Molly Conger
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, yeah. So it's basically sort of what I suggested, which is that if you go out and launch a token and you don't do any prep, when someone goes to buy that token or sell that token, there's no one on the other side of that trade. You need some amount of liquidity in the markets when you start off.
Yeah, yeah. So it's basically sort of what I suggested, which is that if you go out and launch a token and you don't do any prep, when someone goes to buy that token or sell that token, there's no one on the other side of that trade. You need some amount of liquidity in the markets when you start off.
Yeah, and if someone buys one of your tokens, they want to be able to sell it to someone as well. And so you need to be able to sort of absorb that kind of trading without just assuming that out of thin air, these people will exist on both sides of the trade.
Yeah, and if someone buys one of your tokens, they want to be able to sell it to someone as well. And so you need to be able to sort of absorb that kind of trading without just assuming that out of thin air, these people will exist on both sides of the trade.
Yeah, and if someone buys one of your tokens, they want to be able to sell it to someone as well. And so you need to be able to sort of absorb that kind of trading without just assuming that out of thin air, these people will exist on both sides of the trade.
And so there are these projects called liquidity providers where, you know, sometimes it's like big firms will provide liquidity and they'll step in in that role. And that's sort of the market maker end of things. Meteora is a little bit unusual in that they do like decentralized liquidity provision, which I'm not going to go into too much detail about because it's very mind numbing.
And so there are these projects called liquidity providers where, you know, sometimes it's like big firms will provide liquidity and they'll step in in that role. And that's sort of the market maker end of things. Meteora is a little bit unusual in that they do like decentralized liquidity provision, which I'm not going to go into too much detail about because it's very mind numbing.
And so there are these projects called liquidity providers where, you know, sometimes it's like big firms will provide liquidity and they'll step in in that role. And that's sort of the market maker end of things. Meteora is a little bit unusual in that they do like decentralized liquidity provision, which I'm not going to go into too much detail about because it's very mind numbing.
And it's not even dollars. You know, we're not we're not talking about real dollars here. We're talking about like people providing you one fake token in exchange for another fake token.
And it's not even dollars. You know, we're not we're not talking about real dollars here. We're talking about like people providing you one fake token in exchange for another fake token.
And it's not even dollars. You know, we're not we're not talking about real dollars here. We're talking about like people providing you one fake token in exchange for another fake token.
But I think they very much intentionally use the traditional financial terms to sort of lend a degree of legitimacy to it and cover up the fact that like, oh, and if you're a liquidity provider and you just like siphon all the liquidity out of there, you've just made a ton of money in a total scam.
But I think they very much intentionally use the traditional financial terms to sort of lend a degree of legitimacy to it and cover up the fact that like, oh, and if you're a liquidity provider and you just like siphon all the liquidity out of there, you've just made a ton of money in a total scam.
But I think they very much intentionally use the traditional financial terms to sort of lend a degree of legitimacy to it and cover up the fact that like, oh, and if you're a liquidity provider and you just like siphon all the liquidity out of there, you've just made a ton of money in a total scam.
But it sounds legit because it's a liquidity provider and it's something that exists in like traditional finance. But yeah, so there's this Meteora project where that liquidity operation all happens. And, you know, Meteora was deeply sort of involved in some of these big token launches, like Trump token was starting out on Meteora. Melania started out there. This Libra token started out there.
But it sounds legit because it's a liquidity provider and it's something that exists in like traditional finance. But yeah, so there's this Meteora project where that liquidity operation all happens. And, you know, Meteora was deeply sort of involved in some of these big token launches, like Trump token was starting out on Meteora. Melania started out there. This Libra token started out there.
But it sounds legit because it's a liquidity provider and it's something that exists in like traditional finance. But yeah, so there's this Meteora project where that liquidity operation all happens. And, you know, Meteora was deeply sort of involved in some of these big token launches, like Trump token was starting out on Meteora. Melania started out there. This Libra token started out there.
And now it seems like the co-founder was like, very closely connected to this Hayden guy. He even supposedly introduced the Melania team to Hayden Davis, the Kelsier guy.
And now it seems like the co-founder was like, very closely connected to this Hayden guy. He even supposedly introduced the Melania team to Hayden Davis, the Kelsier guy.
And now it seems like the co-founder was like, very closely connected to this Hayden guy. He even supposedly introduced the Melania team to Hayden Davis, the Kelsier guy.