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DefiLlama Resolves Internal Strife, Sends LLAMA Token Plans alpaca’n

DefiLlama, a decentralized finance analytics platform, appears to have addressed an internal debate among its team that had previously threatened to “fork” the platform.

Possible issue at DefiLlama was initially disclosed in a March 19 Twitter post by developer 0xngmi, who claimed that DefiLlama was “undergoing a hostile takeover,” with the introduction of a token dubbed “LLAMA” without employee approval or endorsement.

In response, DefiLlama’s parent business accused “0xngmi and a few team members” of going “rogue” by attempting to grab DefiLlama’s intellectual property while “inaccurately alleging the real owner is conducting a hostile takeover.”

But, only a day later, it appears that the internal disagreement has been resolved.

The DefiLlama team apologized for the mishap in a March 20 Twitter thread, attributing it to “poor communication and a misunderstanding among the team,” while adding that no new token was planned.

“We’d like to move on from what transpired. There is presently no LLAMA token planned, and any airdrop will be reviewed with the community, as with any major decision. We will take steps to be more transparent in order to prevent this from happening again.”

The developer accused of “going rogue,” 0xngmi, has stated that the internal difficulties have been resolved and that they will continue on board. On March 20, Oxngmi tweeted that “all has been fixed, fork has been canceled,” and that “all work on DeFiLlama will continue.”

Tendeeno, a contributor who primarily works on other projects within the Llama Corp. umbrella, also confirmed that the team rectified the difficulties and opted to run DefiLlama “as usual.”

The donor also informed everyone on the team that they were pleased with the outcome. The webpage that 0xngmi suggested in their March 19 tweet now merely leads to the official DefiLlama platform.

DefiLlama is a multichain DeFi analytics software best known for giving data on total value locked and trade volume on DeFi platforms.


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