YAM

What is YAM and how Does It Work?

YAM relates to Decentralized Finance (DeFi), Governance, Asset Management, Yield Farming, and Insurance, functioning within the Ethereum Ecosystem. It interacts with the Ethereum platform, adopting YAM V3. Running the Yam app requires JavaScript technology. Those who hold YAM can influence the direction of the token with chain voting, while also managing a treasury. Rewards in the form of additional YAM tokens are presented as an opportunity via engaging with the yield farming platform. Yam's assistance to further projects is available through Yam Grants on a specific platform. The group of individuals supporting Yam finance generate income through certain strategies.

The Vision and Mission Behind YAM

YAM is a decentralized token that promotes participation and democratic governance within the token ecosystem. Its unique attribute is the elastic supply protocol that allows it to adjust its supply depending on prevailing market scenarios. The added on-chain governance feature assigns decision-making power to token holders, presenting them with the capacity to shape the protocol's guidelines. Complementing these attributes, YAM correlates its value to the USD and activates a rebase function twice a day which aids in maintaining a consistent value for its users. In association with the rebase function, a part of the rebase is allocated to a treasury. This treasury functions as a decentralized autonomous organization (DAO) that YAM holders can use to back proposals. This functionality of the treasury prolongs beyond just maintaining the token balance; it reflects the project's commitment to social objectives, stepping beyond traditional functionalities of tokens.

How to Buy and Store YAM?

To purchase YAM, Flooz.xyz offers a streamlined process. Flooz.xyz is a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless YAM transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your YAM trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.

YAM Metrics:

• Current price: $0.0467

• Market cap: $690.88 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0