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Oh, great. Another “game-changer” from Raydium. 🎉 They’re launching something called “LaunchLab.” Why? Because apparently, we needed yet another way for people to create tokens. Tokens! You know, those things everyone loses their shirt on anyway. Sure, it’s “like Pump.fun,” but now it has *bonding curves*. Bonding. Curves. Sounds like a bad gym membership plan. 💪📉
So, here’s the deal: LaunchLab offers three “super fancy” pricing curves—linear, exponential, and logarithmic. Yeah, they’re just throwing math terms at you now. 🤓 Token creators will supposedly get more control. Sure, like that’s gonna make a huge difference when the whole market’s tanking anyway. And guess what? Third-party UIs can set fees now. Just perfect. MORE fees. 🙄
Oh, but wait! The plot thickens. Turns out this whole thing was paused because they “didn’t want to compete” with anyone. But then Pump.fun decided to get their own AMM (Automated Market Maker for those of you not in the acronym game). And boom! Raydium flips the switch on LaunchLab again. Because, you know, competition. That old chestnut. 🤷♂️
Here’s the kicker: Pump.fun tokens make up 41% of Raydium’s revenue. FORTY-ONE PERCENT. 😂 If Pump.fun ditches Raydium, they’re looking at losing 35% of their revenue. No wonder these guys are sweating bullets. And, shocker, their token, RAY, took a 25% nosedive in February. But hey, good news! It “surged” 16% after. Oh joy, it’s still down like a rock but not a boulder. 🎢
At the end of the day, LaunchLab is supposed to “help” creators who don’t want to start from scratch. And there’s this whole big promise of supporting non-Solana tokens too. Okay, great. More options. More tokens I’ll forget about in two weeks. Am I excited? Sure, about as excited as I am for a colonoscopy. 🤦♂️
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2025-03-19 19:01