Yearn Finance Voters to Wintermute: Drop Dead

📆 29/8/2023 9:16 pm
📰 CoinDesk

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Israeli finance minister to renew funds to Arab communities after backlashIsraeli Finance Minister Bezalel Smotrich said on Monday his ministry would unblock funds for Arab communities that he suspended saying the money was fuelling crime, triggering outrage from Arab mayors and some Arab and Jewish lawmakers.
Source: Reuters - 🏆 2. / 97 Read more »