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I’m a card-carrying member of The Cult of @AndreCronjeTech like most of you. And yes, degens who ape into unaudited, unknown contracts are ultimately responsible for any loss of funds.
But let’s be real: Andre’s actions did not help the situation...
Short thread...
$EMN
But let’s be real: Andre’s actions did not help the situation...
Short thread...
$EMN
Andre deployed these contracts from the main “Yearn Deployer” address.
People watch his every move, every transaction. Why didn’t he use an alternative, non-followed address to deploy/test if these were indeed just “staging” contracts?
People watch his every move, every transaction. Why didn’t he use an alternative, non-followed address to deploy/test if these were indeed just “staging” contracts?
Last week Andre tweeted about surprise launching new stuff. This week he tweeted about Bancor bonding curve.
Is Eminence the surprise launch? Is this the new system? We see it has a bonding curve. FOMO!
Is Eminence the surprise launch? Is this the new system? We see it has a bonding curve. FOMO!
Just after he deploys the contracts he starts RTing mysterious, FOMO-inducing teasers. The domain is theirs.
It all checks out. The hype is building. This train is leaving the station. No turning back. Anything Andre touches turns to gold. Degen mode activated.
It all checks out. The hype is building. This train is leaving the station. No turning back. Anything Andre touches turns to gold. Degen mode activated.
The rest is history.
Yes, degens gonna degen. No one forced them to put funds in. But this could have been mitigated. It’s not hard to see how it happened.
Again, I love @iearnfinance & @AndreCronjeTech. But having a platform and influence comes with responsibility. $EMN
Yes, degens gonna degen. No one forced them to put funds in. But this could have been mitigated. It’s not hard to see how it happened.
Again, I love @iearnfinance & @AndreCronjeTech. But having a platform and influence comes with responsibility. $EMN
