Well-liked Yearn.Finance creator Andre Cronje got here on Twitter after a 10-day hiatus to disclaim the experiences of him leaving the mission.
“Nonetheless right here. Nonetheless constructing. Nothing has modified. Anybody that claims in any other case fuck off. I am simply accomplished tweeting and being on social media,” tweeted Cronje.
The clarification got here after CoinDesk reported that Cronje is quitting DeFi, and different staff have taken over the mission.
Earlier than this, there have been rumors floating out there about him quitting the mission, with some group members saying that isn’t the case.
“I’m not constructing something in any respect anymore,” he reportedly instructed the publication earlier this month.
“I do it as a result of I’m passionate, but when individuals are going to make use of my take a look at environments, then lose cash, after which maintain me liable, it means there may be zero upside and solely danger for me.”
This has been regarding Cronje’s different product Eminence.Finance rug pulling $16 million.
This isn’t the primary time such a factor has occurred. In August, Cronje had instructed one other publication that he’s quitting DeFi, after having comparable ideas in February this 12 months, solely to vary the course as he stated he received’t go away the house and can proceed to construct.
On Friday, the worth of YFI discovered its backside slightly below $12,300 to rally above $19,500, however at the moment, the worth went all the way down to $16,880 earlier than making its approach above $17,300 to solely fall again all the way down to the present worth of $16,630.