Defi tuna, a Solana-based Defi protocol with concentrated liquidity, decided to return the financing of Cheese Ventures after the recent rollout of Libra Token. Cushier, which was discovered that it was the most important entity to spread Libra, was also a Venture Fund that supported three Crypto Startups supported by VC.
The effects of the Libra Meme -Tokschandaal spread to other projects in the Solana Ecosystem. The Defi-noise project, a Solana-based protocol, announced that it would return the financing of Cushier Ventures, secured at the end of January.
Defi tuna only accepted $ 30,000 from Celier, the VC Fund supported by Hayden Mark Davis. The startup decided to return the share while retaining the majority of the recent fundraising round.
Defituna accepted an investment of Celier with a size of $ 30,000 that Kelsier placed as the 2nd smallest investor in Defituna in January 16, 2025.
When discovering the Kelsier activities, we reimbursed Cutier and broke all tires.
– Dhirk 🦣 (@cavemandhirk) 17 February 2025
The relatively small share is still an important gesture for Defi -tuna, to reject the influence of Davis in the ecosystem. The announcement comes after suspicions that Davis was too involved In other Solana projects, with signs of being linked to making insider wallets and price manipulation.
Davis has received mixed reactions among Solana traders. For some he understood the value of crypto and produced risky scams. For others he tries to be honest and to rescue Libra with liquidity injections. The scales token is now trying a recovery, because influencers start to enter the trade again and possibly raise the hype again.
Defi -Tonline remains unaffected by the turbulence of Solana
The operation Defi tuna are not influenced by the Solana turbulence or the meme market. The protocol, together with Kamino, is growing its influence. Lending -protocols can be linked to the meme -token market, although they can choose which tokens they can accept as collateral. Defi-noise remains more conservative, while Kamino Blue-Chip has accepted Memes.
Defi -Tonel is a relatively small project that still holds $ 10 million locked in total value. The project offers a relatively high Apr for the use of Sol in its loan pools. Although risky, the Defi project can still be checked. Defi -Tonel has previously spoken against the trend of Solana Ecosystem -participants who also try MEME Token Carpet Pulls.
Cushier worked as a Tier-4 VC fund and added small investments to crypto startups. The fund had average rounds of less than $ 1 million and a 33% loss investment From February 2025. In addition to Defi -Tonna, Kelsier was one of the backers for the recent financing rounds of E Money Network and Saturn. None of the projects has noticed the effect of Celier on the Solana market, because their focus is on other networks and activities.
The Money Network is the only tradable protocol and launches the EMYC token at the end of January. EMYC lost 50% of its value of a peak from $ 0.15 to $ 0.075, which contributed to the losses of Cuckier Ventures.
Solana -Ecosystem repeats the effect of scales
The Solana Ecosystem has so far survived several token carpet tracts, while the rest of the market was apparently unaffected. The promotion of scales by the president of Argentina Javier Milei, however, began to unravel the meme hype.
The Token revealed aggressive sniping of insiders and called the Jupiter Dex Ecosystem again as the distribution of early information about coins and tokens. Jupiter was transparent about his knowledge of an upcoming official token for Argentina. Previously, the founder of Jupiter @Weremeow turned out to be one of the Early snipers van Meme -topping projects. He has to issue a more detailed statement about his personal involvement and exposure to scale.
Defi -tuna called for the involvement of both @weremeow and the founder of Meteora to clarify their involvement in the project. While the scales project $ 100 million turned off the Solana Ecosystem, it had greater consequences. After the recent exposure, Sol continued to glide and stopped at $ 178.54 with a bearish prospect.