While Foundation doesn't provide a direct interface to adjust token supply for an Edition, users can interact with the contract on Etherscan or Basescan to make changes. This guide focuses on Limited Editions, as Timed Editions cannot be adjusted until their time runs out.
Why Adjust Token Supply?
Creators might want to adjust token supply to respond to market demand, increase scarcity, or correct initial setup errors.
How to Reduce/Close the Token Supply for a Limited Edition
- Navigate to your Edition contract on Etherscan/Basescan.
- Go to the "Write Contract as Proxy" tab.
- Connect to Web3 and sign in using the wallet address that created the Edition contract.
- Locate Field 21: "updateMaxTokenId".
- Update the number and select "Write":
- To close the Edition, set the number equal to the currently minted number of tokens.
- To reduce supply while keeping the Edition open, set a number above the currently minted amount.
- Approve the transaction.
Note: If the new maxTokenId matches the latestTokenID, all Editions have been minted, closing the Edition and preventing further minting.
Important Considerations
- Double-check all interactions as you're making changes directly at the contract level.
- Foundation cannot revert any changes made through this process.
- For Timed Editions, wait until the time runs out before making any adjustments.