PANews reported on April 16 that Raydium has officially launched its token issuance platform LaunchLab, which supports creators to quickly launch tokens through the JustSendIt model, and automatically migrate to AMM when the liquidity reaches 85 SOL. LaunchLab provides customized options such as token supply settings, distribution curves, and vesting periods, and can choose to receive a 10% share of transaction fees. The platform transaction fee is 1%, of which 50% goes to the community pool, 25% is used for $RAY repurchase, and 25% is used for project infrastructure and operations.