What does “Rug Pull” mean? Many people can’t explain it!
If the deployer still holds the LP tokens and hasn’t locked or burned them, they can withdraw the funds from the pool at any time.
Locking or burning LP tokens and renouncing contract permissions can only rule out some of the ways a deployer could tamper with the contract; they can’t stop early holders from dumping their tokens on the secondary market.
Don’t rush into a trade just because everyone else is doing it.
$PEPE 0.0₅501(+2.66%)
#PEPE
If the deployer still holds the LP tokens and hasn’t locked or burned them, they can withdraw the funds from the pool at any time.
Locking or burning LP tokens and renouncing contract permissions can only rule out some of the ways a deployer could tamper with the contract; they can’t stop early holders from dumping their tokens on the secondary market.
Don’t rush into a trade just because everyone else is doing it.
$PEPE 0.0₅501(+2.66%)
#PEPE