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YAM Finance
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YAM Token: A Resilient Supply DeFi Token That Underwent a Restart
YAM is the native token of the YAM Finance protocol, launched in 2020 with the aim of mimicking the USD price through daily supply adjustments. Its development has been quite tumultuous, with a vulnerability discovered on its launch day leading to locked funds. It subsequently underwent two version iterations, reaching YAMv3. As a community governance project, YAM faces challenges in maintaining price stability, and its total value locked has significantly declined from its historical highs. Currently, the token can be found trading on some decentralized exchanges, but with limited liquidity.
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YAM Token: A Resilient Supply DeFi Token That Underwent a Restart
YAM is the native token of the YAM Finance protocol, launched in 2020 with the aim of mimicking the USD price through daily supply adjustments. Its development has been quite tumultuous, with a vulnerability discovered on its launch day leading to locked funds. It subsequently underwent two version iterations, reaching YAMv3. As a community governance project, YAM faces challenges in maintaining price stability, and its total value locked has significantly declined from its historical highs. Currently, the token can be found trading on some decentralized exchanges, but with limited liquidity.
YAM Finance
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