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YAMV1
YAM v1
$0.0₃6724
0.00%
Open
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High
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1H
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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.