# Making metadata object for new token owned or shared

**URL:** <https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943>\
**Category:** Technical Support\
**Created:** [August 4, 2024, 10:59am UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943 "2024-08-04T10:59:49Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![tahlil](https://dub1.discourse-cdn.com/sui/user_avatar/forums.sui.io/tahlil/32/30688_2.png) [@tahlil](https://forums.sui.io/u/tahlil)\
**Post date:** [August 4, 2024, 10:59am UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943/1 "2024-08-04T10:59:49Z")

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What are the benefits and gotchas of making the metadata object shared vs owned for a new token?

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**Author:** ![bipin\_bhandari](https://dub1.discourse-cdn.com/sui/user_avatar/forums.sui.io/bipin_bhandari/32/30740_2.png) [@bipin\_bhandari](https://forums.sui.io/u/bipin_bhandari)\
**Post date:** [August 5, 2024, 2:35am UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943/2 "2024-08-05T02:35:17Z")

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@amnn following up on this issue.

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**Author:** ![shb](https://avatars.discourse-cdn.com/v4/letter/s/dc4da7/32.png) [@shb](https://forums.sui.io/u/shb)\
**Post date:** [August 6, 2024, 7:14am UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943/3 "2024-08-06T07:14:04Z")

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Sharing the metadata object is the best practice. It is common for DeFi protocols (e.g., lending) to read the `decimals` from the coin metadata, which is only possible if it is shared.

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**Author:** ![bipin\_bhandari](https://dub1.discourse-cdn.com/sui/user_avatar/forums.sui.io/bipin_bhandari/32/30740_2.png) [@bipin\_bhandari](https://forums.sui.io/u/bipin_bhandari)\
**Post date:** [August 7, 2024, 7:06am UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943/4 "2024-08-07T07:06:14Z")

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@shb Great thankyou for the clarification, However I do have one more question, its seem like most of the projects are also taking the approach where they freeze their coin metadata object. Is there any limitation on freezing (beside being immutable). And does it also offer same advantage as shared?

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**Author:** ![bipin\_bhandari](https://dub1.discourse-cdn.com/sui/user_avatar/forums.sui.io/bipin_bhandari/32/30740_2.png) [@bipin\_bhandari](https://forums.sui.io/u/bipin_bhandari)\
**Post date:** [August 8, 2024, 5:18pm UTC](https://forums.sui.io/t/making-metadata-object-for-new-token-owned-or-shared/45943/5 "2024-08-08T17:18:19Z")

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@shb @amnn waiting for the answer.