DefiLllama, a decentralized finance knowledge website, is disputing its management as a single group member has tried to launch a token with out wider approval.

Two “llama” websites now exist

DefiLlama was initially launched circa October 2020 at defillama.com. Now, a virtually equivalent website has been launched at llama.fi.

0xngmi, one member of the DefiLlama venture, mentioned on March 19 that almost all of the group launched the second website as a consequence of a “hostile takeover.” He defined that there’s an “ongoing try” to launch a crypto token with out the group’s approval.

One other member, Tendeeno, said that 0xngmi’s statements have been professional. He further suggested that only one particular person — 0xLlam4 — is making an attempt to launch the token.

Tendeeno acknowledged that 0xLlam4 created DefiLlama however mentioned that 0xngmi turned answerable for improvement after becoming a member of the group. He additionally asserted that 0xngmi is answerable for salaries, leads the group, and is DefiLlama’s authorized majority proprietor.

0xLlam4 reportedly intends to launch a token in opposition to the group’s needs as a consequence of a scarcity of website income. As a result of 0xLlam4 controls the DefiLlama web site and its Twitter account, different members of the group can’t instantly forestall this final result.

0xLlam4 has made few public statements, and it’s unclear if or when he intends to launch the alleged crypto token. His Twitter profile is at the moment non-public and there doesn’t look like any technique of contacting the developer.

Which website will survive?

Each websites at the moment present the identical important instrument ⁠— a leaderboard that lists numerous DeFi tasks and shows the entire quantity of crypto locked in these tasks. CryptoSlate has used the location’s knowledge in lots of current reviews on matters equivalent to liquid staking, stablecoin layer 2 inflows, Cardano’s DeFi community, and Huobi change outflows.

Whereas llama.fi seems to have majority group backing, it’s unclear whether or not the location will achieve attracting customers provided that defillama.com has operated for over two years.

The 2 websites could also be reunified if the 2 events come to an settlement.