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The current real-time price of YAM is $0.0054. In the past 24 hours, YAM has traded between $0.0054 and $0.0054, showing strong market activity. The all-time high of YAM is $41.4, and the all-time low is $0.0053.
From a short-term perspective, the price change of YAM over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of YAM on LBank.-12.39%
The live price of YAM today is $0.0054, with a current market cap of $80,971.82. The 24-hour trading volume is 3.54. The price of YAM to USD is updated in real time.
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Before deciding whether to buy or sell YAM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s YAM technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for YAM.
How much will YAM be worth tomorrow, next week, or next month in ? What about your YAM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! YAM Price Prediction
To learn more about YAM, consider exploring other resources such as the whitepaper, official website, and other published information:
In August 2020, shortly after launch, a critical bug was discovered in the rebasing contract. This bug minted an excessive number of tokens to the project's treasury, making it impossible for the community to reach a quorum to fix the issue. This effectively disabled the governance of the original treasury and led to the creation of subsequent token versions.
No. While Yam Finance originally pioneered the elastic supply model to maintain a peg, the community voted to disable the rebasing mechanism in December 2020. The scaling factor was fixed, and YAM transitioned into a standard governance token. It no longer automatically adjusts its supply.
The migration windows for transitioning from V1 to V2 and then to V3 have largely closed. YAMv3 is the current official version of the token. As the project is in a legacy state, liquidity for older versions is non-existent, and the official migration processes are no longer the primary focus of the DAO.
The project is currently in a stagnant or legacy state. YAM primarily functions as a governance token, allowing holders to vote on how the Yam Treasury assets are managed or spent. Discussions have recently focused on whether to dissolve the DAO and distribute the remaining treasury assets to token holders.
No. Yam Finance is considered a failed experiment rather than a scam. It featured a "fair launch" where founders received no initial token allocation. The developers publicly apologized for the technical errors in the original code, and the project has undergone multiple security audits since the V1 failure to ensure the safety of the current ecosystem.
In July 2022, a malicious actor attempted a governance takeover by submitting a hidden proposal designed to transfer the treasury assets to their own wallet. The community and developers successfully detected the attempt and thwarted the attack by canceling the proposal before it could be executed.
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