YAM: elastic supply cryptocurrency aiming for 1 USD, governed by community.
YAM is an elastic supply cryptocurrency targeting $1, with expansions used to buy yCRV and grow its treasury via community governance.
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View moreWhat is Yam (YAM)?
YAM is an elastic supply cryptocurrency that adjusts its supply according to market conditions, aiming initially for a value of 1 USD per YAM. This stability mechanism is enhanced by a unique feature: a portion of each supply expansion is used to purchase yCRV, a high-yield USD-pegged stablecoin, which is then added to the Yam treasury. The treasury is governed by the Yam community through decentralized governance processes. This approach builds upon existing elastic supply models like Ampleforth, introducing an additional layer of stability and community control.
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Yam price live information
As of now, Yam is trading at 0.01469 USD, with a 24-hour trading volume of approximately 0 USD. The YAM to USD price is updated in real time. Over the past 24 hours, Yam has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 14 790 819 YAM in circulation out of a maximum supply of 15 164 603 YAM.
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