YAM v2 (YAMV2) - USD

$ 46.34
1 year ago
(-0.94%)
Market cap.
$ 1.18 M
Vol 24h
YAMV2 0 ($ 0)
Low/High 24h
$ 46.05 - $ 47.32
Open 24h
$ 46.78
EUR GBP JPY CNY BTC

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.

Following a successful audit of the migration contract from Peckshield, Yam Finance is proceeding with the YAMv1 to YAMv2 migration process.

The YAMv1 to YAMv2 migration contract was live from 4:20PM UTC, 8/19, and YAMv1 tokenholders were able to migrate for 72 hours, until 4:20PM UTC 8/22. All YAMv1 tokens were eligible for migration, but YAM had to be harvested from staking contracts to migrate.

The YAMv2 token is a vanilla ERC-20 token to be used as a placeholder for off-chain voting while YAMv3 is audited. 

Currently, there are 3 versions of YAM, this page refers to the YAM v2 d will serve as historical data . The other versions are also available on CryptoCompare at YAM or YAMV1.

Discord | Github | Forum

Try our free YAM v2 (YAMV2) portfolio tracker if you want to efficiently keep track of your YAMV2 and other coin/token investments.