Launchpad Protocol

$RAY token's narrative centers on an ordinary guy named Ray who just wanted a peaceful retirement but got featured on BBC and now eyeing Oscars.

$RAY is bullish

$BORT The part of BORT I like most is the custody design. Putting funds in each agent’s ERC-6551 wallet, with capped, expiring, revocable spend grants, means the worst case is bounded by what the owner granted. My question is about the layer those caps don’t cover. Hunter agents read signals from public Telegram groups and X, then trade on them, a pump group or a coordinated account can post a “signal” written to push a model into buying a token. So what sits between a scraped signal and an executed trade?

Is there a minimum liquidity or holder-distribution check before a buy?

Is there a per-token position cap that’s separate from the overall spend cap?

Can an owner require manual approval above a set size?

The docs say a third-party audit hasn’t been published yet. I appreciate that honesty. When it happens, I’d like the scope to cover the runtime and signal-handling logic, since that’s where most of the risk is.

The $RAY token, from the Raydium DEX on Solana, has pushed its market cap to $1.07B. Recent action saw $RAY gain 13.27% over the last month and a remarkable 185.01% in the last three months, though the last week saw a 9.65% bleed. This strong upward momentum for $RAY followed renewed interest in Solana's DeFi ecosystem, with significant liquidity flowing back to its native applications after a period of contraction.

Raydium operates as an AMM and liquidity provider, with its value proposition tied to the volume of trades and the capital deployed within its pools. The current $RAY price sits at $1.9295986634735314. The recent boost in $RAY appears driven by a resurgence of activity on Solana, attracting capital to its core infrastructure, which benefits venues like Raydium directly.

My call on $RAY would be wrong if the general liquidity inflow to Solana-based DeFi stalls or reverses, or if Raydium's share of that capital begins to erode in favor of other venues. We are watching where the money goes when it stops.

$RAY LaunchLab's creator-fee docs need a version check. The 'LaunchLab creator fees' page says the default post-migration split gives the creator a 10% Fee Key NFT. But 'How creator fees work' says migrations after the 2026-08-17 upgrade combine creatorScale with platformScale into a platform-owned locked-LP share. The migration instruction docs describe the same change.

That's a meaningful difference for someone estimating what they can earn from a launch. LP-fee rights and CPMM creator fees aren't the same thing.

Could you mark the older explanation as pre-upgrade and link it to the current flow? A before/after table showing the fee type, recipient, claim method and applicable migration date would help. It should also explain when platform_cp_creator replaces the launch creator as the CPMM fee recipient.

https://docs.raydium.io/products/launchlab/creator-fees

https://docs.raydium.io/user-flows/how-creator-fees-work

https://docs.raydium.io/products/launchlab/instructions