> For the complete documentation index, see [llms.txt](https://docs.firstledger.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.firstledger.net/first-ledger-faq/3.-what-does-it-mean-when-a-project-removes-liquidity.md).

# 3. What does it mean when a project removes liquidity?

When a token is first released, the creator puts his own money to make the initial liquidity pool. Once the token is live and people start buying (adding more liquidity to the pool), the token creator removes the liquidity, taking all the money out of the pool.


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