Andre Cronje, Director of the Fantom Foundation, Independent DeFi developer and founder of Yearn.finance
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Andre Cronje, Director of the Fantom Foundation, Independent DeFi developer and founder of Yearn.finance
Andre Cronje is a talented programmer best known for developing Yearn.finance and Keep3rV1. He has also contributed to other well-known DeFi projects, like Cream v2 and Sushiswap, among others. Cronje has been a developer for more than 20 years and is a software architect. He was requested to continue working as an instructor at the Computer Training Institute Education Group after completing a three-year computer science course in just five months. He spent more than a year there as a lecturer.
Many people are unaware of Cronje’s law degree, which he earned from Stellenbosch University in 2003. Before delving into encryption and mobile security, he first worked on building Big Data and high transactional infrastructure for the telecom industry.
His most recent initiatives include developing fintech solutions and utilizing blockchain technology to provide DeFi goods and services to the continent of Africa’s unbanked. He presently serves as the technical advisor for Fantom, a platform for DAG-based smart contracts.
Build initially, address bugs afterwards is Cronje’s philosophy. Along with his distinctive viewpoints, his “I test in prod” Twitter bio is well-known in the cryptocurrency community. Disclaimer: When I make software, I build it for myself, he once stated on Twitter. Please use caution if you do decide to interact with it because there will be bugs. Interfaces are created to simplify my life. I’ll make errors. Please don’t use it if you don’t comprehend it.
2023
Decentralized finance architect Andre Cronje stated the objectives and top priorities for the Fantom ecosystem in 2023 in a fresh Medium article that was released at the end of 2022. The creator of protocols including Yearn.finance and Keep3rV1, Cronje, also mentioned that he took on a role as a board member for Fantom Foundation Ltd and Fantom Operations Ltd, which manage the ecosystem named after the company.
Gas monetization, which would enable revenue sharing for decentralized apps, or DApps, as a development incentive, is a crucial component of Cronje’s 2023 Fantom plan. Furthermore, gas subsidies would allow Fantom DApps to communicate without a wallet having to cover the gas costs directly. During onboarding, users are not required to own or be aware of FTM, according to Cronje.
“Gas reform” also entails doing away with the distinction between externally held accounts and smart contracts, allowing anybody to conduct transactions and pay for gas. On the protocol, tokens other than FTM would also be able to be used as gas costs.
2022
Early in January, when Cronje tweeted “ve(3,3),” the cryptocurrency community was abuzz with rumors that the developer was about to introduce a new DeFi 2.0 project. However, it was later discovered that the message really referred to a new project on the Fantom blockchain named Solidly.
He teased a number of the ve(3,3) project’s features, which he has been developing with Daniele Sestagalli, a fellow DeFi developer. Cronje explained how a “possible future” emission-based token could balance ecosystem players in a blog post named “ve(3,3).” The usual vested escrow rules are in effect. Additionally, Sestagalli revealed the project on Twitter: “Andre and I are introducing a brand-new coin on Fantom.” In a blog post, Fantom stated further that “tokens will be airdropped to Fantom projects dependent on TVL.”
Latest news about Andre Cronje
Despite the crypto winter, altcoins Fantom (FTM) and Filecoin (FIL) have struggled, Fantom’s Gas Monetization Program gained momentum in July 2023, but it has lost its gains due to market correction. Filecoin’s price has fallen by 31.9% since its launch, largely due to regulatory issues and the shift to Gitbook. VC Spectra (SPCT), a venture capitalist fund, has outperformed all top altcoins with its massive presale mania and 220% profits. Despite these challenges, VC Spectra has outperformed all altcoins.
Instant (sub 500ms). Sonic was specifically designed for a new generation of apps; games, social, messaging, streaming etc. Sonic has the highest tps, lowest finality, and highest scaling ceiling of any blockchain currently.
Irrespective of your opinion on Fantom, this is a technological breakthrough that increases base layer scaling by 10x.
EVM is here to stay, Scholz's work increases throughput natively, this tech can be applied to any EVM without sacrificing compatibility. Blockchains are far… https://t.co/v7QKTXs0pz
One of our new Fantom employees isn't a crypto native, he just messaged me "you are going to hell for giving me this job, dragging me into your cesspool of greed and digital violence". He gets it.
