# Minting and Supply

Every mint is a transfer from the reserved `"Mint"` address. Circulating supply is whatever has left that address, so mint approvals and the permission to change them are the supply policy.

## Shape

A complete `MsgTransferTokens` that mints one of token ID 1 to bob. Only the transfer fields are open:

```json fold=21-38
{
  "creator": "bb1p0rrel3365scadq5k9pv0x0zp9j22js6dnw70d",
  "collectionId": "1",
  "transfers": [
    {
      "from": "Mint",
      "toAddresses": [
        "bb1py4mfpg6uf59qkyzg0nmau322c5873eeysp5ue"
      ],
      "balances": [
        {
          "amount": "1",
          "tokenIds": [
            { "start": "1", "end": "1" }
          ],
          "ownershipTimes": [
            { "start": "1", "end": "18446744073709551615" }
          ]
        }
      ],
      "precalculateBalancesFromApproval": {
        "approvalId": "",
        "approvalLevel": "",
        "approverAddress": "",
        "version": "0",
        "precalculationOptions": {
          "overrideTimestamp": "0",
          "tokenIdsOverride": [],
          "scalingMultiplier": "0"
        }
      },
      "merkleProofs": [],
      "ethSignatureProofs": [],
      "memo": "",
      "prioritizedApprovals": [],
      "onlyCheckPrioritizedCollectionApprovals": false,
      "onlyCheckPrioritizedIncomingApprovals": false,
      "onlyCheckPrioritizedOutgoingApprovals": false
    }
  ]
}
```

A complete mint approval. `fromListId` and the required override are open:

```json fold=3-15,18-65,67-113
{
  "fromListId": "Mint",
  "toListId": "All",
  "initiatedByListId": "All",
  "transferTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "tokenIds": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "ownershipTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "uri": "",
  "customData": "",
  "approvalId": "mint-approval",
  "approvalCriteria": {
    "merkleChallenges": [],
    "predeterminedBalances": {
      "manualBalances": [],
      "incrementedBalances": {
        "startBalances": [],
        "incrementTokenIdsBy": "0",
        "incrementOwnershipTimesBy": "0",
        "durationFromTimestamp": "0",
        "allowOverrideTimestamp": false,
        "recurringOwnershipTimes": {
          "startTime": "0",
          "intervalLength": "0",
          "chargePeriodLength": "0"
        },
        "allowOverrideWithAnyValidToken": false,
        "allowAmountScaling": false,
        "maxScalingMultiplier": "0"
      },
      "orderCalculationMethod": {
        "useOverallNumTransfers": false,
        "usePerToAddressNumTransfers": false,
        "usePerFromAddressNumTransfers": false,
        "usePerInitiatedByAddressNumTransfers": false,
        "useMerkleChallengeLeafIndex": false,
        "challengeTrackerId": ""
      }
    },
    "approvalAmounts": {
      "overallApprovalAmount": "0",
      "perToAddressApprovalAmount": "0",
      "perFromAddressApprovalAmount": "0",
      "perInitiatedByAddressApprovalAmount": "0",
      "amountTrackerId": "",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "maxNumTransfers": {
      "overallMaxNumTransfers": "0",
      "perToAddressMaxNumTransfers": "0",
      "perFromAddressMaxNumTransfers": "0",
      "perInitiatedByAddressMaxNumTransfers": "0",
      "amountTrackerId": "",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "coinTransfers": [],
    "requireToEqualsInitiatedBy": false,
    "requireFromEqualsInitiatedBy": false,
    "requireToDoesNotEqualInitiatedBy": false,
    "requireFromDoesNotEqualInitiatedBy": false,
    "overridesFromOutgoingApprovals": true,
    "overridesToIncomingApprovals": false,
    "autoDeletionOptions": {
      "afterOneUse": false,
      "afterOverallMaxNumTransfers": false,
      "allowCounterpartyPurge": false,
      "allowPurgeIfExpired": false
    },
    "mustOwnTokens": [],
    "dynamicStoreChallenges": [],
    "ethSignatureChallenges": [],
    "senderChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "recipientChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "initiatorChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "altTimeChecks": {
      "offlineHours": [],
      "offlineDays": [],
      "offlineMonths": [],
      "offlineDaysOfMonth": [],
      "offlineWeeksOfYear": [],
      "timezoneOffsetMinutes": "0",
      "timezoneOffsetNegative": false
    },
    "mustPrioritize": false,
    "votingChallenges": [],
    "allowBackedMinting": false,
    "allowSpecialWrapping": false,
    "evmQueryChallenges": [],
    "userApprovalSettings": {
      "allowedDenoms": [],
      "disableUserCoinTransfers": false,
      "userRoyalties": { "percentage": "0", "payoutAddress": "" }
    }
  },
  "version": "0"
}
```

