Andre Cronje says DeFi is ‘no longer DeFi’ as builders debate circuit breakers
Burns Brief
Flying Tulip’s Andre Cronje says circuit breakers can give teams time to respond during abnormal outflows, while Curve’s Michael Egorov warns they may create new human vulnerabilities The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Flying Tulip’s Andre Cronje says circuit breakers can give teams time to respond during abnormal outflows, while Curve’s Michael Egorov warns they may create new human vulnerabilities.
Key Takeaways
- Flying Tulip’s Andre Cronje says circuit breakers can give teams time to respond during abnormal outflows, while Curve’s Michael Egorov warns they may create new human vulnerabilities