Raydium announces the launch of the "Burn & Earn" feature, allowing for the permanent locking of CLMM liquidity.

ChainCatcher news, the decentralized exchange Raydium has announced the launch of a new feature "Burn & Earn". This feature allows project teams to permanently lock the liquidity of concentrated liquidity market makers (CLMM) while retaining the right to collect trading fees.

The new feature is mainly aimed at CLMM full range positions. Once locked, liquidity providers will not be able to withdraw or manage positions for rebalancing. However, users can still view locked positions on the portfolio page and claim fees and rewards.