Locking Liquidity
Last updated
Last updated
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.
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.