DefiLllama, a decentralized finance knowledge website, is disputing its management as a single staff 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 equivalent website has been launched at llama.fi.
0xngmi, one member of the DefiLlama undertaking, stated on March 19 that almost all of the staff 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 staff’s approval.
One other member, Tendeeno, said that 0xngmi’s statements had been reliable. He further suggested that only one particular person — 0xLlam4 — is trying to launch the token.
Tendeeno acknowledged that 0xLlam4 created DefiLlama however stated that 0xngmi grew to become liable for growth after becoming a member of the staff. He additionally asserted that 0xngmi is liable for salaries, leads the staff, and is DefiLlama’s authorized majority proprietor.
0xLlam4 reportedly intends to launch a token in opposition to the staff’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 immediately 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 look like any technique of contacting the developer.
Which website will survive?
Each websites at the moment present the identical fundamental instrument — a leaderboard that lists varied DeFi tasks and shows the overall quantity of crypto locked in these tasks. CryptoSlate has used the location’s knowledge in lots of current studies on matters similar to liquid staking, stablecoin layer 2 inflows, Cardano’s DeFi network, and Huobi exchange outflows.
Whereas llama.fi seems to have majority staff backing, it’s unclear whether or not the location will reach attracting customers on condition that defillama.com has operated for over two years.
The 2 websites could also be reunified if the 2 events come to an settlement.
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