Liquidity Lock
Last updated
Last updated
Token owner holding initial liquidity pool (LP) tokens without a lock or burn poses significant risk and possibility of rug pull, leaving all the investors at a loss. To ensure security during a project launch, it is essential to either burn or securely lock the liquidity pool tokens.
However, Deployyyyer safeguards a user by limiting the addition of liquidity through a specific smart contract function. This function has a built-in security measure to automatically lock the contributed tokens for at least 14 days. This gives investors sufficient time to make decision on their investment. In Deployyyyer, locking these tokens does not incur additional costs or hidden transactions, gas fees, or platform charges.