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The Solayer team reveals the complex network of relationships behind the issuance of the $LIBRA token.

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#DeFi
$MELANIA
$LAYER
TechFlow
431Words
Feb 16, 2025

Chaofan Shou, a member of the Solayer team, released a relationship diagram regarding the LIBRA token issuance event and stated, "The on-chain data was referenced, and the community is welcome to point out any errors."


According to the diagram, a conspiracy group behind the scenes issued the LIBRA token through issuance advisor Hayden Mark Davis (Kelsier Ventures) and outsourced the market-making to an Indian company. Kelsier Ventures is also involved with the market makers and is associated with the tokens $MELANIA, ENRON, BOB, RAG, M3M3, and OGME, which are linked to the wife of former President Trump. Meanwhile, the main sponsor of LIBRA, KIP Protocol (founded by Julian Peh), facilitated connections with people close to Argentine President Milei, leading to a tweet promotion by Milei.


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