Understanding Locked Liquidity in Crypto Presales
What does locked liquidity refer to in crypto presales?
In crypto presales, locked liquidity signifies a fraction of tokens that are secured in a smart contract for a set duration. This mechanism ensures that the liquidity cannot be withdrawn or sold off. It’s important as it works against sudden liquidity withdrawals, often referred to as “rug pulls”, which can compromise a project’s stability and result in substantial losses for investors and employees.
Why is locked liquidity essential for payroll systems using crypto?
Locked liquidity helps stabilize token prices, thereby reducing volatility and minimizing slippage. For payroll tokens, this is crucial as it allows employees to trade their tokens for fiat or stablecoins without…
