Industry voices have warned that the encrypted currencies that were supported on the presidency should adopt stronger protection for investors and liquidity guarantees to prevent the collapse of another large market.
The feeling of investors is still vibrating after the scale symbol (Libra), which was approved by Argentine President Javier Millie, suffered from the lack of a market of $ 4 billion due to the cash from the inside.
According to DWF LABS for Blockchain Analytics, at least eight inside The governor withdrew 107 million dollars from liquidityWhich leads to a massive collapse.
Source: Copsy Message
To avoid the similar collapse, presidential support symbols will need more economic mechanisms and mechanisms, such as liquidity locking or making symbols in the liquidity group that is notable for sale for a specific period, and DWF Labs wrote in a joint report with Cointelgraph.
The report stated that the distinctive symbols of prominent leaders will also need restrictions at all to reduce the participation of encrypted robots and their large pregnant women or whales.
“Reducing the activity of robot and whale is necessary in reducing the effect of individuals who work on the internal information of a large percentage of symbolic supply,” according to Andre Grachiv, the administrative partner at DWF LABS:
“The projects must seek to provide a fair launch as much as possible so that all the participants have an equal opportunity to secure the allocation and are not deprived by a handful of well -funded players or enlightened who are calling the lion’s share of the offer.”
Source: dwf labs
The scandal scandal led to a loss of about 74,698 cumulative merchants worth $ 286 million of capital, according to the DWF LABS report.
“The rapid collapse of the distinctive symbol shows the need to lice liquidity, which ensures sufficient liquidity for users to buy and sell without a high slide,” Grishif said, adding:
“This is a special value during the launch phase of a distinctive symbol when there are high fluctuations, which ensures sufficient liquidity to meet large deals without a significant price impact.”
DWF LABS report comes after a week The legislators were presented in New York Legislation aims to protect encryption investors from rug and fraud from the inside after the latest wave of mechanical fraud.
Related to: Trump, Doug, Bonck ETF Applications “more likely” under the leadership of the new SEC
More transparency needed to launch the distinctive symbol
“It explains the collapse of the distinctive code for Libra Token, the necessity of more transparent symbolic launch mechanisms.
“This includes transparency before launching the wallet, conducting due care, and improving the provisional care for projects.”
He said: “There is always a degree of risks when launching any symbol, which is not easily alleviating completely dilution.”
He added: “However, by carefully checking the projects they participate in and fully benefit from transparency, which is one of the basic features of Blockchain, it can enable users to make more enlightened decisions.”
Related to: Memecoins: From the social experience to the “value extraction” tools for sale in retail
More disturbing developments have emerged since the collapse of Mimikoen, which was approved by the Argentine President, including The scale was “a secret open” In some of the memecoin circles that knew the launch of the distinctive symbol for two weeks.
Millie asked the Anti -Corruption Office to investigate all members of the government, including the president himself, for the potential misconduct, According to To a statement on February 16 x issued by the Presidential Office of Argentina, Officina Del Presidente.
Millie faces dismissal calls From his political opponents after supporting the cryptocurrency, which turned to withdrawing a carpet worth $ 100 million.
https://www.youtube.com/watch?
magazine: Caitlyn Jenner Memeco’in ‘SasterMind’ price list leaked
