I deployed a token on Ethereum with 1 billion supply and ability to mint and burn. What regulatory limits do you expect? Should control over minting be restricted?
hey, maybe decentralize minting by using a dao vote. even though regulation can change, a community driven mint func reduces risk abuse. transparency on burns is key in boosting trust. decentral method might not impress all regulators, but it keeps things fairer overall.
hey everyone, i’m really digging this discussion topic! since your token can mint and burn, it got me thinkin about how centralised controls vs decentralised checks might work out. have you considered giving minting powers to a multisig wallet or even a algo-based schedule? this way, no one person can just mint unlimited tokens outta nowhere, and it helps u avoid potential abuse or regulatory backfire. i also wonder about device different modul rules on burning too – like maybe letting community vote on major burns could add a nice safety layer. what do you guys think about implementing voting mechanisms or even reward systems to keep these powers in check? would love to hear how others would balance freedom with compliance in such a fluid space 