Manta Lianchuang: Market makers are the "blood-sucking parasites" who pay the least attention to fundamentals. Real liquidity should come from commun

Victor Ji, co-founder of Manta Network, criticized market makers in the cryptocurrency market on social media, calling them "blood-sucking parasites." He said that the team receives daily invitations to buy coins and acquisitions from so-called active market makers and OTC, but he believes that market makers "completely ignore the fundamentals of the project" and only profit from the project community.

Victor Ji believes that if more and more funds in the industry do not pay attention to the fundamentals, the speed of industry collapse will accelerate, and market makers are the most blatant group of people who do not pay attention to the fundamentals. He emphasized that true liquidity should come from real community trading, reflecting the bullish and bearish sentiment of the natural market.

He also revealed early experiences, stating that the project Calamari under Manta once provided over 3% of tokens to Three Arrows Capital for market making during the Polkadot ecosystem period, but the other party later sold all the tokens. Victor Ji suggested that if the project is concerned about insufficient liquidity, it can consider providing loans, but the scale should be limited to no more than 0.2% of the total token supply.