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Manta Co-Creation: Market makers are all moths, and they can only lend no more than 0.2% of the coins if there is a demand
Victor Ji, co-founder of Manta Network, said: "We basically receive so-called invitations to buy and acquire coins from so-called active market makers and OTCs every day, and my attitude is to stay on the sidelines. Market makers, whether active or passive, are blood-sucking moths in my eyes, they don't look at the fundamentals of the project at all, but every time they have a meeting, these people are very active in running activities, and the boss is also a rich man, why, the money comes from the community of the project. If the more money in this industry does not pay attention to the fundamentals, the faster the industry will collapse, and the market makers are the most blatant wave of people who do not pay attention to the fundamentals. I believe that the liquidity comes from real community trading, you are bullish and bearish, it is a natural market, and if the market maker is willing to participate, you can buy coins in the market to get a position. ” Victor Ji added, "If the founders of the project are worried about the lack of liquidity and are not willing to pay for retainers, then my suggestion is to make a loan, but the size must be minimal. We were first asked for more than 3% of the tokens by Calamari in the Polkadot era, and these grandsons turned around and sold the coins, and told us that they were more legit and would not sell the coins. A real loan only requires no more than 0.2% of the coins. Because you think, if there is a depth of 200k above and below 2%, it is already a lot, and 0.2% of the coins must be more than this value. If the market maker wants more coins, isn't it just to smash the market? ”