What a DeFi Developer Departure Means for the Crypto Market Cycle

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.amazon.com/stores/page/4916F3EC-38E9-4873-9427-0A1375D7D96F"> <em><span style="font-weight: 400;">Arculus</span></em></a> <em><span style="font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">. </span></em></p> <p> </p> <p><span style="font-weight: 400;">One of DeFi’s best known developers, Andre Cronje, has left the industry. In this episode, NLW looks at how the markets and the broader crypto community are reacting to the news. In particular, he explores the shifting tone within the sector. Does this dev’s departure make a protracted winter more likely? </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">Take your crypto to the next level with</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <strong><em>Nexo</em></strong></a><em><span style= "font-weight: 400;">. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <em><span style="font-weight: 400;">nexo.io</span></em></a> <em><span style="font-weight: 400;">to receive up to a $100 welcome bonus. Valid through March 31.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://www.amazon.com/stores/page/4916F3EC-38E9-4873-9427-0A1375D7D96F"> <strong><em>Arculus</em></strong></a><em><span style= "font-weight: 400;">™ is the next-gen cold storage wallet for your crypto.