PANews reported on March 26 that Kain Warwick, founder of Synthetix, shared his views on market makers. He pointed out that some market makers manipulated prices through low-volume markets, used loans and options arbitrage, and even sold discounted tokens before the token generation event (TGE) and quickly sold them after driving up prices. He mentioned that Synthetix had been manipulated by DWF Labs, which brought short-term liquidity but was not good for the long-term development of tokens. He called on investors to be wary of projects sending large amounts of tokens to market makers and demanded more transparency.
Synthetix founder: Although market makers manipulating coin prices can bring short-term liquidity, it is not conducive to the long-term development of tokens
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