It is considered rug pull proof because the developer burned all LP tokens after locking the total supply of tokens in a DEX.
Liquidity locked: No one, not even the developer, can withdraw funds from the pool 🔥
No risk of rug pull: Liquidity cannot be withdrawn, making investor exits safe 🚫
Fair prices: The price is based on market demand, not on developer control 📈
💡 Why it is safe
LP tokens prove ownership of liquidity. By burning them, the developer ensured that it remains locked forever, increasing trust 🔐.
🤔 Can others add liquidity?
Yes! Anyone can add/remove liquidity and earn fees 💸. Only the developer's LP tokens were burned for security.