A dispute within DefiLlama, a decentralized finance analytics dashboard, led to the platform being forked by one of its employees over the weekend.
The controversy centered on the company's plans to launch a token. On March 19, 0xngmi, an anonymous developer of DefiLlama, announced that the company’s team was forking the platform. 0xngmi stated that DefiLlama was “conducting a hostile takeover” and accused the founders of DefiLlama of launching tokens without the support of employees.
According to 0xngmi, someone who controls both the DefiLlama Twitter account and the website domain decided to launch a token “even though everyone on the team didn’t want it.” The DefiLlama team decided to fork Defillama and start fresh on llama.fi."
“Long story short, there are plans to launch LLAMA tokens without the approval of anyone on the defillama team,” tweeted anonymous user Tendeeno, who claimed to be a contributor to multiple projects at DefiLlama parent company Llama Corp.
Several Twitter users expressed their support for DefiLlama co-founders Charlie Watkins and Ben Hauser. DeFi architect and Yearn.finance founder Andre Cronje said:
"It's easy to become ideological when you don't pay your bills. Charlie has been paying all the defillamas out of pocket for years and it's not cheap. Watching everyone disgusted at what he's doing. He's trying to stop the bleeding isn't Greed, but sustainability. Let's see how long they can go without his "free money". They will raise or add ads or tokens soon."
