25 - YFI: Farming the Farmers | Andre Cronje
Bankless10 Aug 2020

25 - YFI: Farming the Farmers | Andre Cronje

Episode: #25
August 10, 2020

-----

Tools from our sponsors to go bankless:

----

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

Also...subscribe to Bankless YouTube to watch State of the Nation every Tuesday.

-----
Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed

Leave a review on iTunes

Share the episode with someone you know!

-----
Don't stop at the podcast!

Subscribe to the Bankless newsletter program

Watch Bankless shows and tutorials on YouTube

Visit official Bankless website for resources

Follow Bankless on Twitter

Follow Ryan on Twitter

Follow David on Twitter

-----
Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1297)

AI, Surveillance, and the Fight for Digital Sovereignty | Near's Illia Polosukhin

AI, Surveillance, and the Fight for Digital Sovereignty | Near's Illia Polosukhin

What happens when powerful AI requires an ID, governments can restrict access by country, and your most private data flows through centralized systems? NEAR co-founder Illia Polosukhin joins David to ...

23 Jun 57min

"The Fed Can't Print Moore's Law" - How the AI Crash Sends Bitcoin to $1M | Arthur Hayes

"The Fed Can't Print Moore's Law" - How the AI Crash Sends Bitcoin to $1M | Arthur Hayes

Arthur Hayes is back on Bankless, and he’s taking the W off the table. After selling HYPE, NEAR and ZEC, Arthur walks through why the AI trade started to look less asymmetric, why oil and geopolitics ...

22 Jun 58min

ROLLUP: Saylor Risk? | Warsh’s New Fed | SpaceX IPO | Coinbase’s Everything Exchange

ROLLUP: Saylor Risk? | Warsh’s New Fed | SpaceX IPO | Coinbase’s Everything Exchange

Equities are rallying, but Bitcoin is breaking down. David and Tom unpack Saylor’s STRC stress, Warsh’s first FOMC, SpaceX’s mega-IPO, Jito’s breakout, Coinbase’s Everything Exchange, and why perps ma...

19 Jun 1h

How Re is Rebuilding the $1T Reinsurance Market with Stablecoins | Karn Saroya & Avichal Garg

How Re is Rebuilding the $1T Reinsurance Market with Stablecoins | Karn Saroya & Avichal Garg

Re is bringing the $1T reinsurance market onchain. Founder Karn Saroya and Electric Capital’s Avichal Garg join David to unpack how stablecoins can become a new capital source for insurance, why real-...

18 Jun 58min

Why The Pokémon Card Market Is Blowing Up | Andy8052

Why The Pokémon Card Market Is Blowing Up | Andy8052

Pokemon cards are suddenly one of the hottest markets in collectibles. But why now, and what does it have to do with crypto? Andy8052 joins David to break down the rise of digital pack-opening platfor...

17 Jun 46min

Perps Are Coming Onshore | CFTC Chairman Mike Selig

Perps Are Coming Onshore | CFTC Chairman Mike Selig

Perps are coming onshore. CFTC Chairman Mike Selig joins David to unpack the first U.S.-regulated Bitcoin perpetual futures contract, the end of regulation by enforcement, and what comes next for Coin...

15 Jun 35min

ROLLUP: One More Dip? | Saylor Sold | IPO Season | Ethereum vs ETH

ROLLUP: One More Dip? | Saylor Sold | IPO Season | Ethereum vs ETH

Bitcoin is back at Biden-era prices, ETFs are bleeding, and Saylor just did the thing he said never to do: sell. Ryan and David unpack whether crypto has one more drop left, what trillion-dollar IPOs ...

12 Jun 1h 8min

Is $LIT Cheap? | Will Price and Flip

Is $LIT Cheap? | Will Price and Flip

Hyperliquid has become the breakout perp exchange of crypto. But is the market missing its biggest competitor? Delphi’s Flip and DeFi investor Will Price join David to make the case for Lighter, a ZK-...

9 Jun 1h

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
fotballpodden-2
stopp-verden
popradet
det-store-bildet
nokon-ma-ga
lydartikler-fra-aftenposten
rss-espen-lee-usensurert
rss-gukild-johaug
dine-penger-pengeradet
hanna-de-heldige
rss-ness
rss-penger-polser-og-politikk
frokostshowet-pa-p5
aftenbla-bla
rss-utenrikskomiteen-med-bogen-og-grasvik
ta-dokumentar