Coins linked to projects by Andrew Cronje and Anton Nell tumbled after the pair announced they're quitting the crypto space.
decrypt.co
I was just toying with the idea of putting a bit of money in to yearn.finance, although I guess it's not going anywhere, I don't really understand what this means tbh
Yeah I recently listened to an interview of Cronje who was working on some new DeFi protocol on Fantom called ve(3,3) which is an odd name (
"vote escrow" "vested escrow" and apparently "(3,3)" is a running joke from Olympus DAO). In the interview he did seem pretty disillusioned with the space, for many of the same reasons highlighted in the discussions we've been having here recently, namely that the culture of the space is dominated by unscrupulous and impatient investors, and the grifters who exploit them.
I have a little FTM, was holding back a deeper investment until I understood it a bit more.