Deep Freezers provide a smart contract vault for project owners and developers to lock up some initial liquidity (Quipuswap LP token) for a specified period of time. During the lock up period, the tokens cannot be transferred and cannot be withdrawn from the liquidity pool.
A Deep Freezer owner may transfer ownership of the vault to someone else. But nobody may withdraw the LP tokens until the lock up period ends.
To create a Deep Freezer Crunchy charges a flat fee + % of LP tokens locked
. You may choose to burn more CRNCHY in exchange for a lower % fee.
Flat Fee | % of LP tokens Locked |
---|---|
10,000 CRNCHY | 1.5% |
50,000 CRNCHY | 1.0% |
100,000 CRNCHY | 0.5% |
500,000 CRNCHY | 0% |