Hypothetical Q: Is it possible to launch a token in a COMPLETELY decentralized way?

The standard procedure is to mint a token’s supply to a specific address (the owner), after which they distribute it however they like and add liquidity. However, this requires a significant amount of trust in that person.

Is there a better, more decentralized way of doing this? For ex, would it be possible to launch a token and supply liquidity for it without ever concentrating the entire supply in a wallet owned by a single individual?

The closest way to doing this I can think of would be making a bot that instantly claims all the tokens from a smart contract with no owner, supplies those tokens and some ETH to Uniswap, then sends the Uni LP tokens to the burn address. But this way just seems less than ideal and adds complexity where it isnt needed. Any thoughts here?