How Can a Time-Lock Smart Contract Be Used to Prevent the Immediate Withdrawal of LP Tokens? ▴ Learn

How Can a Time-Lock Smart Contract Be Used to Prevent the Immediate Withdrawal of LP Tokens?

A time-lock contract is a specialized smart contract designed to hold assets, such as LP tokens, for a fixed period. The contract is deployed with a pre-set release date.

Once the LP tokens are transferred into it, the contract's code prevents any withdrawal function from being executed until the specified time has elapsed. This hard-coded delay makes it impossible for developers to drain the liquidity pool before the lock expires.

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