I have a program to mint tokens on behalf of users (with user-provided metadata for the tokens) and after the minting is done, I transfer the token to the user address.
Now, my question is - do I need to Set Authority on the token after it's been transferred?
I'm asking because I want to prevent even myself from having access to the user's token after transfer.
Here's an example token I've minted for a test user. I guess my primary reason for raising this question is the fact that the Update Authority
address in Solscan, even after the transfer, is still the account from which the token was minted.