The DeFi Tuna protocol, based on Solana, has decided to return the funding it received from Kelsier Ventures after the recent LIBRA token scandal. Kelsier Ventures, the main entity behind the spread of LIBRA, also supported three VC-backed crypto startups. DeFi Tuna, although a small project, rejected the influence of Kelsier in the ecosystem by returning the relatively small investment. Davis, the backer of Kelsier, has been met with mixed reactions among Solana traders. The operations of DeFi Tuna have not been affected by the Solana turbulence or the meme market. Kelsier Ventures also backed E Money Network and Saturn, both of which have not commented on Kelsier's effect on the Solana market. The Solana ecosystem has survived multiple token rug pulls but the promotion of LIBRA by the President of Argentina caused the meme hype to unravel. DeFi Tuna has called for clarification from the founders of Jupiter and Meteora regarding their involvement with the project. Overall, the SOL token has experienced a bearish outlook following the LIBRA scandal.



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