| Term | Meaning |
| --- | --- |
| `"Mint"` | Reserved sender with unlimited balance of every token ID. Cannot receive tokens. |
| mint approval | A collection approval with `fromListId: "Mint"`. |
| circulating supply | Cumulative total transferred out of `"Mint"`. Not a stored field. |
| `mintEscrowAddress` | A generated `bb1` address that holds `x/bank` coins on behalf of `"Mint"`. |

{% hint style="info" %}
Ask your agent:

```text
Create a collection with a mint approval capped at 1000 mints, mint the first 10 to alice at creation, then lock the mint approval forever.
```

The MCP builder tools (`add_approval, add_transfer, set_permissions`) produce the objects on this page.
{% endhint %}

## How It Works

### The Mint Address

`"Mint"` has no key pair and no user-level approvals. Any transfer from it creates tokens. Because it cannot set its own outgoing approvals, every mint approval must set `overridesFromOutgoingApprovals: true`, or no transfer from it can match.

### The Manager Controls the Flow

The manager controls minting through two things:

- the mint approvals themselves (`collectionApprovals` where `fromListId` is `"Mint"`)
- the permission to change them (`collectionPermissions.canUpdateCollectionApprovals`)

Approvals define what transfers are allowed. Minting happens only when someone executes a matching transfer. Permissions define whether the approvals can change.

