diff --git a/blog/2024/how-to-mint-nfts.md b/blog/2024/how-to-mint-nfts.md index 08a90b001c..4724895cd5 100644 --- a/blog/2024/how-to-mint-nfts.md +++ b/blog/2024/how-to-mint-nfts.md @@ -44,7 +44,7 @@ The following table provides examples of how much the total owner reserve might | 200 | 14 XRP | 18 XRP | 26 XRP | | 1000 | 64 XRP | 84 XRP | 126 XRP | -## Getting Started +## NFT Minting: Getting Started Before diving into how to mint an NFT, ensure you have access to test accounts on the XRP Ledger's Testnet or Devnet. This is crucial for experimenting without risking real assets. You can easily acquire test accounts by downloading the Quickstart Samples archive, available in [JavaScript] (https://github.com/XRPLF/xrpl-dev-portal/tree/master/_code-samples/quickstart/js/) and [Python](https://github.com/XRPLF/xrpl-dev-portal/tree/master/_code-samples/quickstart/py), and following these steps: @@ -81,11 +81,11 @@ Minting an NFT involves creating a new, unique digital token using blockchain te 3. Specify the Transfer Fee: Define a fee between 0-50000, allowing for a royalty of 0.000% to 50.000% on future sales. If the NFT is non-transferable, set this to 0. 4. Click **Mint NFT** to create your token. -## Viewing Your Minted NFTs +## Viewing Your NFTs To view a list of NFTs associated with your account, simply click **Get NFTs**. This action fetches and displays all NFTs owned by the account in use. -## Burning Your Minted NFT +## Burning Your NFT [Burning an NFT](https://xrpl.org/docs/tutorials/python/nfts/mint-and-burn-nfts) is the process of permanently destroying the token. To burn an NFT: diff --git a/docs/concepts/tokens/decentralized-exchange/index.md b/docs/concepts/tokens/decentralized-exchange/index.md index 9551366d88..d2ea983117 100644 --- a/docs/concepts/tokens/decentralized-exchange/index.md +++ b/docs/concepts/tokens/decentralized-exchange/index.md @@ -11,7 +11,7 @@ targets: --- # Decentralized Exchange (DEX) -The XRP Ledger has possibly the world's oldest _decentralized exchange_ (sometimes abbreviated "DEX"), operating continuously since the XRP Ledger's launch in 2012. The exchange allows users to buy and sell [tokens](../index.md) for XRP or other tokens, with minimal trading [fees](../../transactions/fees.md) charged to the network itself (not paid out to any party). +The XRP Ledger has possibly the world's oldest _decentralized exchange_ (sometimes abbreviated "DEX"), operating continuously since the XRP Ledger's launch in 2012. The exchange allows users to buy and sell [tokens](../index.md) for XRP or other tokens, with minimal [fees](../../transactions/fees.md) charged to the network itself (not paid out to any party). {% admonition type="warning" name="Caution" %}Anyone can [issue a token](../../../tutorials/how-tos/use-tokens/issue-a-fungible-token.md) with any currency code or ticker symbol they want and sell it in the decentralized exchange. Always perform due diligence before buying a token, and pay attention to the issuer. Otherwise, you might give up something of value and receive worthless tokens in exchange.{% /admonition %} @@ -19,6 +19,8 @@ The XRP Ledger has possibly the world's oldest _decentralized exchange_ (sometim A decentralized exchange, abbreviated "DEX", is a platform that enables anyone to directly buy, sell, and trade digital assets with one another, without relying on a centralized intermediary like a bank or traditional exchange. DEXes typically use smart contracts and automated market makers (AMMs) to facilitate peer-to-peer trading and liquidity provision, enabling users to retain control over their assets while interacting in a decentralized manner. +The XRP Ledger's CLOB DEX is unique in that it does **not require** AMMs to swap. Trades on the XRP Ledger _can_ use AMMs to swap too, but unlike other DEXes, an AMM is not required. +