![]() Cronje also pronounces the IFI token as 'waifu' and emphasizes that it has a value of 0. Most importantly, when the IFI token was created, it kept nothing to itself, as is often done in many crypto-currency projects (although it has cultivated some of them as a regular user). In his own words, this requires 'more hatred than what you build'. ![]() Cronje is passionate about open source technologies, refuses to take credit for the protocols he has created, is obsessed with objectively dissecting code from other DeFi platforms, and remains incredibly active in community and long-term development. Cronje also wants to make iearn.finance the safest available DeFi protocol, and recently stated that he was the first to invest his funds in it and that he will be the last to withdraw his funds. Cronje believes that DeFi has become so complex that it has become almost impossible for the average person to communicate, hence the focus on a simple and intuitive user experience which is now crucially renamed iearn.finance (AKA iEarn). He became so influential that the reviews he gave for a while before Crypto Briefing were considered the project to make or break in the eyes of many in the Crypto community. At the time, Cronje was known in the Crypto Coin space for detailed code reviews on Medium. He began working closely with Curve Finance and Aave to create what became known as iEarn. ![]() In the middle, he developed a program that would automatically switch between DeFi protocols to optimize performance when he realized he could increase it and make it public. Cronje began investing his own and others' money in these protocols and would manually transfer funds to the platform / stablecoin combination that provided the largest API. Although Cronje believes that most cryptocurrencies are too unstable and speculative to invest seriously in them, he is still fascinated by the decentralized financial protocols and incredible returns offered by stablecoin on these platforms. While his colleague was on his honeymoon, Cronje began researching cryptocurrencies, claiming that if his colleague was never married, he would never interfere in the crypto space. Instead of immersing himself in the private sector, he worked on insurance, fintech, big data and distributed books (centralized blockchains). After leaving law school, he completed a three-year computer science program in just 6 months, earning an offer to teach at an institution offering a course. Yearn Finance price is updated and available in real-time on was created by naughty programmer Andre Cronje. ![]() With all of its protocols operating on the Ethereum blockchain, YFI tokens are ERC-20 based and utilize a Proof-of-Stake consensus mechanism. Yearn.Finance operates on a completely decentralized system, making it possible for the protocol to function effectively without a third party overseeing the operation.The Yearn.Finance cryptocurrency ($YFI) facilitates this process and moves transactions throughout the protocol. The Yearn.Finance protocol creator is also recognized for creating and developing other successful protocols and platforms. Yearn.Finance was launched in July 2020 by Andre Cronje, an experienced computer scientist and software developer with proficiencies in and related to blockchain science and decentralized architecture. Yearn.Finance runs on the Ethereum blockchain network, so users can utilize ERC-20 tokens to benefit from trading opportunities on the platform. Yearn.Finance is a set of protocols that enable users to optimize earnings on crypto assets through DeFi lending and trading.
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