2.2 Black Hole Mechanism and the Thermodynamic Death of LP Tokens

Concept: The black hole address 0x00...dEaD/ (0x00...0000) is an address that no one can access or own a private key. Sending an LP Token to this address means that its ownership is permanently relinquished.

Let be the total amount of LP Tokens in circulation at time t.The burn generated by each transaction is.

Therefore , is a monotone decreasing sequence.

Economic significance: LP Tokens serve as ownership certificates for pool assets. Destroying LP Tokens establishes a permanent, non-revocable mechanism to transfer partial pool asset ownership from humans (carbon-based) to smart contracts (silicon-based). This embodies the survival principle that 'liquidity is life-sustaining oxygen.'