$STONK
One of our best trades of the year since we got in this at $7mm MC and bought some more at $19mm MC
Once the updated launchpad dynamics go live, this will giga send past $50mm
StonkFun Updates:
We are finalizing some things regarding our LaunchLab integration and looking to get it out to everyone as soon as possible.
Our full focus over the last week has been on this integration, and it has required a lot of work, such as:
- Raydium program updates to support custom quotes & reward coins
- Aggregator & terminal support for LaunchLab custom quotes and routing
- Handling pre-bonding rewards and distributions
And more
In simple terms: Every aggregator, terminal, and Raydium itself had to make changes just to support what StonkFun is building.
LaunchLab will allow for:
- Permissionless deployments
- Deploy fees of 0.03 SOL compared to 0.29 SOL
- Bonding curves
- CPMM pools (traditional AMM)
- LP fees for compounding liquidity
- Increased deployments, potential volume and more.
We have also spent a lot of time improving our backend and infra for further scale.
Once we finish this integration, the focus will be on:
- Reward distributions through an on-chain distributor
- New listings
- Mobile & frontend redesign + docs
- New features and more
Key Metrics:
- $1,214,778 revenue
- $705,398 of solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx buybacks & burns
- 105.06M solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx burned
- $219,148,690 @Raydium volume
- $392,624,403 total volume
- $68,199 bought back & burned of the top 10 ecosystem coins
- $5,352,990 in rewards distributed
Launch coins. Paired with anything.
It will happen quickly.
A ton of similarities between the two $PONS $STONK
Everything’s been happening on RH the last month but it’s time for @LaunchOnSF to catch up.