A complete `MsgUniversalUpdateCollection` that keeps one mint approval and forbids every future change to Mint approvals:

```json fold=2-23,25-32,54-55,59-76,80-92,94-192,195-211
{
  "creator": "bb1p0rrel3365scadq5k9pv0x0zp9j22js6dnw70d",
  "collectionId": "1",
  "defaultBalances": {
    "balances": [],
    "outgoingApprovals": [],
    "incomingApprovals": [],
    "autoApproveSelfInitiatedOutgoingTransfers": true,
    "autoApproveSelfInitiatedIncomingTransfers": true,
    "autoApproveAllIncomingTransfers": true,
    "userPermissions": {
      "canUpdateOutgoingApprovals": [],
      "canUpdateIncomingApprovals": [],
      "canUpdateAutoApproveSelfInitiatedOutgoingTransfers": [],
      "canUpdateAutoApproveSelfInitiatedIncomingTransfers": [],
      "canUpdateAutoApproveAllIncomingTransfers": []
    }
  },
  "updateValidTokenIds": true,
  "validTokenIds": [
    { "start": "1", "end": "100" }
  ],
  "updateCollectionPermissions": true,
  "collectionPermissions": {
    "canDeleteCollection": [],
    "canArchiveCollection": [],
    "canUpdateStandards": [],
    "canUpdateCustomData": [],
    "canUpdateManager": [],
    "canUpdateCollectionMetadata": [],
    "canUpdateValidTokenIds": [],
    "canUpdateTokenMetadata": [],
    "canUpdateCollectionApprovals": [
      {
        "fromListId": "Mint",
        "toListId": "All",
        "initiatedByListId": "All",
        "transferTimes": [
          { "start": "1", "end": "18446744073709551615" }
        ],
        "tokenIds": [
          { "start": "1", "end": "18446744073709551615" }
        ],
        "ownershipTimes": [
          { "start": "1", "end": "18446744073709551615" }
        ],
        "approvalId": "All",
        "permanentlyPermittedTimes": [],
        "permanentlyForbiddenTimes": [
          { "start": "1", "end": "18446744073709551615" }
        ]
      }
    ],
    "canAddMoreAliasPaths": [],
    "canAddMoreCosmosCoinWrapperPaths": []
  },
  "updateManager": true,
  "manager": "bb1p0rrel3365scadq5k9pv0x0zp9j22js6dnw70d",
  "updateCollectionMetadata": true,
  "collectionMetadata": {
    "uri": "ipfs://bafybeigdyrzt5sfp7udm7hu76uh7y26nf3efuylqabf3oclgtqy55fbzdi/collection.json",
    "customData": ""
  },
  "updateTokenMetadata": true,
  "tokenMetadata": [
    {
      "uri": "ipfs://bafybeigdyrzt5sfp7udm7hu76uh7y26nf3efuylqabf3oclgtqy55fbzdi/{id}.json",
      "customData": "",
      "tokenIds": [
        { "start": "1", "end": "100" }
      ]
    }
  ],
  "updateCustomData": true,
  "customData": "",
  "updateCollectionApprovals": true,
  "collectionApprovals": [
    {
      "fromListId": "Mint",
      "toListId": "All",
      "initiatedByListId": "All",
      "transferTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "tokenIds": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "ownershipTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "uri": "",
      "customData": "",
      "approvalId": "mint-approval",
      "approvalCriteria": {
        "merkleChallenges": [],
        "predeterminedBalances": {
          "manualBalances": [],
          "incrementedBalances": {
            "startBalances": [],
            "incrementTokenIdsBy": "0",
            "incrementOwnershipTimesBy": "0",
            "durationFromTimestamp": "0",
            "allowOverrideTimestamp": false,
            "recurringOwnershipTimes": {
              "startTime": "0",
              "intervalLength": "0",
              "chargePeriodLength": "0"
            },
            "allowOverrideWithAnyValidToken": false,
            "allowAmountScaling": false,
            "maxScalingMultiplier": "0"
          },
          "orderCalculationMethod": {
            "useOverallNumTransfers": false,
            "usePerToAddressNumTransfers": false,
            "usePerFromAddressNumTransfers": false,
            "usePerInitiatedByAddressNumTransfers": false,
            "useMerkleChallengeLeafIndex": false,
            "challengeTrackerId": ""
          }
        },
        "approvalAmounts": {
          "overallApprovalAmount": "0",
          "perToAddressApprovalAmount": "0",
          "perFromAddressApprovalAmount": "0",
          "perInitiatedByAddressApprovalAmount": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "maxNumTransfers": {
          "overallMaxNumTransfers": "0",
          "perToAddressMaxNumTransfers": "0",
          "perFromAddressMaxNumTransfers": "0",
          "perInitiatedByAddressMaxNumTransfers": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "coinTransfers": [],
        "requireToEqualsInitiatedBy": false,
        "requireFromEqualsInitiatedBy": false,
        "requireToDoesNotEqualInitiatedBy": false,
        "requireFromDoesNotEqualInitiatedBy": false,
        "overridesFromOutgoingApprovals": true,
        "overridesToIncomingApprovals": false,
        "autoDeletionOptions": {
          "afterOneUse": false,
          "afterOverallMaxNumTransfers": false,
          "allowCounterpartyPurge": false,
          "allowPurgeIfExpired": false
        },
        "mustOwnTokens": [],
        "dynamicStoreChallenges": [],
        "ethSignatureChallenges": [],
        "senderChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "recipientChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "initiatorChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "altTimeChecks": {
          "offlineHours": [],
          "offlineDays": [],
          "offlineMonths": [],
          "offlineDaysOfMonth": [],
          "offlineWeeksOfYear": [],
          "timezoneOffsetMinutes": "0",
          "timezoneOffsetNegative": false
        },
        "mustPrioritize": false,
        "votingChallenges": [],
        "allowBackedMinting": false,
        "allowSpecialWrapping": false,
        "evmQueryChallenges": [],
        "userApprovalSettings": {
          "allowedDenoms": [],
          "disableUserCoinTransfers": false,
          "userRoyalties": { "percentage": "0", "payoutAddress": "" }
        }
      },
      "version": "0"
    }
  ],
  "updateStandards": true,
  "standards": [
    "NFTs"
  ],
  "updateIsArchived": true,
  "isArchived": false,
  "mintEscrowCoinsToTransfer": [],
  "cosmosCoinWrapperPathsToAdd": [],
  "invariants": {
    "noCustomOwnershipTimes": false,
    "maxSupplyPerId": "0",
    "cosmosCoinBackedPath": null,
    "noForcefulPostMintTransfers": false,
    "disablePoolCreation": false,
    "evmQueryChallenges": []
  },
  "aliasPathsToAdd": []
}
```

To lock minting, forbid updates to every Mint approval forever. The current approvals then freeze.

