Why Are We Revoking?

Revoking freeze is the action of revoking the freeze authority of a Solana token. This freeze authority allows the token issuer to freeze token accounts, preventing any transfers or transactions with the frozen tokens. By revoking this authority, we ensure that no one—including the token issuer—can freeze the token accounts. This action enhances the security and trustworthiness of the token, giving holders confidence that their assets cannot be unexpectedly restricted. It ensures greater control and freedom for token holders to manage their assets as they see fit.

Revoking mint involves revoking the mint authority of a Solana token. The mint authority allows the token issuer to create new tokens, increasing the total supply. By revoking this authority, we ensure that no additional tokens can be minted, preserving the token's scarcity and value. This action demonstrates our commitment to maintaining a fair and transparent token ecosystem. It reassures investors that the token supply will remain fixed, thereby protecting their investment and preventing inflationary practices.