Manta Co-founder: Market Makers, whether active or passive, are all "blood-sucking parasites," with true liquidity demand requiring only 0.2% of the token's total supply

BlockBeats News, March 10th, Co-founder of Manta, victorji.eth, posted on social media, stating, "Almost every day, we receive invitations from so-called active market makers and OTC for so-called coin purchase and acquisition. Market makers, whether active or passive, in my eyes, are blood-sucking parasites who do not care about the project's fundamentals at all.

If in this industry, the more funds that do not pay attention to the fundamentals, the faster this industry will collapse, and market makers are the most blatant group that ignores the fundamentals. I believe that liquidity comes from real community trading; whether you are bullish or bearish, it's all part of the natural market. If market makers are willing to participate, you can buy coins in the market to establish a position.

If some project founders are worried about insufficient liquidity and are unwilling to pay for a retainer, then my suggestion is to consider providing a loan, but the size must be minimal. In the early days of the Polkadot era, our project Calamari had over 3% of its tokens taken by Three Arrows for market making, and Three Arrows quickly turned around and dumped the tokens, saying they would never sell.

A true market maker's loan should only require less than 0.2% of the tokens. If there is a 2% depth both ways, having 200k is already a lot; 0.2% of the tokens must exceed this value. If market makers want more tokens, won't they just come to dump the market?"