Mint Authority
A mint authority is a keypair permitted to call the MintTo instruction on the token program — in plain terms, it can create new tokens at will and send them anywhere. If a project retains its mint authority, the total supply you see today is not final. More tokens can appear at any time, diluting every existing holder. This is the mechanism behind many rug-pull and "honeypot" attacks: the team mints millions of extra tokens and dumps them on the market.
