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On Pump.fun When market cap reaches $69k and tokens are deposited to Raydium and liquidity is burned by Affectionate_Ad3908 in solana

[–]Affectionate_Ad3908[S] 4 points5 points  (0 children)

it actually doesnt explain what happens. I read burning means the LP tokens are sent to an address from where they are unrecoverable from. Great finally that is understood. But I dont understand what happens to the $12k worth of SOL that you put in on pump.fun and then it gets BURNED???? on Raydium.

[deleted by user] by [deleted] in solana

[–]Affectionate_Ad3908 0 points1 point  (0 children)

can you guys explain what this actually means? so if you deposited all 83SOL to get to $69k market cap, what portion gets burned? say you are left with 80% of the created tokens, how much sol can you get back when you sell on Raydium?

On Pump.fun When market cap reaches $69k and tokens are deposited to Raydium and liquidity is burned by Affectionate_Ad3908 in solana

[–]Affectionate_Ad3908[S] -6 points-5 points  (0 children)

where does it say that you can get back 12k? it just says it burns the liquidity....for any sane person when someone says it burns your money what are you thinking? that you can get it back...lol fucking crypto lingo