DefiLllama, a decentralized finance information website, is disputing its management as a single workforce member has tried to launch a token with out wider approval.
Two “llama” websites now exist
DefiLlama was initially launched circa October 2020 at defillama.com. Now, an almost similar website has been launched at llama.fi.
0xngmi, one member of the DefiLlama challenge, mentioned on March 19 that almost all of the workforce launched the second website attributable to a “hostile takeover.” He defined that there’s an “ongoing try” to launch a crypto token with out the workforce’s approval.
One other member, Tendeeno, said that 0xngmi’s statements had been professional. He further suggested that only one particular person — 0xLlam4 — is making an attempt to launch the token.
Tendeeno acknowledged that 0xLlam4 created DefiLlama however mentioned that 0xngmi grew to become liable for growth after becoming a member of the workforce. He additionally asserted that 0xngmi is liable for salaries, leads the workforce, and is DefiLlama’s authorized majority proprietor.
0xLlam4 reportedly intends to launch a token towards the workforce’s needs attributable to a scarcity of website income. As a result of 0xLlam4 controls the DefiLlama web site and its Twitter account, different members of the group can’t straight forestall this end result.
0xLlam4 has made few public statements, and it’s unclear if or when he intends to launch the alleged crypto token. His Twitter profile is at the moment personal and there doesn’t seem like any technique of contacting the developer.
Which website will survive?
Each websites at the moment present the identical foremost instrument — a leaderboard that lists varied DeFi initiatives and shows the full quantity of crypto locked in these initiatives. CryptoSlate has used the positioning’s information in lots of latest studies on matters reminiscent of liquid staking, stablecoin layer 2 inflows, Cardano’s DeFi community, and Huobi change outflows.
Whereas llama.fi seems to have majority workforce backing, it’s unclear whether or not the positioning will achieve attracting customers provided that defillama.com has operated for over two years.
The 2 websites could also be reunified if the 2 events come to an settlement.
