Currency Lego, one of the coolest things to come out in a long time.

——Andre Cronje

someone said,

DeFi is the future of finance,

And Yearn is the future of DeFi.

Andre Cronje (AC) as Yearn's father,

That is his future father!

Just ask,

In ancient times, Qin Shihuang unified the six countries, and it took nearly 10 years;

Wei Xiaobao pretended to be a eunuch in order to get seven wives;

Brother AC doesn’t spend a penny today,

You don’t need to win seven projects in one month,

Strongly build the DeFi Tosla Empire,

Domineering or not?

certainly!

certainly!

The handsomeness of the blockchain,

I don't recognize anyone but him.

1. The King of DeFi Tosla

Items swallowed by AC,

What are they?

1、SushiSwap

Uniswap is the well-deserved overlord in the DeFi field,

The temple where speculators capture 100 times coins and 10 times coins,

It's a pity that I don't have my own token,

Only by SushiSwap (sushi)

The unique trick of fishing for the moon in the sea and killing for a thousand years is a hard blow.

after swallowing it,

No one doubts AC's ambition to build a DeFi trust.

2、Akropolis

Many people may not know,

Akropolis is Polkadot's first DeFi project,

The founder is even a beautiful girl.

men and women match,

It's not tiring to work, old man.

3、Cover

Insurance is an important way of hedging risks.

We cannot live without the protection of insurance,

This is even more true in a high-risk field such as DeFi.

Cover is an insurance platform targeting this field.

The vision is to allow anyone to buy insurance for anything.

After joining Yearn,

Cover secures the latter product line, as well as the entire DeFi space.

4、Cream

In the entire DeFi, lending can be said to be the most important link.

Cream as a from Compound Finance

A forked decentralized lending blockchain platform,

Often seen as the community version of Compound.

After Cream joined the Yearn ecosystem,

Will be committed to lending related product research and development.

5、Pickle

There are several eye-catching places on Pickle,

First, the story is well told,

It triggered V God to like it, and Pickle skyrocketed by 10 times.

The second is to be hacked and lose 20 million US dollars.

After combining the two,

Pickle core developers focus on strategy,

Yearn provides additional security, peer reviews, audits and discussions.

6、Hegic

Hegic is an on-chain option trading protocol for Ethereum.

On Hegic,

You can buy call and put options,

Call and put options can also be sold as liquidity.

See here,

You will find that the AC has set the

Decentralized exchanges, lending, insurance, etc. are in the bag.

The king of DeFi Tesla seems to be just around the corner.

Of course, time may also tell

AC is actually a Neptune,

Sooner or later, break up with these projects.

After all, he has a lot of dark history.

2. The handle of the sickle world

do not know when,

AC is endowed with the ability to turn stones into gold,

People in the rivers and lakes call "Li Jiaqi in the currency circle".

However, I prefer to see him as

The handle of the sickle class.

Such as SushiSwap,

Suppressed by the founder Chef Nomi's sell-off,

SUSHI fell from $13 to $0.5,

When AC received the order, the price was only about 2 US dollars.

Another example is PICKLE,

The peak price is 86 US dollars,

AC was $24 at the time of offer.

opportunistic investors,

Keep an eye on AC's every word and deed,

Trying to capture the concept currency of mergers and acquisitions,

also,

also,

There are not many cases of AC overturning.

Eminence, the game multiverse new economic project,

Due to a huge loophole, it was hacked,

$16 million in losses,

In addition to criticism from many users,

AC even received death threats.

He disappeared from Twitter for a while.

LBI trying to solve the impermanence loss problem,

up to 200 times,

When many retail investors began to enter the market,

The price of LBI has plummeted all the way,

at last,

at last,

Regardless of whether AC will eventually become the king of DeFi,

He will still be the chief rudder of Neptune*scythe,

People can no longer ignore this one,

Temperament is as cold as ice, wind bone is as hard as iron,

Claiming to be "average qualifications",

Remark:

Remark:

1. As a decentralized exchange, Uniswap charges users a transaction fee of 0.3%, and distributes all the fees to liquidity providers (market makers). When the market is active, market makers can earn millions of dollars in fee income every day, which is equivalent to an annualized rate of up to 20%~50%.

In order to attract customers in the initial stage of SushiSwap, each block produces 1,000 SUSHI [current price of $2.12, maximum of $15.97], far exceeding the current 100 SUSHI. The rate of return of many mining pools once soared to more than 2000%! The market-making funds quickly flowed from Uniswap to Sushi, making the latter's locked position exceed 1 billion US dollars, and the former's locked position dropped to less than 500 million US dollars.

On December 1, AC announced the merger of Yearn and Sushi, and eloquently listed 21 project development plans after the merger, including participating in the other party's community governance and jointly promoting the birth of Deriswap.

2. The goal of Akropolis is to build a protocol capable of creating a distributed financial network composed of member-owned financial organizations that aims to provide basic financial services (savings, investment, social insurance) through a distributed network without Rely on traditional financial institutions.

When AC announced the acquisition of Akropolis, it said, "Akropolis will provide front-end institutional services for Yearn's products, provide customized access services for customer networks, and tailor investment strategies for customers."

3. At present, the locked-up amount of DeFi is about 16 billion US dollars. The effective insurance amount of Nexus Mutual, the largest insurance platform in the industry, is 56 million US dollars, accounting for less than 1% of the total. This means that DeFi insurance still has a lot of room for growth .

On November 28, AC merged with Cover. Cover has not been online for a long time, and the current cumulative insurance coverage of the entire platform is about 7.5 million US dollars.

4. Cream was established in Latvia in 2012. It is positioned as a consumer financial service provider and provides consumer loans online in a convenient and fast manner.

After Yearn and Cream announced their cooperation on December 26, the assets in the Yearn Vault can be used as collateral for Cream. After joining the Yearn ecosystem, Cream will devote itself to the development of lending-related products.

Cream will also be the Launchpad for Stable Credit, Yearn’s highly ambitious project to create a single protocol for decentralized lending, AMMs, and stablecoins.

5. According to the white paper, Pickle’s early stablecoin adjustment project made the unanchored stablecoin (DAI, USDT, USDC, sUSD) closer to its anchor price. Users can use the flash loan method to achieve different stablecoins. arbitrage among them. Later, it slowly evolved into a revenue aggregator similar to the YFI Smart Pool.

One of its mining projects has a very high income, with a daily income of 7.46% and an annualized income of 2722.71%.

6. AC has studied law at Stellenbosch University in South Africa. Driven by interest, he taught himself programming and entered the field of computing, and reportedly completed a three-year computer science course in 6 months. In his blog post, AC considers himself "no background, just a developer."