DeFi Llama Announces it is Not Launching its Own Token
Main page News, Altcoins, DeFi
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March 21, 2023

The team of analytics platform DeFi Llama has just announced the project does not intend to issue a token of its own.

According to the release:

"The DeFiLlama team would like to apologize for the events that unfolded yesterday, as a result of poor communication and a misunderstanding within the team."

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The day before, a developer with the nickname 0xngmi, on behalf of the team, announced the launch of a DeFi Llama fork called He said the split was caused by a disagreement with the decision to issue a platform token, which was made by "the person who controls both defillama's twitter and domain."

The new platform was an exact copy of DeFi Llama. At the time of writing, the domain automatically redirects to the original platform.

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The team has assured:

"We would like to put what happened behind us. There is no LLAMA token currently planned, and any airdrop will be discussed with the community, as every important decision is."

The platform team has indicated they intend to follow a more transparent policy to avoid repeat events.

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