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Raydium's new feature allows project teams to permanently lock CLMM liquidity
Bitget2024/09/11 12:53
The decentralized exchange Raydium has announced the launch of a new feature "Burn Earn", which allows project teams to permanently lock in the liquidity of Centralized Liquidity Market Makers (CLMM), while retaining the right to claim transaction fees. The new feature mainly targets all positions of CLMM, once locked, liquidity providers will not be able to withdraw or manage their positions for rebalancing. However, users can still view locked positions and claim fees and rewards on their portfolio page.
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