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DefiLlama resolves internal strife, sends LLAMA tokens plans alpaca'n

By Jerry McNeill
Mar 22, 2023
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DefiLlama, a decentralized financial analytics platform, appears to have resolved a conflict within its team that earlier threatened to "fork" the platform.

The potential problems with DefiLlama were first exposed when developer 0xngmi claimed in a Twitter thread on March 19 that DefiLlama was "conducting a hostile takeover" and launched a token called "LLAMA" without the approval or support of its employees. currency.

In response, DefiLlama’s parent company accused “0xngmi and some team members” of “going rogue” in attempting to seize DefiLlama’s intellectual property while “falsely claiming that the rightful owners were engaged in a hostile takeover.” Yet just a day later, the internal conflict appears to have been resolved.

In a Twitter post on March 20, the DefiLlama team apologized for the failure, attributing it to "miscommunication and misunderstanding within the team," while clarifying that there were no plans to use the new token. 0xngmi, the alleged "rogue" developer, has confirmed that the internal issues have been resolved and they will remain on board. On March 20, Oxngmi tweeted that "everything has been resolved and the fork has been canceled" and "all work will continue on DeFiLlama".

Tendeeno, a contributor who primarily works on other Llama Corp.-owned projects, also confirmed that after “back and forth,” the team had resolved the issues and decided to run DefiLlama “as normal.” Contributors also assure everyone on the team that they are happy with the results. The website 0xngmi tipped the community to switch to in a March 19 tweet is now simply redirecting to the official DefiLlama platform.

DefiLlama is a multi-chain DeFi analytics platform, generally known for providing data related to the total value locked and transaction volume on DeFi platforms.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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