Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Manta's founder: Was once asked by Three Arrows Capital for 3% of the tokens, and then they dumped the market.

Powered by ChatGPT
#DeFi
吴说
272Words
Mar 10, 2025

Victor Ji, co-founder of Manta Network, stated that during the Polkadot era, Three Arrows Capital was charged over 3% of tokens for market-making. "They immediately sold the tokens and claimed to be very legit, insisting they would never sell the tokens." A real loan only requires no more than 0.2% of the tokens. If there is a 2% depth, having 200 thousand is already a lot. The 0.2% of tokens must exceed this value, and if market makers require more tokens, it is usually to dump the market.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==