## SUI-Based DEX Cetus Introduces 'LP Burn' Feature for Permanent Liquidity Locking SUI-powered decentralized exchange (DEX) Cetus has announced the launch of its 'LP Burn' feature, allowing users to permanently lock liquidity in LP pools. By leveraging this functionality, liquidity providers (LPs) can enhance their commitment to the platform and earn consistent fees and mining rewards. ## Key Features and Benefits of the 'LP Burn' Feature Accessible through the official Cetus website, the 'LP Burn' feature empowers users to voluntarily lock their liquidity in designated LP pools. Once locked, LPs relinquish the ability to withdraw their liquidity, ensuring a stable and reliable source of liquidity for trading activities. Despite the inability to withdraw funds, LPs continue to accrue fees and mining rewards associated with their locked liquidity positions. This incentivized mechanism aligns with Cetus's commitment to fostering a sustainable and rewarding ecosystem for its community. ## Rationale Behind the 'LP Burn' Feature Cetus attributes the introduction of the 'LP Burn' feature to the increasing demand from its user base. The platform acknowledges that this feature caters specifically to community-driven projects, particularly Sui-based meme coins, seeking to establish long-term liquidity commitments and enhance community engagement. ## Conclusion The launch of the 'LP Burn' feature by SUI-based DEX Cetus signifies a strategic move to strengthen its liquidity infrastructure. By enabling permanent liquidity locking, Cetus aims to instill confidence among its users, attract new liquidity providers, and solidify its position as a leading DEX within the SUI ecosystem. With its user-centric approach and commitment to community feedback, Cetus continues to evolve and adapt to the evolving needs of the decentralized finance (DeFi) landscape.