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Sui Ecosystem DEX Turbos Finance launches LP lock-up function, LP can permanently lock full range of liquidity
2024-10-19 05:57:48
Odaily News According to official news, Sui's leading DEX Turbos Finance has now launched the LP lock-up function, which aims to enable LPs to permanently lock their full range of liquidity positions on the DEX platform by locking liquidity, while still being able to earn transaction fees and incentives. This function will help prevent project parties from Rugpull, lock tokens to reduce selling pressure, and enhance transparency and trust in the Sui ecosystem community. This move will further promote the development of Sui's Meme coin and other sectors such as GameFi, which will benefit the entire ecosystem. Previously, Turbos has exclusively supported multiple Sui ecosystem Meme coin projects including FUD, BLUB, and PIGU. Its current TVL is nearly US$30 million, with a weekly trading volume of more than US$90 million and nearly 500,000 active addresses.