# Burn & Earn

Burn & Earn 让你在永久锁定 LP 头寸的同时仍可赚取交易手续费。你将收到一个可转让的 NFT（Raydium Fee Key），代表你对未来收益率的索取权。

Burn & Earn 支持 **CPMM** 和 **CLMM** 个池。AMM v4（Hybrid AMM）不受支持。

**对于 CLMM 池：** 仅建议使用全范围头寸。一旦锁定，你将无法重新平衡——如果价格移出范围，你将永久停止赚取手续费。

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## 其运作方式 <a href="#how-it-works" id="how-it-works"></a>

从技术上讲，LP 代币和头寸 NFT 是 **锁定**，而不是销毁。流动性会永久保留在池中，但你仍保留通过 Raydium Fee Key NFT 领取手续费的权利。

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### 锁定头寸 <a href="#locking-a-position" id="locking-a-position"></a>

1. 创建一个 CPMM 池或具有全范围头寸的 CLMM 池
2. 导航到 Liquidity → 点击“Create” → 选择“Burn & Earn”

<figure><img src="https://docs.raydium.io/raydium/~gitbook/image?url=https%3A%2F%2F4071094211-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F-MT-qzD26DX_h6l_vXaA-887967055%252Fuploads%252FFa2armQrlqGDdSud7NeI%252FBurn.gif%3Falt%3Dmedia%26token%3Da1ea6930-839a-4c9b-b569-0429d8b54baa&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=30c21e6c&#x26;sv=2" alt="" width="563"><figcaption></figcaption></figure>

1. 选择你想要锁定的头寸
2. 验证头寸详情（NFT 地址、头寸规模、池）并输入确认句子

在确认前请再次核对头寸详情。一旦锁定，流动性将无法取回。

1. 点击“Confirm, lock the liquidity permanently”

<figure><img src="https://docs.raydium.io/raydium/~gitbook/image?url=https%3A%2F%2F4071094211-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F-MT-qzD26DX_h6l_vXaA-887967055%252Fuploads%252FuWnW0yQJlJvLmBHrQGHV%252FCapture%2520d%25E2%2580%2599e%25CC%2581cran%25202024-09-04%2520a%25CC%2580%252014.00.13.png%3Falt%3Dmedia%26token%3D3b946dd3-2b33-4aa5-a0ab-e2563d3f0eee&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=66be044a&#x26;sv=2" alt="" width="563"><figcaption></figcaption></figure>

<figure><img src="https://docs.raydium.io/raydium/~gitbook/image?url=https%3A%2F%2F4071094211-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F-MT-qzD26DX_h6l_vXaA-887967055%252Fuploads%252Fa38LiAcy9EeNobQDEXGt%252FCapture%2520d%25E2%2580%2599e%25CC%2581cran%25202024-09-04%2520a%25CC%2580%252014.07.31.png%3Falt%3Dmedia%26token%3Ddfec1cf6-ffc6-40ce-9cab-b05474274202&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=601a5a52&#x26;sv=2" alt="" width="375"><figcaption></figcaption></figure>

你将收到一个 **Raydium Fee Key** NFT，代表你对已锁定头寸交易手续费的索取权。

<figure><img src="https://docs.raydium.io/raydium/~gitbook/image?url=https%3A%2F%2F4071094211-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F-MT-qzD26DX_h6l_vXaA-887967055%252Fuploads%252F2oSRZUmsxMpB69Tm7z7b%252Funnamed.png%3Falt%3Dmedia%26token%3D3f7a03f1-38fc-4e19-bc5a-3bd1964ef951&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=d29eb9e&#x26;sv=2" alt=""><figcaption><p>Raydium Fee Key</p></figcaption></figure>

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### 领取手续费 <a href="#claiming-fees" id="claiming-fees"></a>

锁定的头寸会显示在你的 [Portfolio page](https://raydium.io/portfolio/) 上，与标准头寸并列。领取累计手续费的方式与其他头寸相同。

Fee Key NFT 可转让——如果被出售或转移，新持有人将获得领取手续费的权利。

<figure><img src="https://docs.raydium.io/raydium/~gitbook/image?url=https%3A%2F%2F4071094211-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F-MT-qzD26DX_h6l_vXaA-887967055%252Fuploads%252FHOUyEoysaFJ16dl3Bavx%252FCapture%2520d%25E2%2580%2599e%25CC%2581cran%25202024-09-04%2520a%25CC%2580%252014.12.53.png%3Falt%3Dmedia%26token%3D27583f53-e033-4551-9450-4fac6fde46c8&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=97bfa180&#x26;sv=2" alt="" width="563"><figcaption></figcaption></figure>

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### 查看锁定的流动性 <a href="#viewing-locked-liquidity" id="viewing-locked-liquidity"></a>

liquidity 页面会显示每个池的锁定流动性百分比。

**API access:**

```
https://api-v3.raydium.io/pools/info/list?poolType=standard&poolSortField=default&sortType=desc&pageSize=1&page=1
```

响应包括：

```json
"burnPercent": 99.17,
```

{% hint style="warning" %}
Raydium APIs 是公开的。第三方平台可能独立索引这些数据——Raydium 不对外部平台如何展示锁定流动性信息负责。
{% endhint %}
