Is this your project?
YFII belong to YFI?
Why yearn.finance Twitter do not post about this information?
Thank you.
Is this your project?
YFII belong to YFI?
Why yearn.finance Twitter do not post about this information?
Thank you.
Yes, I would also like to know what this is. No official information on Telegram or Twitter.
How are people supposed to know this is legit?
IMO. u said u wasnāt the fork of YFI. but now say u are. DeFi makes honest money, if u want to earn it, letās be honest first. The blockchain market is free, u can fork any of it as u like. YFI is YFI, YFII is YFII, they just have a yfi word in the name at the same time, having nothing in common at all. so this forum program belongs to YFI community. Get out here. ( represent my own only
āInnovative decentralized defi mining poolā do u understand what is āInnovativeā?
how many time u guys spent on developing this project?
2 hours or 3 hours?
( represent my own only
if u donāt understand the word āInnovativeā letās learn this word first.
https://www.oxfordlearnersdictionaries.com/us/definition/english/respect_1?q=respect
( represent my own only
All views are my own, to my understanding:
I really wish our YFI community would slow down with the prints for LPs and think about this stuff about how to really make sure everyone who uses our platforms feels rightfully rewarded. Should we give aDAI backpay for 2 years? The possibilities are endless especially if the YFI token value isnt diluted without bringing back at least the same amount spent on the dilution.
Interesting in that YFII is referred to as a fork. A fork would imply the original holders of YFI would receive tokens in YFII. This is not the case. What it is, is a reset. The person who created this started the whole process again and therefore likely farmed on their own, grabbing more coins early on before sharing this out to assign value to the token.
Iād act with caution. Incentives here are not aligned. Iād also highlight that to succeed, theyāll need to do more than just copy code into Infinitum.
YFI has no affiliation with YFII.
YFII itself is a code fork with YIP 8 implemented, likely coming from its author. I personally donāt consider it malicious, and I believe it got too much heat from Metamask and Balancer. The utility of YFII remains questionable as the rewards are codified and the keys are burned, so there is nothing to govern.
Is this statement on it being not malicious backed by research, such that did you personally audit or see an audit on the contract, such as did the fork did they add any backdoors to the liquidity pools, or any other possible hack?
I did look through the contracts, as did some of my peers, but bear in mind that Iām not a professional auditor, so exercise caution and do your own due diligence.