{"id":32228,"date":"2020-11-23T17:03:04","date_gmt":"2020-11-23T15:03:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32228"},"modified":"2025-08-28T07:37:15","modified_gmt":"2025-08-28T04:37:15","slug":"yearn-finance-founder-unveils-new-defi-protocol-deriswap","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/yearn-finance-founder-unveils-new-defi-protocol-deriswap\/","title":{"rendered":"yEarn.Finance founder unveils new DeFi protocol Deriswap"},"content":{"rendered":"

The founder of the DeFi project yEarn.Finance, Andre Cronje, announced a new decentralized protocol, Deriswap. It is undergoing an audit, it is said<\/a> in a statement.<\/p>\n

<\/p>\n

Deriswap unites swaps, futures, options and loans on a single platform. According to Cronje, the result is a ‘capital-efficient market for trading’ that allows liquidity providers to maintain borrower requirements and receive additional rewards.<\/p>\n

The founder of yEarn.Finance said he would publish detailed information about the new solution after the audit. He posted the announcement to begin a discussion with developers.<\/p>\n

In October, Cronje released<\/a> the ‘useless’ LBI token as part of an initiative to create liquidity bridges between different exchanges. Users ignored his warning that the coins were not intended for investment and invested funds in them.<\/p>\n

Later, the founder of yEarn.Finance posted<\/a> on GitHub code for another project called Keep3r Network. Despite beta testing, traders added several thousand dollars to the liquidity pool with KPR on the DeFi exchange Uniswap.<\/p>\n

In October, a group of investors EMN Investigation opened<\/a> fundraising for a lawsuit against Cronje.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog FEED<\/a> \u2014 all the news, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

The founder of the DeFi project yEarn.Finance, Andre Cronje, announced a new decentralized protocol, Deriswap. It is currently undergoing an audit, according to a statement.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1869],"class_list":["post-32228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-yearn-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32228"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32228\/revisions"}],"predecessor-version":[{"id":32229,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32228\/revisions\/32229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}