DFI.Money, which recovered slightly after the 74% decline in the last 24-hour period and rose back to the $700 levels, came up with Rug Pull claims.
DFI.Money (YFII), a community-based decentralized finance (DeFi) protocol, a fork of Yearn Finance, has experienced a huge drop in the past 24 hours and is about the protocol. Rug Pull allegations were raised.
Gaosfu, one of the YFII developers, made a statement to a local Chinese media; There was no attack on the system, there was no problem with the supply of YFII, or the company had any not selling explained. The developer denied rug pull claims.
Financial experts, looking at the on-chain data of the cryptocurrency, speculate that there is no rug pull situation, but that the drop is a “market sell-off”. The circulating supply has not increased, and no sales in company data supports this idea.
Previously, the cryptocurrency exchange Binance, of YFII had delisted some of its pairs and YFII/USDT, YFI/BTC removed its currency pairs from futures.