YAM V2 Rank 3580
$12.793204
YAM V2 Rank 3580
Website Twitter
0 YAMV2

YAM V2
YAM V2
YAMV2

YAM V2 Price
$ 12.79

YAM V2 24h Vol
$114,805

YAM V2 Market Cap
$0

24h Vol
2 BTC
1 H
-0.79 %
24 H
-1.25 %
7 d
-1.2 %
Today YAM V2 price in US dollars is currently 12.79 USD, and if converted to Bitcoin is 0.00027001 BTC. A total of N/A are currently circulating in the Market. YAM V2 price is currently experiencing a change of -1.25 %, and check here all cryptocurrency. Over the past 24 hours 0.001 M US dollars YAM V2 have been traded on Crypto Exchanges. Get YAM V2's progress by adding it to your favourites and creating a free portfolio.
Full Name
YAM V2
Symbol
YAMV2
Algorithm
ETH Token
BTC Price
0.00027001 BTC
BTC Market
0 BTC
BTC 24h Vol
2 BTC
Total Coins Mined
0 YAMV2
1h
-0.79 %
24h
-1.25 %
7d
-1.2 %
Twitter
Website
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Description

Description


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.

Following a successful audit of the migration contract from Peckshield, Yam Finance is proceeding with the YAMv1 to YAMv2 migration process.

The YAMv1 to YAMv2 migration contract was live from 4:20PM UTC, 8/19, and YAMv1 tokenholders were able to migrate for 72 hours, until 4:20PM UTC 8/22. All YAMv1 tokens were eligible for migration, but YAM had to be harvested from staking contracts to migrate.

The YAMv2 token is a vanilla ERC-20 token to be used as a placeholder for off-chain voting while YAMv3 is audited. The YAMv3 launch timing is not yet determined and subject to both community voting and audit timing.


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