🎙️ YFI: Farming the Farmers | Andre Cronje Bankless

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Episode: #25 – YFI: Farming the farmers
August 10th, 2020

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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