PANews reports on April 16th that according to Raydium's announcement, it has officially launched the token issuance platform LaunchLab, supporting creators to quickly list tokens through the JustSendIt mode, with automatic migration to AMM upon reaching 85 SOL liquidity. LaunchLab provides customizable options for token supply settings, distribution curves, vesting periods, and allows selecting 10% transaction fee sharing. The platform's transaction fee is 1%, with 50% going to the community pool, 25% used for $RAY buyback, and 25% allocated to project infrastructure and operations.
Raydium launches LaunchLab token issuance platform, 25% of transaction fees used for RAY repurchase
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