# Minting Policy

# Start

Lecture 5, Part 1

Lecture Video

This lecture is about using Plutus with native tokens and "minting."

Remember that in the UTxO model, transactions have:

• An address
• A value
• A datum

So far, the value we work with in these lectures is usually ADA (or it's fractional unit "Lovelace").

When working with native tokens instead of ADA, you define a way to "mint" the tokens and a way to "burn" the tokens.