The crypto markets have been punished recently, but tokens associated with Andre Cronje have taken an extra beating in the wake of news he is quitting DeFi.

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The top cryptos and the low-performing altcoins have had a mix of reactions in the crypto space as of late. Many of these digital assets prices soared up tremendo...

YFI coin price is currently observing a strong downside momentum and can soon see a new low in the future. Yearn finance price is seeing a gain of more than 3.5% in the daily chart and is trading near the value of $31513. The volatility of YFI has been on a constant upside trend and can soon see a new high. The asset has formed a strong wick in the daily chart and can soon see a new high in the future. If the YFI coin price drops 15 to 20% below the current level then a strong downside trend can be seen. One can invest in YFI according to their needs.

Andre Cronje, the famed creator of Yearn Finance and Keep3r, has contributed immensely to the growth of decentralized finance (DeFi) sector, however, alongside Fantom software architect Anton Nell, he is now quitting the industry, according to a Tweet posted by Nell on March 6th, 2022.

Yield aggregators are an odd breed. They generate earnings by pushing capital strategically by way of DeFi protocols and so they have largely fallen out of the limelight in a crypto world engulfed by Bored Apes and multi-chain ecosystems.

Just four months after adding support for its second blockchain Fantom, Yearn Finance has launched on Layer 2 network Arbitrum.