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Aug 10, 2020

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 next

Join us next Monday for a fresh episode!

Resources discussed:

Episode Actions:

  1. Try yearn protocol - "tested in prod" you could lose it all
  2. Get involved in yearn governance
  3. Listen to SOTN#7 - YFI Token Magic w/ Daryl Lau

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Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.  Do your own research.