Thank you to everyone that suppoerted us over the past few years. YFI is the native cryptocurrency of the Yearn Finance platform: a collection of decentralized finance (DeFi) products that allow users to earn interest on their. Yearn.finance distributed YFI to those who had invested in the YFI protocol when the project was first launched. Unlike previous “building in defi sucks” rage quits, this is not a knee jerk reaction to the hate received from releasing a project, but a decision that has been coming for a while now. As to whether or not Cronje plans to return, Anton Nell’s thread indicates otherwise:.FTM is also down about 13% in the past 24 hours.The news was met with an instant nuke in YFI’s price, which lost about 13% immediately and plunged to just above $17K from almost $20,000.People burying YFI, you do realize Andre hasn’t worked on it for over a year? And even if he did, there are 50 full-time people and 140 part-time contributors to back things up. View several financial metrics and valuation multiples for yearn.finance (YFI) and compare them against those of other blockchains and decentralised. Commenting on the matter was also YFI’s Banteg, who said:.However, Cronje is the one who came up with the protocol in the first place, and it was an iconic move back at the beginning of DeFi Summer in 2020. It’s worth noting that this doesn’t mean that Yearn Finance will stop working in any shape or form.

One of the said services is YearnFi – a front-end interface for Yearn Finance (YFI) that Cronje had been working on.

Stay up to date with the latest yearn.finance. There are around 25 apps and services that we are terminating on 03 April 2022. yearn.finance (YFI) - USDT - Live yearn.finance prices from all markets and YFI coin market Capitalization. In a Twitter thread on March 6th, 2022, Anton Nell – senior solutions architect at the Fantom Foundation – announced that Andre Cronje and him will quit contributing to the crypto space.Īndre and I have ecided that we are closing the chapter of contributing to the defi/crypto space.Andre Cronje, perhaps best-known for his work on Fantom and Yearn Finance, alongside Anton Nell – senior solutions architect at the Fantom Foundation – will reportedly be leaving the cryptocurrency space.

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