The Token That Was Just a Test Then Hit $1 Billion

In 2020 a developer known as Andre Cronje launched a DeFi protocol called yEarn Finance with no premine no fundraising and no team Just one token YFI meant to govern the protocol

He called it a “completely valueless token” But the crypto community saw the potential and the fair launch model took off Within weeks YFI hit over $30,000 per token surpassing even Bitcoin in price at the time

What started as an experiment became a DeFi giant showing that in Web3 transparency and community can create immense value  even when the founder says it’s worthless

The Token That Was Just a Test Then Hit $1 Billion

In 2020 a developer known as Andre Cronje launched a DeFi protocol called yEarn Finance with no premine no fundraising and no team Just one token YFI meant to govern the protocol

He called it a “completely valueless token” But the crypto community saw the potential and the fair launch model took off Within weeks YFI hit over $30,000 per token surpassing even Bitcoin in price at the time

What started as an experiment became a DeFi giant showing that in Web3 transparency and community can create immense value  even when the founder says it’s worthless

https://en.wikipedia.org/wiki/Yearn.Finance