🚀【Raydium Launches Token Launch Platform “LaunchLab”】
On April 16, Raydium unveiled LaunchLab, a token launch platform for creators, developers, and communities.
💡 Powered by “JustSendIt” launch mode
💰 Initial raise: 85 SOL
🔁 Liquidity instantly seeded into Raydium AMM
✅ On-chain token creation, no migration fees, no permission review
📊 Fee structure for LaunchLab UI:
▫️1% base fee
▪️50% to community pool (creators + traders)
▪️25% to $RAY buybacks
▪️25% to project ops & infra
