So, what is a Sprouted launch? Pretty simple idea, it just took us a while to get the plumbing right. A token launches, people trade it, and part of that activity starts building a real perpetual position underneath it instead of everything just disappearing into fees and liquidity. Scherwode handles the token and launch side. The perpetual side is powered by @artificeSystems and settled on Hyperliquid (yes we will add support for other Perp dexs). A launch picks a market and direction — long ETH, short BTC, whatever. As the token trades, the Sprout grows. Once enough capital is there, it starts building the underlying position. If that position realizes profit, those profits can be used to buy back and burn the token. So basically: token trades → Sprout grows → perp position trades → profits buy back the token And this is just one launch type. We’ll keep adding weirder stuff too — on-chain baskets, cross-chain baskets, and other ways of deciding what actually sits underneath a token. Perps are just next.