Pool day today. I’ve seen a lot of conflicting takes on the timeline, so I wanted to share my thoughts on the @pools_dot_fun launch, the Robinhood Chain ecosystem, and, of course, what all of this means for @SushiSwap. Launchpads have become a vibrant and critical part of DeFi infrastructure. They’re the birthplace of some of the best communities in crypto. As an AMM, Sushi ultimately depends heavily on launchpads to attract liquidity and novel token pairs. For a while, Sushi prioritized our best-in-class aggregation stack, deep partnerships with network partners, perps, and other business lines that weren’t as AMM-focused. Much of that relative neglect was also because launchpads haven’t been particularly active on EVM networks amid Solana’s dominance over the past few years. When I heard about Robinhood Chain, I was incredibly excited. As an investor in and shareholder of HOOD, I have deep conviction in Vlad and the entire Robinhood team. Their focus on product velocity and the democratization of finance is closely aligned with DeFi, and with how I think about the future of financial markets. When Sushi launched on Robinhood Chain, we arrived a bit late. The incumbent already had hundreds of millions in TVL and had effectively been anointed the winner. But we saw Robinhood Chain as too important an opportunity to ignore. The communities were too strong, the memes were too funny, the RWA infrastructure was credible and robust, and the builder ecosystem was second to none. To win market share, we put the full force of our team behind building on Robinhood Chain. In just four days, we designed, developed, and shipped Sushi Launch, a native launch layer on Robinhood Chain that generated more than $50 million in volume during its first two weeks. During that time, many launchpad discussions took place, and we were fortunate to align with @0xDeployer and @bankrbot on a long-term partnership. As the AMM and liquidity layer for Pools, Sushi will be able to grow liquidity and volume while helping builders and ecosystems scale on Sushi’s infrastructure. This is an amazing opportunity for Sushi as a protocol, and I couldn’t be more excited. Now, for everyone asking what will happen to Sushi Launch: We’re fortunate to have great partners in @0xDeployer and the Bankr team. They plan to include all Sushi Launch ecosystem projects in Pools’ incentive program and novel tokenomics structure. Pools and Sushi Launch will both continue to exist, with Sushi aggregating all Pools launches at Sushi.com/Launch. The Pools team also plans to surface Sushi Launch tokens in its UI. But today is Pools’ day. We’re thrilled to support this novel launch infrastructure and design, with Sushi V3 serving as the underlying liquidity layer. The communities, utility projects, and others that have launched or approached us over the past few weeks have been incredible, especially all the cat memes. At Sushi, our goal is simple: to become the global liquidity and execution layer for DeFi. AMMs. Routing. Trading. Cross-chain. Launches. Perps. And more, all from Sushi.com. The journey on Robinhood Chain is just getting started. We have so much exciting work cooking, and I can’t wait to share more soon. Happy Pool Day. Sushi will win. 🥢🍣