Andre Cronje, the developer of yearn.finance, talks about all things DeFi and the past, present, and future of yEarn. In this episode, he discusses:  what Yearn Finance is, and what led him to develop it and eventually open it to the publichis history and background, leading up to the development of Yearnthe processes and mechanisms involved in yEarn v1 and yEarn v2why he decided to do a "fair launch" of the YFI token, despite being in debt as a result of building Yearnwhy he felt that a Decrypt article about him in August was a "horrible hatchet job"why he disagrees with what he sees as the current anti-VC narrativehis thoughts on the phenomenal rise in YFI's price and why the price of a YFI token still doesn't matterhow and why he decided governance participation would be a requirement for earning tokens in the Balancer/yCurve/YFI poolthe governance processes in Yearn and his thoughts on whether or not a Compound-style form of governance would be betterhow he might mitigate whales dominating the votewhat he means by "I test in prod" and how people have misinterpreted his meaningwhy he briefly walked away from DeFiwhether he agrees that YFI could be a new structure to replace existing traditional business structureshis response to the allegations by XAR Networkwhether he would consider moving Yearn to another blockchainhis vision for what Yearn can becomeand how much YFI he currently owns personallyThank you to our sponsors! Crypto.com: http://crypto.comGods Unchained: https://playgu.co/unchainedpodEpisode links: Andre Cronje: https://twitter.com/AndreCronjeTechYearn Finance: https://yearn.financehttps://docs.yearn.financeCoinDesk on Yearn: https://www.coindesk.com/what-is-yearn-finance-yfi-defi-ethereumThe Block report on yEarn Finance: https://www.theblockcrypto.com/genesis/75189/defis-yield-aggregator-dao-yearn-financePost introducing $YFI: https://medium.com/iearn/earning-yfi-y-curve-fi-53b5fd347f0fDelegated vaults: https://medium.com/iearn/delegated-vaults-explained-fa81f1c3fce2V2: https://medium.com/iearn/yearn-finance-v2-af2c6a6a3613Delphi Digital report on yETH yVault: https://www.delphidigital.io/reports/yeth-now-do-you-understand/yETH collateralization ratio: https://defiexplore.com/cdp/13972Tony Sheng newsletter: https://tonysheng.substack.com/p/yfi-ponzinomicsYearn Governance: https://medium.com/iearn/yearn-governance-forum-7b7c9d0300acyInsure Finance: https://medium.com/iearn/yinsure-finance-a-new-insurance-primitive-77d5d4217896Delegated funding DAO vaults: https://medium.com/iearn/delegated-funding-dao-vaults-7ab05a63d7ba Siege Rhino question about governance: https://twitter.com/SiegeRhino2/status/1303415750238101504?s=20Andre’s “Building in DeFi Sucks” post: https://medium.com/@andre_54855/building-in-defi-sucks-b8fdfda0ef58?source=---------17------------------Andre quits in February: https://decrypt.co/21068/founder-of-promising-defi-project-abandons-the-toxic-cryptosphereAndre close to quitting in August: https://decrypt.co/37995/exclusive-yfi-andre-cronje-broke-quitting-defiWhat Andre wishes he had known before building Ethereum dapps: https://medium.com/iearn/things-i-wish-i-knew-before-building-ethereum-defi-dapps-cd6bf0f07a16 Learn more about your ad choices. Visit megaphone.fm/adchoices