### Two Supply Strategies

**Mint at genesis, then lock.** Create the collection with a mint approval, mint everything you will ever need to yourself with `MsgTransferTokens`, then forbid mint approval updates. Result: fixed supply. Distribution is then governed by post-mint approvals.

**Keep Mint as an escrow.** Create the collection with mint approvals and keep the permission to edit them. Result: elastic supply. Current approvals bound what can be minted now; the manager can widen them later.

### Supply Caps Live in Approvals

Approval criteria on a mint approval decide who can mint, when, and how much:

```json fold=3-15,18-52,61-65,67-113
{
  "fromListId": "Mint",
  "toListId": "All",
  "initiatedByListId": "All",
  "transferTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "tokenIds": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "ownershipTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "uri": "",
  "customData": "",
  "approvalId": "supply-control",
  "approvalCriteria": {
    "merkleChallenges": [],
    "predeterminedBalances": {
      "manualBalances": [],
      "incrementedBalances": {
        "startBalances": [],
        "incrementTokenIdsBy": "0",
        "incrementOwnershipTimesBy": "0",
        "durationFromTimestamp": "0",
        "allowOverrideTimestamp": false,
        "recurringOwnershipTimes": {
          "startTime": "0",
          "intervalLength": "0",
          "chargePeriodLength": "0"
        },
        "allowOverrideWithAnyValidToken": false,
        "allowAmountScaling": false,
        "maxScalingMultiplier": "0"
      },
      "orderCalculationMethod": {
        "useOverallNumTransfers": false,
        "usePerToAddressNumTransfers": false,
        "usePerFromAddressNumTransfers": false,
        "usePerInitiatedByAddressNumTransfers": false,
        "useMerkleChallengeLeafIndex": false,
        "challengeTrackerId": ""
      }
    },
    "approvalAmounts": {
      "overallApprovalAmount": "0",
      "perToAddressApprovalAmount": "0",
      "perFromAddressApprovalAmount": "0",
      "perInitiatedByAddressApprovalAmount": "0",
      "amountTrackerId": "",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "maxNumTransfers": {
      "overallMaxNumTransfers": "1000",
      "perToAddressMaxNumTransfers": "0",
      "perFromAddressMaxNumTransfers": "0",
      "perInitiatedByAddressMaxNumTransfers": "0",
      "amountTrackerId": "supply-control",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "coinTransfers": [],
    "requireToEqualsInitiatedBy": false,
    "requireFromEqualsInitiatedBy": false,
    "requireToDoesNotEqualInitiatedBy": false,
    "requireFromDoesNotEqualInitiatedBy": false,
    "overridesFromOutgoingApprovals": true,
    "overridesToIncomingApprovals": false,
    "autoDeletionOptions": {
      "afterOneUse": false,
      "afterOverallMaxNumTransfers": false,
      "allowCounterpartyPurge": false,
      "allowPurgeIfExpired": false
    },
    "mustOwnTokens": [],
    "dynamicStoreChallenges": [],
    "ethSignatureChallenges": [],
    "senderChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "recipientChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "initiatorChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "altTimeChecks": {
      "offlineHours": [],
      "offlineDays": [],
      "offlineMonths": [],
      "offlineDaysOfMonth": [],
      "offlineWeeksOfYear": [],
      "timezoneOffsetMinutes": "0",
      "timezoneOffsetNegative": false
    },
    "mustPrioritize": false,
    "votingChallenges": [],
    "allowBackedMinting": false,
    "allowSpecialWrapping": false,
    "evmQueryChallenges": [],
    "userApprovalSettings": {
      "allowedDenoms": [],
      "disableUserCoinTransfers": false,
      "userRoyalties": { "percentage": "0", "payoutAddress": "" }
    }
  },
  "version": "0"
}
```

The `maxSupplyPerId` [invariant](https://docs.bitbadges.io/token-standard/approval-criteria/invariants) adds a hard per-ID cap as a sanity check. It does not replace approval design.

