Synthetix founder: Although market makers manipulating coin prices can bring short-term liquidity, it is detrimental to the long-term development of the token

Synthetix founder Kain Warwick shared his views on market makers, pointing out that some manipulate prices through low-liquidity markets, take advantage of loans and options arbitrage, and even sell discounted tokens before Token Generation Events (TGEs) to quickly dump them after driving up the price. He mentioned that Synthetix was once manipulated by DWF Labs, which brought short-term liquidity but was detrimental to the long-term development of the token. He called on investors to be wary of projects sending large amounts of tokens to market makers and demanded more transparency.