Around the health trading ecosystem of $HOLO , market-making engineering and event planning must take precedence. I have broken down the actionable points into three parts: cross-exchange consistency, inventory and spread management, unlocking and event windows.
1. Cross-exchange consistency: stabilize the price spread first, then discuss depth.
Establish a three-tier monitoring system: ① same exchange different trading pairs; ② different exchanges same trading pair; ③ spot and derivative basis. Set three levels of thresholds and actions: light (automatic deepening + fine-tuning heartbeat price), moderate (small arbitrage + adjusting ladder density), severe (suspend high-risk passive orders + report). Calculate real net profit (including fees/delays/failure rates) before arbitrage; abnormal data sources trigger heartbeat price protection to avoid false tracking.
2. Inventory and Spread: Follow the fluctuations, not the emotions.
Set the 'target inventory range' to bind order quantity/price spread with inventory deviation: exceed upper limit → reduce sales and increase purchases, exceed lower limit → reduce purchases and increase sales. During high volatility, widen the range and reduce single exposure; during active periods, widen the spread to control risks, and narrow the spread during stable periods to enhance experience. When facing front-running or queue disadvantages, advance orders/shorten heartbeat to reduce hanging costs. Earnings are viewed as 'net fees + rebates - basis/unexpected losses', risks are viewed as 'maximum inventory deviation/spike slippage/circuit breaker frequency', and contributions are viewed as 'effective depth/price spread stability/recovery duration'.
3. Unlocking/Announcement/Version Release: Write the 'event window' into a manual.
Previous week: Release explanations (quantity/use/address), provide market-making and repurchase elasticity ranges, disclose 'communication and Q&A' schedules;
On the day: Increase monitoring sensitivity, thicken core ranges, limit single impact, open off-exchange cross transactions to reduce market noise;
Following week: Publicize 'fund usage/depth contribution/price stability', and usebusiness indicators (subscription/call/repurchase) to hedge against the emotion of 'only looking at prices'.
Each unlocking must be linked withnew supply or new rightsinteraction (new tool subsidies/new scenario promotions/new rights authorization) to avoid 'supply increases without story increases'.
4. Communication and Transparency: Clarify the 'path of money'.
Set disclosure rhythms for market-making treasury: usage rules, performance reports, exception explanations; set triggering conditions and limits for repurchase; set allocation formulas and performance reviews for incentive pools. The more transparent, the better the digestion of fluctuations in advance. All entry points should be unified at the product end, allowing users to obtain information, handle rights, and make payments in the same domain even during fluctuations.
When market-making engineering + event plans + business growth occur simultaneously, liquidity no longer relies on short-term support but is driven by real-use scenarios of 'sustainable tradability'.
