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The founder of Solayer claims to have lost 2 million dollars on LIBRA and plans to retaliate against the KIP protocol.

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PANews
250Words
Feb 15, 2025

Solayer founder Shao Chaofan claimed that he and Solayer engineer @tonykebot lost over 2 million USD on LIBRA and plan to retaliate against the KIP protocol. On February 15, PANews reported this news, with Shao Chaofan stating on Twitter: "Let's see what two hackers and a free weekend can bring us." He also attached a photo of the core members of the KIP protocol. Previously, on February 7, Solayer announced the economics of the LAYER token: a maximum supply of 1 billion, of which 51.23% is allocated to the community and ecosystem.

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