Who is Andre Cronje crypto?

Andre Cronje is a South African software developer and cryptocurrency/DeFi (decentralized finance) entrepreneur who is best known as the founder of Yearn Finance.

Yearn Finance (YFI) is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation and insurance on the Ethereum blockchain . The protocol is maintained by various independent developers and is governed by YFI holders, according to documents on the project’s website.

Yearn Finance was launched by Andre Cronje in early 2020 . Cronje is a South African entrepreneur and software developer. The project received no funding, and Andre kept no tokens for himself. In July 2020, the platform launched its governance token and cryptocurrency, YFI.

Andre Cronje : Founder of Yearn. finance | #2 | Cointelegraph.

Cronje has had a prolific career in crypto. According to his LinkedIn page, Cronje has held numerous positions within the community including technology head at the Fusion Foundation, tech analyst at Lemniscap and code reviewer at news outlet Crypto Briefing .

Still, YFI has value as it is used to encourage users to lock cryptocurrencies in yearn. finance and its contracts running on Balancer and Curve . For example, anyone who owns YFI is able to receive revenue collected by the protocol in the form of fees.