Unicrypt Vs. DeepLock Vs. DYP Locker: Who's The Best Liquidity Locker in 2021?
Too Long; Didn't Read
Exit scams and rug pulls in the DeFi space have increasingly become a subject of concern. Last year alone, DeFi rug pulls accounted for 99% of all $1.9 billion crypto frauds in 2020. DeFi100 pulled a $32 million exit scam leaving investors counting enormous losses. Liquidity Lockers allow developers to lock their liquidity on Automated Market Makers (AMM) for a predetermined period such as 12 months or even implement combinations allowing the coin owner to withdraw a certain percentage of the locked tokens every month.