Minting function refers to the process of creating new coins or tokens in a blockchain network. This function is essential for maintaining the supply of a cryptocurrency and ensuring its ecosystem’s continued operation.In proof-of-stake models, minting occurs when existing coin holders use their coins to participate in the network’s operations, such as validating transactions. This can involve locking up a portion of their holdings to secure the network while receiving rewards in the form of newly minted coins.In other models, like decentralized finance platforms, minting can also refer to creating new tokens when a user provides collateral or engages with a smart contract. This process ensures that the system operates smoothly, enabling users to access various financial services.Minting is distinct from traditional mining, where new coins are generated through computational tasks. The minting process often aims to provide a more energy-efficient way of creating new tokens while incentivizing users to engage with the platform.