A special token used to create (mint) more of a token. When an SLP token is created, it can optionally also create a Minting Baton for that token. Whichever wallet has control of the minting baton is able to create new tokens at will. If a token doesn't create - or burns - it's minting baton then no new instances of that SLP token can be created.
* All terms and definitions may update as the Cryptionary improves.
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