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Meteora co-founder: Kelsier was recommended to the team behind MELANIA, but never purchased, received or managed MELANIA, LIBRA and other tokens
2025-02-17 05:00

Odaily News Meteora co-founder Ben Chow once again published an article on X to respond to questions about LIBRA.
Ben Chow said: "Meteora and I personally have never privately received or managed any tokens, nor have we participated in any off-chain transactions. We maintain the highest level of confidentiality for any token launch on the platform. For confidentiality reasons, only a very small number of people within Meteora have access to the launch information. Usually, only I know the launch time, and the token/pool address will only be provided to me and one or two on-duty engineers (if any) a few minutes before the launch."
“Due to the complexity of DLMM, non-crypto native users (e.g. celebrities, politicians, etc.) who want to launch tokens often need to hire deployers and/or market makers. We do not provide these services, but issuers often ask me for recommendations on deployers and/or market makers. Hayden Davis of Kelsier Ventures is one of the deployers/market makers I have recommended to projects in the past few months. We do not have a special relationship with Kelsier, but we have worked with them when M3M3 was launched. In that cooperation, they seemed trustworthy, so I have recommended them to a number of projects, including the team behind MELANIA. As with other projects, our role is limited to technical support, and we have not purchased, received or managed any tokens related to MELANIA.”
“For LIBRA, although we learned about its possibility through Hayden a few weeks ago, we are not involved in the project other than providing IT support. Neither I nor the Meteora team have compromised the launch of LIBRA by leaking information, nor have we purchased, received or managed any tokens.”