Synthetix Founder: The public token chain will return soon once the 2 token key process begins.

Recently, Synthetix founder Kain Warwick spoke with our Arrows Capital co-founder Su Zhu about improving the public channel. In order to get the most out of it,Su Zhu believes Ethereum gas prices are too expensive for public use, so they should support public channels such as Solana and Avalanche and allow more industry KOLs to join the conversation.

Today, Synthetix founder Kain Warwick tweeted again to support the Ethereum ecosystem and its expansion plans.It is believed that the first ecosystem will compete with Ethereum as most of the ETH infrastructure will move to L2 early next year and Phase 2 projects will provide tokens.

Here is the full Twitter account of Synthetix's Kain Warwick:

People say "Ethereum is too expensive" has become a meme. Not many people know that there is noise surrounding this meme that we can continue in the Ethereum ecosystem and pay for less fuel.

A lot of people attack me and say, "You are very rich, but we can't afford to buy ether oil and you don't care about real users" etc. However, the point is that Synthetix is ​​based on the Ethereum ecosystem, and a high level of oil will affect its development.

Many projects in the Ethereum ecosystem strive to expand resources through integrations such as Polygon, Arbitrum, Optimism, StarkWare, Rollup, ORU, ZK, etc. L2 is cheaper than L1. Ethereum has a lot of time and potential due to its expansion plans.

Users don't have to wait for their expansion plan to mature, but now everyone is investing their mental and financial resources in public channels called "Ethereum Killers" like BSC, AVAX, SOL, but this situation can affect quickly. reverse. As most ETH infrastructure moves to L2 early next year, these early ecosystems will struggle to compete with Ethereum. We have seen that the cost of adopting DeFi projects refers to the optimism that grows every week.

Most people who switch to the public "Ethereum Killer" channel are more skeptical than many in the Ethereum community are supporting the distribution not just to pay the price of Ethereum. This is because a lot of people don't care about decentralization and other minds, but take the time to make the most of it.

I discovered SOL earlier than most people, but I haven't invested in these ecosystems. I know SOL tokens will cost millions of dollars sooner or later, but it will weaken my faith in Ethereum. Don't do bad business when you develop these systems.

I think now the power of ETH killers like AVAX is mostly hidden trading. These changes result in payments for the following year. Even if the industry solves this problem, the risk is enormous.The money flowing into the ETH killer, in my opinion, is not the right kind of money distribution..

As a market sharer, I call on people to join the Ethereum community and make it more important to new L2 users. I think more and more users will realize the significant benefits of L2, not because it supports distribution, but because of a better design team.

Having cumulative tokens (like Optimism, StarkWare, etc.) is very controversial. This will encourage new users to try Rollup and help introduce the knowledge and functionality of this new channel.