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DefiLllama Drama Put to Rest: No Token Planned After ‘Poor Communication’

March 21, 2023
in Web3
Reading Time: 4 mins read
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The DefiLlama staff apologized Monday for complicated its customers over the weekend by an announcement directed individuals to a forked model of its decentralized finance dashboard.

“The DeFiLlama staff want to apologize for the occasions that unfolded yesterday, because of poor communication and a misunderstanding inside the staff,” the firm tweeted.

Yesterday, a rift between 0xngmi and 0xLlam4—the corporate’s two pseudonymous co-founders—erupted in public over a possible token launch. However after one facet teased a llama-themed cryptocurrency days in the past, the collective clarified at the moment that it wasn’t within the works.

“We want to put what occurred behind us,” DeFiLlama mentioned. “There is no such thing as a LLAMA token at present deliberate, and any airdrop can be mentioned with the neighborhood, as each vital determination is.”

2/3 We want to put what occurred behind us. There is no such thing as a LLAMA token at present deliberate, and any airdrop can be mentioned with the neighborhood, as each vital determination is.

We are going to take steps to function in a extra clear method to make sure this does not occur once more.

— DefiLlama.com (@DefiLlama) March 20, 2023

0xngmi mentioned Sunday that the staff was forking DefiLlama on account of a hostile takeover that concerned a token launch, encouraging his followers to make use of llama.fi as an alternative of defillama.com. By Monday afternoon, the brand new web site redirected individuals to its predecessor.

The DefiLlama staff is forking Defillama@Defillama is present process a hostile takeover

There may be an ongoing try and launch a token that doesn’t symbolize us. We do not wish to be related to it

Use https://t.co/G0h4uBo2mL and @llamadotfi as an alternative!

— 0xngmi (llamazip arc) (@0xngmi) March 19, 2023

Because the drama between two pseudonymous llamas performed out, members of DefiLlama’s Discord server vocalized considerations over whether or not the web site had been compromised or hacked. However confusion gave solution to aid as members reacted to Monday’s announcement.

“Nice to see you guys discovered a solution to maintain the staff collectively,” one consumer named 0xSerdar mentioned. “Glad for you!”

A message posted in one in every of DefiLlama’s Telegram channels yesterday recommended that 0xngmi had “gone rogue” and was attempting to steal the corporate’s IP with a couple of staff members, but it surely has since been deleted.

The pseudonymous DefiLlama contributor Tendeeno had claimed that it was 0xLlam4 who was within the incorrect, forging forward with a token launch regardless of the staff’s needs. And since 0xLlam4 managed the corporate’s Twitter account and area identify, “they might announce a token at any time and primarily maintain the staff hostage.”

(9/12)The true downside is, this cofounder has management of the DL twitter and area.

this meant they might announce a token at any time, and primarily maintain the staff hostage.

— Tendeeno (@Tendeeno_) March 19, 2023

Following the fallout from this previous weekend, the DefiLlama staff appeared to have reconciled the disagreement, and it vowed that comparable points wouldn’t come up once more.

“We are going to take steps to function in a extra clear method to make sure this doesn’t occur once more,” DefiLlama mentioned, including that the corporate will “proceed to cooperate with one another in creating open and clear options.”

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Tags: CommunicationDefiLllamaDramaPlannedPoorPutRestToken
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