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YAM v1
$0.0₃9591
0.00%
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YAM v1 Price Converter
YAM v1 Information
YAM v1 Supported Platforms
| YAM | ERC20 | ETH | 0x0e2298E3B3390e3b945a5456fBf59eCc3f55DA16 | 2020-08-11 |
About YAM v1
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 the YAM v1 and serves as historical data. The other versions are also available on CryptoCompare at YAM or YAMV2.