### The Supply Cap Bypass

A cap in the current approvals is not a cap if the manager can still edit approvals.

```text
Collection: "Limited Edition"
Current supply: 500 / 1,000

Current mint approval:
  allows 500 more
  blocks anything beyond

Manager permission:
  canUpdateCollectionApprovals: neutral (can still update)
```

From the outside, 500 more can be minted. In reality the manager can replace the approval with an unlimited one. To cap supply, lock both the current approvals and the permission to update them.

{% hint style="warning" %}
Never put `"Mint"` in the same list as other senders. `"All"` includes `"Mint"`. Use `"Mint"` for mint approvals and `"!Mint"` (or `"AllWithoutMint"`) for post-mint approvals.
{% endhint %}

Wrong, mixes Mint with every other sender:

```json fold=3-15,17-115
{
  "fromListId": "All",
  "toListId": "All",
  "initiatedByListId": "All",
  "transferTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "tokenIds": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "ownershipTimes": [
    { "start": "1", "end": "18446744073709551615" }
  ],
  "uri": "",
  "customData": "",
  "approvalId": "bad-approval",
  "approvalCriteria": {
    "merkleChallenges": [],
    "predeterminedBalances": {
      "manualBalances": [],
      "incrementedBalances": {
        "startBalances": [],
        "incrementTokenIdsBy": "0",
        "incrementOwnershipTimesBy": "0",
        "durationFromTimestamp": "0",
        "allowOverrideTimestamp": false,
        "recurringOwnershipTimes": {
          "startTime": "0",
          "intervalLength": "0",
          "chargePeriodLength": "0"
        },
        "allowOverrideWithAnyValidToken": false,
        "allowAmountScaling": false,
        "maxScalingMultiplier": "0"
      },
      "orderCalculationMethod": {
        "useOverallNumTransfers": false,
        "usePerToAddressNumTransfers": false,
        "usePerFromAddressNumTransfers": false,
        "usePerInitiatedByAddressNumTransfers": false,
        "useMerkleChallengeLeafIndex": false,
        "challengeTrackerId": ""
      }
    },
    "approvalAmounts": {
      "overallApprovalAmount": "0",
      "perToAddressApprovalAmount": "0",
      "perFromAddressApprovalAmount": "0",
      "perInitiatedByAddressApprovalAmount": "0",
      "amountTrackerId": "",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "maxNumTransfers": {
      "overallMaxNumTransfers": "0",
      "perToAddressMaxNumTransfers": "0",
      "perFromAddressMaxNumTransfers": "0",
      "perInitiatedByAddressMaxNumTransfers": "0",
      "amountTrackerId": "",
      "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
    },
    "coinTransfers": [],
    "requireToEqualsInitiatedBy": false,
    "requireFromEqualsInitiatedBy": false,
    "requireToDoesNotEqualInitiatedBy": false,
    "requireFromDoesNotEqualInitiatedBy": false,
    "overridesFromOutgoingApprovals": true,
    "overridesToIncomingApprovals": false,
    "autoDeletionOptions": {
      "afterOneUse": false,
      "afterOverallMaxNumTransfers": false,
      "allowCounterpartyPurge": false,
      "allowPurgeIfExpired": false
    },
    "mustOwnTokens": [],
    "dynamicStoreChallenges": [],
    "ethSignatureChallenges": [],
    "senderChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "recipientChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "initiatorChecks": {
      "mustBeEvmContract": false,
      "mustNotBeEvmContract": false,
      "mustBeLiquidityPool": false,
      "mustNotBeLiquidityPool": false
    },
    "altTimeChecks": {
      "offlineHours": [],
      "offlineDays": [],
      "offlineMonths": [],
      "offlineDaysOfMonth": [],
      "offlineWeeksOfYear": [],
      "timezoneOffsetMinutes": "0",
      "timezoneOffsetNegative": false
    },
    "mustPrioritize": false,
    "votingChallenges": [],
    "allowBackedMinting": false,
    "allowSpecialWrapping": false,
    "evmQueryChallenges": [],
    "userApprovalSettings": {
      "allowedDenoms": [],
      "disableUserCoinTransfers": false,
      "userRoyalties": { "percentage": "0", "payoutAddress": "" }
    }
  },
  "version": "0"
}
```

