KIP Protocol Joint Creation: The funding for the LIBRA project is still on the chain, and KIP only assists in managing it as a fund allocation formula
星球日报|Feb 15, 2025 07:10
Odaily Planet Daily News: Julian, co-founder of KIP Protocol, posted on social media that, as mentioned in the original tweet by Argentine President Millet a few hours ago, the Libertad project aims to promote the Argentine economy by funding small projects and local businesses, supporting those seeking to develop businesses and contribute to the country's development.
At present, these funds are still on the chain and will not move any SOL. The main role of KIP Protocol in this project is to help distribute funds to Argentine companies, not in terms of tokens, let alone market makers. It should be noted that LIBRA does not have pre-sales, and all tokens are sold through a one-sided liquidity pool.
KIP Protocol will develop a plan for running the Libertad project based on its initial objectives. No SOL will be used beyond the purpose of running Project Viva La Libertad. More details will be announced later.
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