Need guidance on providing liquidity in Uniswap and then Locking Liquidity

Hello Folks,
When providing liquidity, Uniswap will ask you to create a trading pair. For example ETH>MyToken. How would someone determine the initial value of your token in ETH? Say my token has a max supply of 5 million? Then after creating the trading pair, how would you then lock the liquidity so that your investors would have confidence that there would be no rug pull.
Appreciate your insights!

The first one who adds the liquidity will decide the price.

Maybe the team should add enough large amount of liquidity, and then the team issued a statement, I am not sure.

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