According to ChainCatcher, the decentralized exchange Raydium announced the launch of a new feature "Burn & Earn". This feature allows project teams to permanently lock the liquidity of centralized liquidity market makers (CLMMs) while retaining the right to claim transaction fees.

The new feature is mainly aimed at the full range of CLMM 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.