Cetus launches the LP Burn feature, supporting permanent liquidity locking.

$Cetus has today launched the LP Burn feature, allowing liquidity providers (LPs) to permanently lock their liquidity, which cannot be withdrawn, but they can still collect fees and mining rewards. This feature was driven by strong demand from the community and is applicable to various community projects and meme tokens, particularly suitable for asset issuers to flexibly adjust their token economic models. Currently, LPs can only lock full-range liquidity positions. $Cetus also provides an SDK to facilitate the integration of this feature by projects or dApps.