How to Reduce Token Supply on a Drop

While Foundation doesn't provide a direct interface to adjust token supply for a Drop, users can interact with the contract on Etherscan or Basescan to make changes. 

Why Adjust Token Supply?

Creators might want to adjust token supply to respond to market demand, increase scarcity, or correct initial setup errors. This flexibility allows for better alignment with project goals and collector expectations.

How to Reduce/Close the Token Supply for a Drop

1. Go to your Drop contract on Etherscan/Basescan. 
2. Go to the Write Contract as Proxy Tab.
3. Click connect to Web3 and sign in to the wallet address used to create the Edition contract.
4. Go to Field 22 updateMaxTokenId.
5. Update the number and select Write. 
   1. If you update the number equal to the currently minted number of tokens, this will close the Drop. 
   2. Updating to a number above the currently minted number of tokens will reduce the supply but keep the Drop open
6. 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 dynamic price drops, you will need to wait until the resting price has been reached to update the max supply.