Founder of Manta: He was asked for 3% of the coins by Three Arrows Market Maker, and then smashed the market

Victor Ji, co-founder of Manta Network, said that as early as the Polkadot era, Three Arrows was asked for more than 3% of the token, “they turned around and sold the coin, and said that they were more legit and would not sell the coin”. A real loan only requires no more than 0.2% of the coins. If there is a depth of 200k above and below 2%, 0.2% of the coins must exceed this value, and if the market maker wants more coins, it will be used to smash the market.