What is YAM Finance?
YAM Finance is new yield farming experimental protocol in Elasticity, Governance and Fair Farming. The YAM follows similar structure like Ampleforth i.e. flexible supply that expand or decrease according to market demand. Elastic Supply that seek eventual price stability. YAM follow YFI method of distribution that means no perming, no founder and team shares and no VC interest.
YAM project employed a fork version of Compound governance model. Initially, YAM token while launching was traded at Zero value, as value of token will be depended on YAM holder i.e. work as governance token. YAM holder can enter into YAM ecosystem that determine future development that happen entirely on-chain. Yam protocol is given time-locked governance contract and that controlled by YAM holders. The full on-chain governance that enable decentralized control and growth that start from day 1 of project launch.
YAM currently available on Uniswap v2 where it is distributed across eight staking that include compound, chainlink, maker synthetix token, Yearn finance, Ampleforth and WETH. YAM introduce unique and equal strategy in staking and distribution to attract board and vision aligned community.
YAM Price Prediction
| Month & Year | YAM Price Prediction |
|---|---|
| March 2023 | #VALUE! |
| April 2023 | #VALUE! |
| May 2023 | #VALUE! |
| June 2023 | #VALUE! |
| July 2023 | #VALUE! |
| August 2023 | #VALUE! |
| September 2023 | #VALUE! |
| October 2023 | #VALUE! |
| November 2023 | #VALUE! |
| December 2023 | #VALUE! |
| January 2024 | #VALUE! |
| March 2024 | #VALUE! |
| April 2024 | #VALUE! |
| July 2024 | #VALUE! |
| October 2024 | #VALUE! |
| January 2025 | #VALUE! |
| February 2025 | #VALUE! |
| March 2025 | #VALUE! |
| April 2025 | #VALUE! |
| May 2025 | #VALUE! |
| June 2025 | #VALUE! |
| July 2025 | #VALUE! |
| August 2025 | #VALUE! |
| September 2025 | #VALUE! |
| October 2025 | #VALUE! |
| November 2025 | #VALUE! |
| Decemeber 2025 | #VALUE! |
| January 2030 | #VALUE! |
| March 2030 | #VALUE! |
| May 2030 | #VALUE! |
| July 2030 | #VALUE! |
| September 2030 | #VALUE! |
| December 2030 | #VALUE! |
Serum Price Prediction | JUST Price Prediction
YAM Overview
| Project name | YAM Finance |
| Ticker Symbol | YAM |
| Total Supply | 5,000,000 YAM |
| Official website | Yam.finance |
| Based on | DeFi |
| Launched year | 2020 |
| All-time high | $6.66 USD |
| Exchange Platform | Binance, Uniswap, |
| Wallet | Metamask |
YAM Finance Price Analysis
Yam upgraded to version 3 and till now project has changed total three version. in 2020, Yam after start trading with new V3 was trading above $2 USD and then it dropped below $1 USD. in early 2021, Yam V3 hits new all time high after reaching $6.49 USD and then after holding resistance at $3.20 USD it start loosing huge volume and resulting that Yam now trading at $0.19 USD. Yam total market cap is sitting at $1 million and in last 24 hours only $50k volume traded on exchanges.
YAM finance listed on 12th August 2020 on both CMC and coingeko, as per report YAM was very close to hit $150 USD mark after Binance listing. YAM was trading $32.01 USD lowest and comparing with initial price i.e. almost 2x surged in price. it supports multiple DeFi on the platform to earn YAM Token that minimize risk and also gives full governance control over community. As per Coinmarketcap YAM Finance reaches to $133.5 USD. on uniswap v2 1.5 million YAM token was distributed from total 3 million of distribution.
FAQ
How much YAM Worth in 2030?
Probably trading $25 USD
Where YAM Token Can Store?
Metamask Wallet
is YAM a Good Investment?
Long term only.
Conclusion
YAM value entirely depended on community that takes full control on ecosystem. YAM is another DeFi Project that emerging in the era of DeFi on the blockchain. YAM still consider as risky but after listing on uniswap and Binance, it started gaining market cap volume. it based on Compound, Year Finance and Ampleforth project as all this project already in the top space by market cap volume.
