Manta Joint Creation: All market makers are parasites, if there is a real demand, at most only up to 0.2% of the coins can be lent out

Victor Ji, co-founder of Manta Network, posted on X saying: "We receive invitations every day from so-called proactive market makers and OTC to buy and acquire coins. My attitude is always to stay away. Whether they are active or passive, market makers are blood-sucking pests in my eyes. They don't care about the fundamentals of a project at all. However, they are always very active in meetings and events. The bosses are also rich as hell because this money comes from the community of the project. If more capital in this industry does not pay attention to fundamentals, then this industry will collapse faster, and market makers are the most blatant group that ignores fundamentals. I believe that liquidity comes from real community transactions; whether you're bullish or bearish it's all part of natural markets - if market makers want to participate they can buy coins on the open market."

Victor Ji added: "If some project founders worry about insufficient liquidity but do not want to spend money on retainers, then my suggestion is that loans can be made but their size must be minimal. When we first started with Polkadot's calamari era we gave over 3% tokens for Three Arrows Capital’s market making services who turned around sold our tokens while claiming how legit they were and promising never sell them off . A real loan only needs no more than 0.2% tokens because think about it - having $200k depth up or down by 2% is already a lot; 0.2% token value definitely exceeds this amount so if a marker maker asks for more tokens isn’t he just here to crash your price?"