Renounce your token authority and make investors feel secure
Revoking Authority on Solana (there are 3) is when the creator of a token relinquishes certain authority of the token, making it more attractive to investors. It generates greater security, trust, and alignment.
In Solana, we have 3 authorities. It is important to know them when deciding to Revoke a Token's Authority.
With Smithii Tools, you can Revoke Freeze Authority, Revoke Mint Authority, and Make Token Immutable.