25 - YFI: Farming the Farmers | Andre Cronje
Bankless
English - August 10, 2020 07:30 - 1 hour - 91 MB - ★★★★★ - 942 ratingsInvesting Business Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episode: #25
August 10, 2020
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Andre Cronje calls himself just another DeFi dev, but you can't help but wonder, is he's underselling himself with that title?
In a few short months he single-handedly created a fleet of DeFi yield farming money robots that locked up over $400m in assets in his yearn protocol. He launched a YFI token that grew in value by over 1,000% in its first week, one of the most explosive price charts crypto has ever seen.
No pre-mine, no VC, no founders reward.
Maybe a better title is King of the Yield Farmers.
DeFi's Satoshi.
Who is this guy?
What did he build and why is it brilliant?
Why did YFI go from $3 on July 17th to $5000 on August 8th?
This is everything you need to know about yearn, YFI, and Andre.
We cover:
How Andre's really feeling What's up with "I test in prod" Why high YFI price can be bad How Yearn automates yield farming Andre's money robots Incenting strategy writers Risks of yearn Launching YFI to scale Why people buy YFI Organic governance Is Andre The Joker? What's coming nextJoin us next Monday for a fresh episode!
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