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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

0.334855

YAM / GBPBritish Pound Sterling

0.038079

YAM / HKDHong Kong Dollar

0.404692

YAM / INRIndian Rupee

4.406653

YAM / JPYJapanese Yen

7.454496

YAM / MXNMexican Peso

0.97558

YAM / AUDAustralian Dollar

0.08207

YAM / TRYTurkish Lira

1.962212