Right, one approval for minting and one for everything after:

```json fold=5-17,19-117,121-133,135-233
{
  "collectionApprovals": [
    {
      "fromListId": "Mint",
      "toListId": "All",
      "initiatedByListId": "All",
      "transferTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "tokenIds": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "ownershipTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "uri": "",
      "customData": "",
      "approvalId": "mint-only",
      "approvalCriteria": {
        "merkleChallenges": [],
        "predeterminedBalances": {
          "manualBalances": [],
          "incrementedBalances": {
            "startBalances": [],
            "incrementTokenIdsBy": "0",
            "incrementOwnershipTimesBy": "0",
            "durationFromTimestamp": "0",
            "allowOverrideTimestamp": false,
            "recurringOwnershipTimes": {
              "startTime": "0",
              "intervalLength": "0",
              "chargePeriodLength": "0"
            },
            "allowOverrideWithAnyValidToken": false,
            "allowAmountScaling": false,
            "maxScalingMultiplier": "0"
          },
          "orderCalculationMethod": {
            "useOverallNumTransfers": false,
            "usePerToAddressNumTransfers": false,
            "usePerFromAddressNumTransfers": false,
            "usePerInitiatedByAddressNumTransfers": false,
            "useMerkleChallengeLeafIndex": false,
            "challengeTrackerId": ""
          }
        },
        "approvalAmounts": {
          "overallApprovalAmount": "0",
          "perToAddressApprovalAmount": "0",
          "perFromAddressApprovalAmount": "0",
          "perInitiatedByAddressApprovalAmount": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "maxNumTransfers": {
          "overallMaxNumTransfers": "0",
          "perToAddressMaxNumTransfers": "0",
          "perFromAddressMaxNumTransfers": "0",
          "perInitiatedByAddressMaxNumTransfers": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "coinTransfers": [],
        "requireToEqualsInitiatedBy": false,
        "requireFromEqualsInitiatedBy": false,
        "requireToDoesNotEqualInitiatedBy": false,
        "requireFromDoesNotEqualInitiatedBy": false,
        "overridesFromOutgoingApprovals": true,
        "overridesToIncomingApprovals": false,
        "autoDeletionOptions": {
          "afterOneUse": false,
          "afterOverallMaxNumTransfers": false,
          "allowCounterpartyPurge": false,
          "allowPurgeIfExpired": false
        },
        "mustOwnTokens": [],
        "dynamicStoreChallenges": [],
        "ethSignatureChallenges": [],
        "senderChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "recipientChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "initiatorChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "altTimeChecks": {
          "offlineHours": [],
          "offlineDays": [],
          "offlineMonths": [],
          "offlineDaysOfMonth": [],
          "offlineWeeksOfYear": [],
          "timezoneOffsetMinutes": "0",
          "timezoneOffsetNegative": false
        },
        "mustPrioritize": false,
        "votingChallenges": [],
        "allowBackedMinting": false,
        "allowSpecialWrapping": false,
        "evmQueryChallenges": [],
        "userApprovalSettings": {
          "allowedDenoms": [],
          "disableUserCoinTransfers": false,
          "userRoyalties": { "percentage": "0", "payoutAddress": "" }
        }
      },
      "version": "0"
    },
    {
      "fromListId": "!Mint",
      "toListId": "All",
      "initiatedByListId": "All",
      "transferTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "tokenIds": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "ownershipTimes": [
        { "start": "1", "end": "18446744073709551615" }
      ],
      "uri": "",
      "customData": "",
      "approvalId": "post-mint",
      "approvalCriteria": {
        "merkleChallenges": [],
        "predeterminedBalances": {
          "manualBalances": [],
          "incrementedBalances": {
