The entire yearn.finance ecosystem is community developed and community governed via the YFI token.
The most popular protocol within this ecosystem is yearn.finance (same name) which automatically moves user funds between DeFi lending protocols such as Compound, Aave, and Dydx to maximize APY. Yearn.finance is an ecosystem of protocols built on Ethereum which aims to simplify user interaction with popular DeFi protocols and maximize the annual percentage yields (APY) of cryptocurrencies deposited into DeFi. Cronje also pronounces the YFI token as “waifu” and insists it has 0 value. Most importantly, when the YFI token was created, he did not keep any of it for himself as is often done in many cryptocurrency projects (though he did farm some of it as a regular user). In his own words, this requires “hating yourself more than the thing you are building”.
#Yfi wallet code
Image via YearnĬronje is passionate about open source technologies, refuses to shoulder any credit for the protocols he has created, is obsessed with dissecting the code of other DeFi platforms in an objective manner, and remains incredibly active in the community and the development of yearn.finance. The user friendly interface of yearn.finance. While his colleague was away on honeymoon, Cronje started researching cryptocurrencies and claims that if his colleague had never gotten married, he would have never gotten involved in the crypto space.
Instead, he dove into the private sector, working in insurance, fintech, big data, and distributed ledger technologies (centralized blockchains).
After dropping out of the college where he was studying law, he completed a 3-year computer science program in just 6 months which landed him an offer to teach at the institution which offered the course. Yearn.finance was created by rogue programmer Andre Cronje.
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