Nexus Docs
  • Introduction to Nexus
    • What is Nexus?
    • Welcome Info
    • Key Features of Nexus
  • LBP Overview
    • What is Liquidity Bootstrapping Pool?
    • Mechanics of LBP
    • Nexus LBP Benefit
  • Roles and Responsibilities
    • Participant
      • How to Participate in LBP
      • Liquidity Lock
      • Token Vesting
      • Rewards and Risks
      • Do's and Don'ts for LBP Participants
    • Creator
      • Creating an LBP
      • Closing and Cancellation of LBP
      • Liquidity Lock
      • Token Vesting
      • Tips and Best Practices for LBP Creators
    • Arbiter
      • Role Overview
      • Arbitering an LBP
    • Arbitrated vs. Unarbitrated LBPs
      • For Participants
      • For Creators
      • Advantages of Arbitrated Projects
    • Referral Program
    • FAQs
  • Fee Structure
    • Platform Fee
    • Swap Fees
  • Community
    • Roadmap
    • Community and Support
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  1. Roles and Responsibilities
  2. Creator

Closing and Cancellation of LBP

Once the LBP is scheduled, there is a possibility of canceling it until the start date and time.

PreviousCreating an LBPNextLiquidity Lock

Once the LBP ends, you'll be asked to 'Close LBP'. This step is mandatory to withdraw the liquidity from the LBP.

Then, the collateral tokens earned by the LBP creator are automatically distributed to the wallet used to schedule the LBP. The LBP tokens will then become available for the participants to redeem.

❗️In the case of a hard-capped LBP, the close event could be initiated only by the LBP creator or users with whitelisted wallets.