Andre Cronje-related projects are facing severe selling pressure following his departure from the crypto industry
and Keep3r, has called it quits together with fellow software architect Anton Nell, according to a tweet posted by the latter.There are around ~25 apps and services that we are terminating on 03 April 2022.Nell claims that a total of 25 decentralized finance applications will be terminated starting from Apr. 3. Yearn.Finance, Keep3r Network, Solidly and other protocols are among the abandoned projects.
The price of the YFI token collapsed roughly 13% since the announcement but has since pared some losses. The cryptocurrency attracted plenty of attention during “DeFi summer” in 2020 after a massive rally, but it has since plunged into relative obscurity. The Fantom protocol’s total value locked has dropped by $3.35 billion since March 3, which is apparently related to Cronje’s exit. The Fantom has also shed 13% over the past 24 hours.
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