Founder of yearn.finance: Develop a decentralized financial mechanism. Delegated fundingDAOVaults

08月
29
2020-8-29 20:42
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Press Release, August 29, yearn.finance founder Andre Cronje published an article stating that DAO Vaults delegated funding was created with inspiration from the Fair Startup Fund. He said this was in line with the yearn.finance organic governance environment, in particular gov.yearn.finance, combined with credit trust institutions using Aave and yVaults. The idea is that the sponsors give YFI to a fair manufacturer. It works like a regular church delegation and you get LP shares based on your participation.

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ParaFiCapital partners launch application to add YFI as a liability to Compound.
ParaFi Capital partner Santiago R Santos said: “We have announced the agreement to enter YFI into the compound. Andre Cronje (founder of yearn.finance) thinks it is too early to add FYI based, but this It's worth it. Launch the idea now if it will take (1 to 2 months) for this process to happen, and I don't want to rush. "Note: Santiago R Santos previously held YFI as a legacy of the design protocol of the MakerDao community forum and awaits community feedback In response, Andre Cronje, founder of yearn.finance, explains how community members are initiating this proposal. happy to answer but in my opinion it's still early as most tokens are still used in finance or project management due to DEX small size which can cause high volatility of YFI.
2020-8-29 20:23

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