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What 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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Global prices

YAM / DKKDanish Krone

0.305343

YAM / GBPBritish Pound Sterling

0.03484

YAM / HKDHong Kong Dollar

0.371171

YAM / INRIndian Rupee

4.067072

YAM / JPYJapanese Yen

6.815917

YAM / MXNMexican Peso

0.89657

YAM / AUDAustralian Dollar

0.075275

YAM / TRYTurkish Lira

1.799741