Early in the market-making ecosystem, a phenomenon was observed: whether in the internet or crypto markets, there are clear time windows for ecosystem participants to compete.
At that time, I saw many projects, no matter how excellent their resource allocation or strong their fundraising background, ultimately fall behind due to the cognitive ceiling of their core decision-makers. Bringing in professional market makers was also an attempt to address this flaw.
But there is a deeper logic behind this: in each market cycle, the ecosystem's capacity is limited. Missing that window period means th
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