Official Message from YFII Core Developer posted on Chinese Weibo and YFII Official Wechat Group (translated from Chinese).
25 May 2022, 09:18
Official Message from YFII Core Developer posted on Chinese Weibo and YFII Official Wechat Group (translated from Chinese).
2022/05/25
YFII core Developer: No new YFII has been minted and YFII has not been attacked
In view of today's YFII slump, YFII core developer Gao Master (Gao Jin) said on Chinese social media, Weibo, that YFII was not attacked, nor did it increase in quantity nor was it used for salary.
YFII core team does not have the right to issue additional tokens (all tokens are mined) and there is also no way to issue tokens to themselves.
Previously, the team did have more than 50 YFII and several ETH. The YFIIs were from buy back, and the ETHs were sold when Uniswap airdropped UNI, all transaction records are available on the blockchain.
The team did not receive any money. Instead, it spend at least 10 ETH in the deployment of the contract using its own money. At that time, the price of ETH was relatively low, so there was no reimbursement. The records are all available in the chains.
Same news in other sources
1
26 May 2022, 01:34
Official Message from YFII Core Developer posted on Chinese Weibo and YFII Official Wechat Group (translated from Chinese).
2022/05/25
Official Message from YFII Core Developer posted on Chinese Weibo and YFII Official Wechat Group (translated from Chinese).
Official Message from YFII Core Developer posted on Chinese Weibo and YFII Official Wechat Group (translated from Chinese).
2022/05/25 https://t.co/Qo6txtGf01