€ 0.01262
2 months ago
(-0.12%)
YAM is an elastic supply crypto asset, where the supply expands and contracts in response to market conditions with the aim of targeting a 1 USD peg per YAM. One of the interesting differentiators about YAM’s approach is that 10% of each supply expansion (known as a rebase) is used to buy yCRV, a high-yielding basket of USD stablecoins, and is allocated to the Yam treasury which is controlled via community governance.
Currently, there are 3 versions of YAM, this page refers to YAM. The other versions are also available on CryptoCompare at YAMV1 or YAMV2.
Try our free YAM (YAM) portfolio tracker if you want to efficiently keep track of your YAM and other coin/token investments.