Yearn Finance Voters to Wintermute: Drop Dead

📆 8/29/2023 1:16 PM
📰 CoinDesk

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One of the biggest market makers in crypto is having trouble getting nearly free money out of Yearn Finance.

Wintermute Trading is asking Yearn Finance for a 12-month loan of YFI tokens as it hunts for extra yield.Wintermute Trading, one of the biggest market makers in crypto, has hit some governance roadblocks as it hunts for yield across decentralized finance – an ecosystem it helps prop up.failing

The complex situation highlights how Wintermute has grown, in its founder Evgeny Gaevnoy’s words, increasingly “creative” – and ever more bold – in how it extracts value from crypto projects.

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