• Yearn creator new DeFi protocol
    Technology

    Yearn Finance creator announces new DeFi credit protocol

    Andre Cronje’s latest project gives users a 99.5% U.S. dollar-based credit line via its yCredit ERC20 token

    What makes this system much more interesting is that Cronje is highly regarded by the cryptocurrency community. As Modern Consensus reported in late September, his projects are trusted so much that when his wallets deployed a contract that he was secretly testing for a new gaming protocol, Eminence.Finance, $15 millions was deposited by users who wanted to front-run other investors before he asked for investments. And before he worked on security, as it turned out.