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Market News

DefiLlama Sorts Out Internal Conflict, No Token Launch Planned

Written By Rajpalsinh
Published 2023-03-21·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle

DeFi analytics platform DefiLlama apologizes for the recent events caused due to “poor communication and a misunderstanding within the team.” DefiLlma clarified that currently there is no LLAMA token planned, and any airdrop will be discussed with the community.

1/3 The DeFiLlama team would like to apologize for the events that unfolded yesterday, as a result of poor communication and a misunderstanding within the team.

— DefiLlama.com (@DefiLlama) March 20, 2023

Yesterday, DefiLlama underwent a fork amid an internal dispute between team members 0xngmi and 0xLlam4. 0xngmi and other contributors were against 0xLLam4 who was reportedly aiming to launch a token native to the platform. The situation has since then been resolved.

0xngmi later tweeted: “For everybody who is asking: everything has been solved and all work will continue on defillama.com, llama.fi will just be redirected there.” 

The DefiLlama community can finally take a breath of relief as the dust from the fiasco settles.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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