How we think about Yearn

Pretty sure YFI is just thousands of investors expecting a dozen developers to do all the work. Like I’m pretty sure maybe at max 2% of all tokens is circulation are owned by the core developers.

It’s completely lopsided. No cryptocurrency is going to succeed where investors outnumber developers so heavily.

If I was a developer, I’d just partner with several other developers and mint my own token. My time is precious and a single well implemented protocol on my part could be worth millions. Why would I pump the bags of thousands of investors expecting a free ride? I’m not going to “contribute” to your protocol the same way I won’t contribute to the hundreds of other community-based DeFi protocols.

I’d rather just work for myself. My code, my protocol, my money.

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