IQ IP28: Permanent Liquidity Locking in ATP Pools to Prevent Rug Pulls

Summary

This proposal affirms that all liquidity in ATP pools for newly launched tokens is permanently locked by default and cannot be withdrawn by creators. By making this explicit, ATP protects users from rug pulls, ensures fee revenue for BrainDAO, and makes tokens launched on the platform more trustworthy. BrainDAO will not accept or implement proposals from tokenized agent teams that attempt to alter or remove this restriction.

Background

ATP monetization relies on trading fees, similar to other leading platforms. If liquidity could be withdrawn, creators could rug users, undermine fee generation, and damage ATP’s reputation.

Other platforms follow this same principle:

  • Pump.fun – LP tokens burned at graduation β†’ liquidity permanently locked.

  • Virtuals – Initial liquidity locked for 10 years.

  • DAOS.FUN – Creator’s initial LP is permanently locked at graduation.

  • Auto.fun – Bonding curve graduation sends LP to Raydium β†’ LP tokens burned β†’ liquidity locked.

Additionally, introducing flexibility to unlock or modify liquidity creates smart contract risk. To allow liquidity withdrawal, ATP would require upgrades or contract changes, which increase the attack surface for exploits and undermine the security guarantees that users rely on. Maintaining immutable liquidity is not only about protecting fees and preventing rugs β€” it is also the safest approach from a protocol security perspective.

Implementation

  • No technical changes are required. ATP contracts already enforce permanent liquidity locks by default.

  • This proposal makes it explicit that BrainDAO will not accept any proposals that attempt to remove, modify, or unlock liquidity in ATP pools.

  • By refusing such proposals, the DAO ensures it avoids introducing unnecessary contract complexity and exploit risk.

Benefits

  • Protects Fees – Trading fees remain the sustainable revenue stream for ATP and BrainDAO.

  • Prevents Rugs – Permanent locks ensure creators cannot pull liquidity after launch.

  • Reduces Risk – Avoids introducing new smart contract changes or attack vectors.

  • Boosts Trust – Reinforces ATP’s reputation as a safe and credible launch platform.

Conclusion

By formally committing to permanent liquidity locks, BrainDAO guarantees that ATP will remain aligned with industry best practices, safeguard users, and avoid unnecessary smart contract risks. This ensures trust, security, and sustainable fee revenue for the long-term health of the ecosystem.

Voting Options

  • YES – Affirm permanent liquidity locks to Prevent Rug Pulls

  • DO NOTHING

2 Likes

Every other agent or token launch platform requires liquidity to be locked - Virtuals, Pump.fun, ai16z’s auto.fun, daos.fun

They all require this. If ATP does not follow this standard it will be riskier and people will instead use safer platforms. This will harm the creators of tokens on ATP.

This is why the proposal is needed.

https://www.coingecko.com/learn/pump-fun-guide-how-to-create-your-own-memecoins

https://www.daos.fun/ (click how it works)

1 Like

I believe this proposal must be approved unconditionally for the growth of ATP. This is basically a guarantee that must be provided.

3 Likes

On a technical level, the best way to do prevent liquidity from being withdrawn via a proposal is to burn the initially generated fraxswap V2 LP tokens directly after the Agent Graduates. This way Agents can still deploy Agent held tokens via the proposal system.

I suggest considering adding the option for Agents to migrate their IQ liquidity into yield bearing AIQ liquidity upon Graduation, which will give Agents a revenue stream that can be distributed via proposals. Details here