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2026 and you still learned nothing.
HOW TOKENS WORK FOR IDIOTS
LIQUIDITY POOLS EXPLAINED
When you burn LP tokens on a Raydium pool , you permanently remove your claim to the underlying liquidity.
The assets stay locked in the pool FOREVER, making the liquidity "burned" or immutable. This is a common practice to build TRUST and prevent rugs.
Where do the trading fees go?😏
Swap fees continue to accrue to the pool vaults. They increase the total value of the pool's liquidity over time (growing TVL). 😃
However:
NO ONE can claim the fees 😢 attributable to the burned LP portion. Since the LP tokens are burned, there is no holder or Fee Key NFT to collect that share. 🤯
Those fees effectively benefit the remaining liquidity providers by making their LP tokens more valuable.🥱
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