PANews reported on February 15 that Chaofan Shou, a developer of the Solana-based re-staking protocol Solayer, tweeted that he and Solayer engineer @tonykebot lost more than $2 million on LIBRA. "Let's see what two hackers and a free weekend can bring us," and attached a picture of the core members of KIP Protocol.

Earlier on February 7, Solayer announced the LAYER token economics: the maximum supply is 1 billion, and 51.23% is allocated to the community and ecology.