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24 October 2020

Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack | Altcoins Bitcoin News

Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack | Altcoins Bitcoin News


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Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well.

In a post on Medium, Cronje who has vowed not to use his Twitter account, talks of his role and the journey which he says has had both failures and successes.

The Yearn founder then claims that Defi tokens are not the same as stocks.

Meanwhile, Cronje also clarifies that the apparent distinction between a team (devs) and the community, which he says is the source of friction, should not exist.

“There is no separation, they are one and the same,” elaborates Cronje who now says he did not create Yearn.

The Yearn founder then briefly zeroes in on the botched EMN token whose code he says “functioned as designed.”.

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