Burn & Earn
Burn (permanently lock) CLMM and CPMM (CP-Swap) positions and keep ownership over the LP fees and rewards. The Raydium Fee Key is a transferrable NFT representing a claim to future yield.
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Burn (permanently lock) CLMM and CPMM (CP-Swap) positions and keep ownership over the LP fees and rewards. The Raydium Fee Key is a transferrable NFT representing a claim to future yield.
Last updated
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At this time, Burn & Earn only supports Raydium's newest CPMM (CP-Swap) and does not support the Hybrid AMM (ammV4). Burn & Earn is an optional feature.
Technically, the NFT and LP tokens representing your principal position are locked, not burned. To lock liquidity permanently for a position, follow the steps below:
1) or with a full-range position.
2) Navigate to the Burn & Earn interface by clicking 'Create' on the .
3) Carefully select the position you'd like to lock.
4) Verify the position details including the pool selected, and type the confirmation sentence.
Please pay attention to the position details (NFT address, Position size), once the LP token is locked there is no way to retrieve the liquidity deposited in the position.
5) Click 'Confirm, lock the liquidity permanently'. You will receive the following NFT (Raydium Fee Key), representing the right to claim yield from trading fees.
Raydium APIs are public and can be indexed by any third-party. Raydium is not responsible for third-party platforms integrating and accurately showing this information.
The locked position will be accessible on the similar to a standard position.
The liquidity page will now display the % of burnt liquidity on pools. Data for the locked liquidity is available to users and third parties on the following API link:
