Locking Liquidity
Lock a liquidity position until a date or permanently, so its liquidity cannot be withdrawn.
A locked position shows everyone that its liquidity cannot be pulled from the pool. Token teams use this, for example, to prove that the launch liquidity of a new token stays in place.
There are two kinds of lock. Both are on the position's page (alcor.exchange/v/<chain>/swap/positions/<id>), below the price range, and only the owner sees them.
Lock until a date
Click Lock until a date and pick 1W, 1M, 3M, 6M, 1Y or a custom date, then sign the transaction. This calls the contract's lockpos action.
While the lock is active:
- liquidity cannot be removed and the position cannot be transferred;
- fees can still be collected, and the position can still be staked in farms and claim farm rewards.
A lock can be extended (Extend lock) but never shortened. Once the date passes, the position works normally again.
Lock permanently
Click Lock liquidity permanently and confirm. The position is transferred to eosio.null, an account nobody controls. This cannot be undone: from then on nobody can remove the liquidity, collect its fees or claim farm rewards for it.
Unstake the position from all farms before you lock it permanently. The option is not available while the position is staked or time-locked.