How Minting Works

Complete guide to minting NFTs on Lyraverse.

Minting Basics

What is Minting?

Minting is the process of creating new NFTs from a collection's smart contract. Each mint:

• Creates a unique token on the blockchain

• Assigns metadata (image, attributes, etc.)

• Transfers ownership to the minter

• Costs the defined mint price in HYPE

Minting Process Overview

1. Find Collection: Browse live collections

2. Select Quantity: Choose 1-10 NFTs

3. Pay Price: Approve transaction

4. Receive NFTs: Instant ownership

5. View in Wallet: NFTs appear immediately

Finding Collections to Mint

Collection Discovery

• Browse Page: /collections - All collections

• Mint Page: /mint - Currently minting only

• Marketplace: /marketplace - Listed NFTs

Collection Status

• 🟢 Live: Actively minting

• 🟡 Soon: Upcoming mint

• 🔴 Sold Out: Mint completed

• ⏸️ Paused: Temporarily stopped

Filtering Options

• By Category: Art, Gaming, Collectibles, etc.

• By Price: Budget-friendly to premium

• By Popularity: Trending collections

• By Creator: Follow favorite artists

Understanding Mint Phases

Phase Types

Public Phase

Access: Open to everyone
Timing: Flexible schedule
Price: Standard collection price
Limits: Per-wallet restrictions only
Best For: Broad community access

Whitelist Phase

Access: Invitation-only
Timing: Strict time windows
Price: Discounted (reward early supporters)
Limits: Additional whitelist restrictions
Best For: Building exclusive communities

Phase Progression

Collection Launch → Whitelist Phase → Public Phase → Sold Out
                    ↓
              Early Access (Lower Price)

Step-by-Step Minting Guide

1. Prepare Your Wallet

// Ensure you have:
- Connected Hyperliquid-compatible wallet
- Sufficient HYPE tokens for minting
- Small amount for network fees

2. Find a Collection

1. Navigate to collection page

2. Verify "Live" status

3. Check minting requirements

4. Review collection details

3. Access Mint Interface

1. Click "Mint" tab on collection page

2. View current phase information

3. Check your eligibility status

4. Review pricing and limits

4. Configure Mint

// Mint Settings:
Quantity: 1-10 NFTs (based on collection limits)
Total Cost: price × quantity + network fees
Estimated Time: 3-5 seconds on Hyperliquid

5. Execute Mint

1. Click "Mint X NFT(s)" button

2. Review transaction details

3. Approve in wallet popup

4. Wait for confirmation

5. Receive success notification

6. Verify Ownership

1. Check wallet for new NFTs

2. View in Lyraverse profile

3. Confirm transaction on explorer

Mint Limits and Restrictions

Per-Wallet Limits

• Set by collection creator

• Usually 1-10 NFTs per wallet

• Applies per phase

• Resets between phases

Phase-Specific Rules

• Whitelist: Additional allocation limits

• Public: Standard wallet limits only

• Reserve: Creator/team allocations

Time-Based Restrictions

• Phases have start/end times

• No minting outside active windows

• Automatic phase transitions

Pricing and Fees

Mint Cost Breakdown

Base Price: Set by collection creator
Quantity: Your selected amount
Subtotal: price × quantity
Network Fee: Minimal Hyperliquid fee
Total: subtotal + network_fee

Fee Examples

1 NFT at 1 HYPE: ~1.0001 HYPE total
5 NFTs at 0.5 HYPE: ~2.5005 HYPE total
10 NFTs at 0.1 HYPE: ~1.001 HYPE total

Mint Success and Verification

Success Indicators

• ✅ Transaction confirmed on blockchain

• ✅ NFTs appear in your wallet

• ✅ Profile updated with new NFTs

• ✅ Collection supply updated

Verification Steps

1. Wallet Check: NFTs visible in wallet

2. Profile Check: New NFTs in "My NFTs"

3. Transaction Hash: Viewable on explorer

4. Collection Stats: Supply counter updated

Common Minting Scenarios

Successful Mint

✅ Wallet connected
✅ Sufficient balance
✅ Within phase limits
✅ Valid timing
✅ Transaction approved
→ Mint successful!

Failed Mint Scenarios

Insufficient Balance

❌ Error: "Insufficient HYPE balance"
✅ Solution: Add HYPE to wallet

Phase Not Active

❌ Error: "Minting not available"
✅ Solution: Wait for phase to start

Wallet Limits Exceeded

❌ Error: "Max mints per wallet reached"
✅ Solution: Use different wallet or wait for next phase

Network Issues

❌ Error: "Transaction failed"
✅ Solution: Retry with higher gas or check network

Advanced Minting Strategies

Timing Optimization

• Early Access: Join whitelist phases

• Price Changes: Monitor phase transitions

• Supply Tracking: Watch remaining NFTs

Quantity Planning

• Single Mints: Test collections safely

• Bulk Mints: Save on network fees

• Portfolio Building: Diversify across collections

Cost Optimization

• Network Timing: Mint during low congestion

• Bulk Efficiency: Multiple NFTs = better fee ratio

• Phase Planning: Cheaper whitelist vs public

Minting Best Practices

Preparation

• ✅ Research collection thoroughly

• ✅ Check wallet balance

• ✅ Verify whitelist eligibility

• ✅ Have backup wallet ready

During Mint

• ✅ Double-check transaction details

• ✅ Ensure sufficient gas allocation

• ✅ Keep wallet popup open

• ✅ Don't refresh page mid-transaction

After Mint

• ✅ Verify NFT receipt

• ✅ Save transaction hash

• ✅ Update portfolio tracking

• ✅ Follow collection announcements

Troubleshooting Mint Issues

Transaction Stuck

• Wait Time: 2-3 minutes maximum

• Check Explorer: Verify on Hyperliquid explorer

• Contact Support: If truly stuck

Wrong NFTs Received

• Check Contract: Verify correct collection

• Contact Creator: For metadata issues

• Report Bug: If systematic problem

Access Denied

• Whitelist Check: Verify inclusion

• Timing Check: Confirm phase is active

• Wallet Check: Ensure correct address

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Ready to mint? Find your next favorite collection and start collecting! 🚀