Equity Overview
Price & Market Data
Price: $0.0244
Daily Change: +$0.00205 / 8.39%
Range: $0.0223 - $0.0268
Market Cap: $370,100
Volume: 8
Details
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 YAM. The other versions are also available on CryptoCompare at YAMV1 or YAMV2.Discord | Github | Forum