YAMV2
YAM V2 Rank 3831
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0 YAMV2
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YAM V2
YAM V2 Price $ 5.03
$ 5.03
YAM V2 24h Vol
$111,468
$111,468
YAM V2 Market Cap $0
$0
24h Vol
5 BTC 1 H
-0.3 %
24 H
3.15 %
7 d
-0.02 %
Today YAM V2 price in US dollars is currently
5.03
USD, and if converted to Bitcoin is
0.00021862
BTC. A total of N/A are currently circulating in the Market. YAM V2 price is currently experiencing a change of 3.15 %, 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
0.00021862 BTC
BTC Market
0 BTC
BTC 24h Vol
5 BTC
Total Coins Mined
0 YAMV2
1h
-0.3 %
24h
3.15 %
7d
-0.02 %
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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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