DefiLlama drama emerged Sunday as one of the project’s pseudonymous co-founders directed people to a forked version of the blockchain data platform on Twitter, warning of a hostile takeover sparked by a potential token launch.

“There is an ongoing attempt to launch a token that does not represent us,” said 0xngmi. “We don’t want to be associated with it.”

0xngmi said the person with control of DefiLlama’s web domain and Twitter account had made the decision to announce the forthcoming launch of a DefiLlama token, despite internal pushback from the team. The move led 0xngmi to establish the website llama.fi and a corresponding Twitter account, which had gained over 6,000 followers as of Sunday afternoon.

The website closely resembles defillama.com except for the omission of links to a few tools, such as the DefiLlama-branded news website DLNews and Web3 infrastructure service LlamaNodes.

0xLlam4, another pseudonymous co-founder of Defi

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Author: André Beganski

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