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Contract's renouncement proof

What is contract's renouncement ownership?? Recently, many projects owners has minted lots of tokens and dump on liquidity, so we are going to renounce ownership of DNOTE and SNOTE token so that people can make sure that dev is not gonna mint any thing and dump on users DNOTE tx proof: https://ftmscan.com/tx/0x933880cd354efa87d420e99c9824f89fe1e54369d899d4184b12b5f71349f14a SNOTE tx proof: https://ftmscan.com/tx/0xa6a94c057c59c8a0323a553c03974f6c90a690ae8bb060941353674dc9c23f02