Cetus Introduces Permanent Liquidity Lock Feature to Support Long-Term Projects

Quick Summary:

Cetus Introduces Permanent Liquidity Lock Feature for Sui-Based DEX In response to growing community demand, Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has launched a new LP Burn feature, allowing liquidity providers (LPs) to permanently lock their liquidity in specific pools.

By providing liquidity providers with the option to permanently lock their assets, Cetus is creating a new paradigm for long-term commitment in the DeFi space.

The LP Burn feature offers a new way for liquidity providers to engage with decentralized finance (DeFi) on the Sui blockchain.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Cetus

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 15:09:57 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 947 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22795816

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Official Website: bitcoinworld.co.in

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News Last Updated: 12 hours ago

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