LP not burned or locked
The pool has a back door until the LP is gone.
The pool has a back door. When liquidity is added, the creator gets LP tokens. Hold them and the SOL can be withdrawn at any moment. Burned or locked closes the door.
One click. Pool empty. The creator redeems the LP tokens and the SOL leaves the pool. Your tokens still exist. There is nothing to sell them into.
Burned beats locked. Burned LP can never be withdrawn. Locked LP is safe until the lock ends, so check the date. Unlocked is a promise, not a lock.
Big cap, tiny exit. Even with a lock, liquidity under 10% of market cap means one seller moves the price a lot.
The 30-second check. LP burned or locked, and until when. Who holds the LP tokens. Liquidity over 10% of market cap. Lock or burn note on the pair page
What can they do?
Quick check.
Spot the open lock before the pull. A practice coin, set up like a real one. Buy, skip, or sell in time.
LP not burned or locked · 3 min
The pool has a back door.
When liquidity is added, the creator gets LP tokens. Hold them and the SOL can be withdrawn at any moment. Burned or locked closes the door.
Go deeper
Adding liquidity to a pool gives the creator LP tokens that represent their share of it. Redeeming them returns the SOL. Burning the LP tokens makes that impossible forever. Locking them makes it impossible until a date, so the date matters. Launchpad migrations usually burn LP automatically; pools made by hand often do not.