            "startBalances": [],
            "incrementTokenIdsBy": "0",
            "incrementOwnershipTimesBy": "0",
            "durationFromTimestamp": "0",
            "allowOverrideTimestamp": false,
            "recurringOwnershipTimes": {
              "startTime": "0",
              "intervalLength": "0",
              "chargePeriodLength": "0"
            },
            "allowOverrideWithAnyValidToken": false,
            "allowAmountScaling": false,
            "maxScalingMultiplier": "0"
          },
          "orderCalculationMethod": {
            "useOverallNumTransfers": false,
            "usePerToAddressNumTransfers": false,
            "usePerFromAddressNumTransfers": false,
            "usePerInitiatedByAddressNumTransfers": false,
            "useMerkleChallengeLeafIndex": false,
            "challengeTrackerId": ""
          }
        },
        "approvalAmounts": {
          "overallApprovalAmount": "0",
          "perToAddressApprovalAmount": "0",
          "perFromAddressApprovalAmount": "0",
          "perInitiatedByAddressApprovalAmount": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "maxNumTransfers": {
          "overallMaxNumTransfers": "0",
          "perToAddressMaxNumTransfers": "0",
          "perFromAddressMaxNumTransfers": "0",
          "perInitiatedByAddressMaxNumTransfers": "0",
          "amountTrackerId": "",
          "resetTimeIntervals": { "startTime": "0", "intervalLength": "0" }
        },
        "coinTransfers": [],
        "requireToEqualsInitiatedBy": false,
        "requireFromEqualsInitiatedBy": false,
        "requireToDoesNotEqualInitiatedBy": false,
        "requireFromDoesNotEqualInitiatedBy": false,
        "overridesFromOutgoingApprovals": false,
        "overridesToIncomingApprovals": false,
        "autoDeletionOptions": {
          "afterOneUse": false,
          "afterOverallMaxNumTransfers": false,
          "allowCounterpartyPurge": false,
          "allowPurgeIfExpired": false
        },
        "mustOwnTokens": [],
        "dynamicStoreChallenges": [],
        "ethSignatureChallenges": [],
        "senderChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "recipientChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "initiatorChecks": {
          "mustBeEvmContract": false,
          "mustNotBeEvmContract": false,
          "mustBeLiquidityPool": false,
          "mustNotBeLiquidityPool": false
        },
        "altTimeChecks": {
          "offlineHours": [],
          "offlineDays": [],
          "offlineMonths": [],
          "offlineDaysOfMonth": [],
          "offlineWeeksOfYear": [],
          "timezoneOffsetMinutes": "0",
          "timezoneOffsetNegative": false
        },
        "mustPrioritize": false,
        "votingChallenges": [],
        "allowBackedMinting": false,
        "allowSpecialWrapping": false,
        "evmQueryChallenges": [],
        "userApprovalSettings": {
          "allowedDenoms": [],
          "disableUserCoinTransfers": false,
          "userRoyalties": { "percentage": "0", "payoutAddress": "" }
        }
      },
      "version": "0"
    }
  ]
}
```

Rules:

- `"Mint"` for mint approvals only.
- `"!Mint"` or `"AllWithoutMint"` for post-mint approvals.
- Never `"All"` as a `fromListId`.
- Never mix `"Mint"` with other addresses in one list.

### Mint Escrow Address

`"Mint"` cannot hold `x/bank` coins. Each collection has a generated `mintEscrowAddress` that holds coins on its behalf, used for payouts and escrows in [Coin Transfers](https://docs.bitbadges.io/token-standard/approval-criteria/coin-transfers).

```ts
const mintEscrowAddress = generateAlias(
  'tokenization',
  getAliasDerivationKeysForCollection(collectionId)
);
```

## Related

- [Transferability](https://docs.bitbadges.io/token-standard/concepts/transferability)
- [Permissions](https://docs.bitbadges.io/token-standard/concepts/permissions)
- [Coin Transfers](https://docs.bitbadges.io/token-standard/approval-criteria/coin-transfers)
- [MsgTransferTokens](https://docs.bitbadges.io/token-standard/messages/msg-transfer-tokens)