Andre Cronje: DeFi Expressionist

Crypto developer Andre Cronje popularized the motto “I test in prod”. He was involved in some of the most popular decentralized finance (DeFi) protocols in the space, such as Yearn Finance and Fantome. In March, Cronje announced his retirement sending a shockwave across the sector. Related Reading | Fantom Foundation Responds To Andre Conje’s Departure In […]

Members of the decentralized finance (defi) community are upset with Yearn Finance founder Andre Cronje over the mishap with Cronje’s secret Eminence (EMN) project. The Eminence protocol gathered $15 million before the project was ultimately hacked before the official launch. According to a recent blog post published on Medium, a group of defi community members plan to sue Yearn Finance founder, Andre Cronje, and fork YFI as well. As news.Bitcoin.com recently reported, there’s been a lack of trust in Cronje’s work since an undercover project that didn’t even launch....

Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time. According to Coingecko data, over $402 million in volume has been traded in the past 24 hours, with investors providing a total $7.6 million in liquidity. The digital asset’s market capitalization exploded similarly, reaching $73.6 million – a level equalling number 109....

Cronje may have gone silent on Twitter, but it hasn’t stopped people from trying to sue him for the EMN hack. A group of investors is crowdfunding a lawsuit against Yearn.finance (YFI) founder Andre Cronje over the unreleased and unfinished Eminence (EMN) protocol and its hack.In a post, the group EMN Investigation said it is raising money to sue Cronje, Yearn developer ‘banteg,’ and Twitter user and Yearn supporter Blue Kirby. The group said 100% of the donations would be used to finance the lawsuit. Crowdfunding will end on November 9. The group added: “As a way to thank you for your....

A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space. Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise and fall of crypto culture," Cronje expressed his lamentations of crypto culture as he called for increased regulation and legislation in the industry.When Cronje and his colleague Anton Nell tweeted about the fate of all the applications and services they had built, they offered no....