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.

YAM v1 (YAMV1) Price | YAMV1 to USD Price and Live Chart