Raydium launches token issuance platform LaunchLab, with 25% repurchase at RAY

PANews reported on April 16 that according to Raydium's announcement, it officially launched the token issuance platform LaunchLab, which supports creators to quickly launch tokens through the JustSendIt mode, reaching 85 SOL liquidity and automatically migrating to AMM. LaunchLab provides custom options such as token supply settings, distribution curves, and vesting periods, and can choose to get a 10% transaction fee share. The platform transaction fee is 1%, of which 50% belongs to the community pool, 25% is used for $RAY repurchase, and 25% is used for project infrastructure and operations.