What is Cronje known for?

Notably, Cronje is also known for helping the Fantom Foundation launch the EVM-compatible Opera mainnet in December 2019. Fantom is currently one of the largest Layer 1 blockchains with a fast-growing DeFi ecosystem in the space, rivaling the likes of Solana, Terra, Avalanche, and NEAR.

Is Cronje launching a new project on Fantom?

Cronje, the prolific coder and legendary DeFi founder best known for creating the yield optimization tool Yearn.Finance, first revealed that he would be launching a new project on Fantom at the beginning of the month. “I’m deploying a new experiment on Fantom this month,” he tweeted on Jan. 1.

What happened to Fantom?

The native token Fantom, and all other tokens related to its project have since crashed as much as 30 percent. "Andre and I have decided that we are closing the chapter of contributing Cronje is a developer, while Nell is a senior solutions architect at the Fantom Foundation. Their departure doesn’t come as much of a surprise.

What is Fantom Defi?

As proof of the flexibility of Fantom the team was able to quickly pivot and make Fantom DeFi capable. Fantom promises to be the all-in-one DeFi suite for all users. Fantom’s EVM-compatible blockchain gives users the ability to mint, trade, lend and borrow digital assets directly from their wallets.