[https://cryptonews.net/421732/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared](https://cryptonews.net/421732/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared) When Yearn Finance (YFI) creator Andre Cronje tweeted about his new credit lending and loans product, Deriswap, today, a bunch of opportunistic scammers jumped in to ride out its immediate popularity. One such pool made over $53,000 in under 30 minutes.

Cronje is seen in crypto circles as a prolific developer with a Midas touch. Hype and a “fair” launch (and an extremely low 30,000 supply cap) caused the token prices of his first project, YFI, go from under $30 in July to a peak of $42,000 in September. As a result, hopefuls would pile inordinate amounts of money into subsequent Cronje projects—like Keep3r Network and the now-defunct Eminence—to bank on quick profits, even though they weren't fully tested.