Many newbies don't understand what burning the pool means, what locking the pool means, and what is the difference between them.
Let me give you a very simple example.
When the project party opens the market, it will put the initial pool, about 1E, into a safe, and then everyone buying is equivalent to depositing money into this safe.
This 1E is equivalent to the start-up capital of your company.
The meaning of locking the pool is that although the project party has put this 1E into the safe, the project party still has the key to the safe. He can unlock and lock it at any time, even if it is locked for 10,000 years. He has the key to open it at any time and take away all the E in the safe at any time (including everyone's deposits). At this time, the coin will be completely returned to 0, and there is no hope at all.
What is burning the pool? The same principle as above, burning the pool can be understood as the project party losing the key to the safe, and no one can open the safe.
No matter how you take it out, there will be 1E left in the safe in the end, which is equivalent to the start-up capital of your company will always exist, even if the price of the currency falls, there is still a chance to make a comeback.
