Hayden Davis reveals that TRUMP insiders were granted special access to purchase Libra tokens early. What does this mean for the crypto landscape? Tune in for an insightful overview. #cryptonews#Libra#DonaldTrump
There have been questions regarding Meteora and my involvement in $LIBRA, so I want to explain our role and share why we work with 3rd parties.
Meteora and I personally, have never received or managed any tokens on the side, do not receive knowledge or get involved with any offchain dealings, and we keep to the highest levels of confidentiality for any token launch happening on our platform.
To maintain the high levels of confidentiality, very few people in Meteora have access to any launch information. Often, the launch time is only known by me and the token/pool address is only given to me and an on-call engineer or two a few minutes before an actual launch, if at all.
Meteora’s DLMM and Dynamic AMM is a complex permissionless system with an incredible number of configuration options for teams looking to launch with it. There are various ways to lock liquidity, assign custody, design liquidity curves, and different ways to combat snipers including using our Alpha Vault. I often personally provide tech support for launches to help teams navigate the product. Mistakes can seriously impact a launch and it’s important to Meteora to help teams by configuring the product correctly.
We recognize that the complexity of the DLMM and the need to hand hold teams through its use is a problem. One mistake was not prioritizing a launch product so that teams would not need to rely on hand-holding to be successful.
When non-crypto natives (e.g. celebrities, politicians, etc.) want to launch a token, they typically need to hire a “deployer” and/or market-maker, which is a service we do not provide. These deployer teams are typically experts in using Meteora’s SDK or CLI and can design more sophisticated launches, as our tech allows for tons of customization. In the past, if a project did not have those resources, they would often ask me for deployer and/or market-making referrals.
Hayden Davis of Kelsier Ventures is one of the deployer/market makers that I have referred projects to over the past few months. There was nothing exclusive or unique about our relationship with Kelsier.
When we launched our new memecoin AMM platform in December 2024, I asked Hayden and Kelsier Ventures if they would be interested in launching a token on the M3M3 platform in order to provide an initial case study on how it worked. And, while they deployed and launched M3M3 on their own, post-launch we decided on a new set of tokenomics and facilitated a grant for the Meteora community as well as to establish a long-term foundation for M3M3.
After this successful, if somewhat challenging launch, they appeared to be trustworthy and I referred them to a handful of other projects that had inquired with us about deployer firms, which included the team behind $MELANIA. As with other projects, our role was limited to IT support and the tech we built for token launches. Like with any other unaffiliated token that lives on Meteora, we did not purchase, receive or manage any tokens on the side related to $MELANIA.
For $LIBRA, although we were made aware of the possibility of it several weeks ago by Hayden, we had no involvement in the project at all beyond providing IT support, including commenting on the liquidity curve and helping verify the token’s authenticity after the token was publicly launched.
Neither I nor the Meteora team compromised the $LIBRA launch by leaking information, nor did we purchase, receive, or manage any tokens.
I hope this clarifies what we do and how we have interacted with teams looking to launch major tokens on Meteora.
I’ll be here to answer any questions you have.
Broccoli's Story
A year and a half ago, I casually chatted with a friend who owned a (real) zoo in Dubai. Curious, I asked what dog breed is adapted to the Dubai summer heat. I had no plans to get a dog.
Later that evening, my doorbell rang, and a young Belgian Malinois showed up, with his own passport, courtesy of the zoo friend.
I wanted a name that starts with B and has some green in it, so I named him Broccoli. It also has a blocky sound, as in blockiichain. Can't get away from crypto, haha.
Broccoli's passport says he was 3 months old, but a vet said he was more like 11 months old, given how his teeth have grown.
Regardless of age, Broccoli bonded with me quickly.
Broccoli (like me) was not properly socialized. He doesn't socialize with other dogs much. (Like me) Broccoli is scared of everything. If you throw a ball at him, instead of chasing it, he runs away like a plague. On top of that, (unlike me) Broccoli was not toilet trained, so there was dog piss and poo all over the place.
Broccoli has lots of energy. Walking doesn't drain enough of his energy, so I bought a $200 bicycle from Amazon to “walk” him. He jogged for an hour (15km) on the first run without stopping. His stamina is impressive.
These hour-long bike rides provided a good break for me from the intense negotiations with the DOJ back then.
After being away for almost a year, Broccoli remembers me well and always wanted me to pat his head.
Broccoli is a strong and confident dog now.
If you had asked me before last night, I would never have imagined that Broccoli would be part of the blockchain ecosystem. But here we are. There is never a dull day in crypto.
I am just posting my dog's picture and name. I am NOT issuing a meme coin myself. It's up to the community to do that (or not). I will likely interact with a few of the more popular meme coins on BNB Chain (BSC).
The BNB Foundation may provide rewards for the top memes on the BNB Chain, giving LP support or other rewards. The details are still being discussed. More to come.
Pictures: Broccoli 18 months ago, his teeth 18 months ago, and today.
The U.S. cannot sit on the sidelines and allow other nations to create a regulatory framework for stablecoins. Proud to partner with @SenatorHagerty, @SenGillibrand, and @SenatorTimScott to install commonsense regulations that protect consumers and promote innovation.
1/ Over the past few months I imagine you have seen many Coinbase users complain on X about their accounts suddenly being restricted.
This is the result of aggressive risk models and Coinbase’s failure to stop its users losing $300M+ per year to social engineering scams.
I keep my promises, so:
The $25 - $1,000,000 challenge continues.
Every move, every call—posted live!
Already 6k participants, but it's not enough.
If you're in:
• Like & Retweet
• Comment 'I'm in'
16 trades to $1M+
*Only for followers.
As I promised:
50 SOL giveaway starts NOW!
Sending SOL in the comments right now.
If you're in:
• Like & Retweet
• Drop your SOL wallet
Only for followers.
Virtuals is Expanding to @solana!
We are beyond excited to announce Virtuals' expansion to Solana, marking a significant step in our journey to empower builders and drive innovation across multiple ecosystems. Solana, known for its speed, scalability, and vibrant community, is the perfect place for us to grow and bring our vision to life.
Here’s what this means for the Virtuals Nation:
🔹Meteora Pool Launch: We’re introducing our very own Meteora Pool on Solana, opening up new opportunities for trading and engagement.
🔹Strategic SOL Reserve (SSR): 1% of trading fees will be converted to SOL, creating a dedicated reserve to support and reward agents and creators within our ecosystem.
🔹Base Pair Consistency: The AGENT/VIRTUAL trading pair you know and love will remain consistent on Solana, ensuring a seamless user experience.
But we’re not stopping there. We’re doubling down on our commitment to empower builders and creators in the Base and Solana ecosystem with the launch of our Venture Partner Model:
🔷Grants of 42K $VIRTUAL tokens for projects based on Base and Solana. This initiative is designed to help early-stage builders get on their feet and scale their ideas.
To further inspire innovation, we’re hosting the Virtuals AI Hackathon this March, with technical support and mentorship provided by the @SolanaFndn. This event will bring together some of the brightest minds in the space to build, collaborate, and create groundbreaking solutions.
Virtuals joining the Solana ecosystem is not just an expansion—it’s the beginning of a new chapter. We’re here to create value, empower builders, and grow the Virtuals Nation to new heights.
A special shoutout to the incredible teams at @JupiterExchange and @LayerZero_Core, who worked tirelessly with us day and night to make this expansion a reality. Your dedication and collaboration were instrumental in bringing Virtuals to Solana, and we couldn’t have done it without you.
The future is multichain, and we’re leading the charge. Let’s build the future together.