@NftDavido@MeteoraAG At no time did Meteora or myself had control of the supply at launch. The first time we had a supply of tokens was when we received teh 25% grant into the multisig.
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.
Hey everyone, I want to clear up some things.
The Meteora team was not involved in the deploy, the market making, or determining the launch of $LIBRA.
The $LIBRA team used Meteora, which is a permission-less platform. We never had any access to the tokens or to Milei.
Many teams create Meteora pools via CLI/SDK/CPI and there are a lot of configuration options, so we do regularly help a lot of them with using our tech.
We will share more as we learn more.
This is great, let me add a recent observation:
I think many teams think it’s their job to have answers when challenged by their community.
I regularly get questions like when TGE?
When I don’t know I just say: I don’t know. Or that’s a good question, let’s figure it out together. What do you think?
A lot of the great progress you see in Meteora was born out of community discussions that started with I don’t know.
founder-led marketing tip
reframe how you think about posting content
do not think "creating" — instead think "making an observation"
as you build your product and your company, you will make many observations about your market, product, customers, data, legal, VCs, conferences, mgmt style, hiring, and so on
you don't have to "create" content, you can simply do your job and then share these observations as they happen
if you then don't psyops yourself into sounding like a corporate robot and you share these observations by just using your own natural voice (like how you speak in a convo with friends) — that's basically all you need
a writer is basically just a professional observer
All things Meteora are heating up! We've received the 25% grant from the @WEAREM3M3_ team 🔥
The grant will be held in a multisig held by the Meteora team: B96rMexk4Ur39nuWKc3gr1ruE2iKPaJyW66VJqdztuGm
We're working with them on some airdrops that will:
- Utilize the upcoming (3,3) scoring
- grow the M3M3 community of pumpers that include the LP army, $M3M3 holders, potentially the JUP DAO, and more
- Give back to the Solana community in more unique ways.
PPP is here.
@Shishir42069@MeteoraAG I will talk to everyone and address it. This should not be the case.
I'm hoping this is just the fact that a lot of people have been heading to Jupiter's catstanbul, but, if not we'll make some changes to improve it for you and anyone else who is new.
Hey LP Army, in about 30 minutes we'll kick off our community call. A few things topics to discuss:
* The LFG TGE Tech Stack and this new token meta
* Integrator introductions and announcements
* Catstanbul
@abstractxbt@MeteoraAG We do have time locked lp for these DLMM launch pools. They can be configured at launch. I don’t think other tools pick up that config yet.
If this weekend proved anything, it is that decentralized listings are the future.
With @MeteoraAG@JupiterExchange@moonshot you get liquidity distribution + defi distribution + retail distribution.
And you will be able to participate permissionlessly as creators, lps, traders.