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Yearn Finance Founder Says He Would Like to Be Uniswap Delegate

Yearn Finance Founder Says He Would Like to Be Uniswap Delegate

Yearn Finance (YFI) founder Andre Cronje has revealed his desire to act as a Uniswap delegate, tweeting on September 19 about the motivation and plans were he to become one.

  • Cronje said that he had no intention of proposing a YFI-ETH liquidity pool at this time
  • He then listed several ideas on the agenda, including building tools to facilitate delegation, off-chain voting, and on-chain enforcement
  • He also stressed that there was an opportunity to “re-evaluate the tokenomics and distribution”, and there should not be a rush to incentivize liquidity pools as they can be abused
  • One specific example cited by Cronje is helping DAI and sUSD pegs
  • Cronje has been critical of the mania in the DeFi space, as well as certain projects, like SushiSwap

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