Locking Liquidity
Sometimes, users might need to lock their liquidity positions permanently. For example, this might be part of the mechanics of a meme token. By doing this, everyone can be assured that the creator of the token will not remove liquidity from the pool and scam users.
How to Lock Liquidity:
Open your position and click on the "Transfer Position" button.
Enter eosio.null
as the receiver of the position. The eosio.null
account functions as a "burn" account, meaning nobody has access to it. By transferring ownership to eosio.null
, the position will be permanently locked, preventing any future transfers, fee claims, or removal of liquidity.
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