An employee-management disagreement on DefiLlama around the launch of a company token led to a ‘hostile takeover’ situation for the decentralized finance analytics platform.
DefiLlama developer under the handle 0xngmi had taken to Twitter to explain the dispute on March 19. However, it was brushed aside as a ‘misunderstanding,’ a day later.
Alleged DefiLlama Developer Takeover
The conversation of a DefiLlama takeover started on Twitter after developer 0xngmi claimed that the team was forking the platform.
The developer alleged on Sunday that the platform’s new token does not represent the team. He said, “The person who controls both defillama’s twitter and domain has decided to launch a token despite everybody in the team not wanting it.”
