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. The YAMv3 launch timing is not yet determined and subject to both community voting and audit timing.
Vollständiger Name | YAMv2 (YAMV2) |
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Anfangsdatum | N/A |
Algorithmus | ETH Token |
Beweisart | N/A |
Webseite | https://yam.finance/ |
@YamFinance | |
N/A | |
N/A | |
Blocknummer | N/A |
Zeit blockieren | N/A |
Belohnung blockieren | N/A |
Insgesamt abgebaute Münzen | N/A |
Bisherige insgesamt abgebaute Münzen | N/A |
Netto-Hashes pro Sekunde | N/A |