Cetus launches LP Burn function to support permanent liquidity lock

Odaily News Cetus announced the launch of the LP Burn feature on the X platform, which allows liquidity providers (LPs) to permanently lock their liquidity and cannot withdraw it, and can only receive fees and mining rewards. This feature is driven by strong community demand and is suitable for various community projects and meme tokens, especially for asset issuers to flexibly adjust their token economic models. Currently, LPs can only lock full-range liquidity positions. Cetus also provides SDKs to facilitate projects or dApps to integrate this feature.