1. Programme Name
2. Project Introduction
Yam is an experimental protocol building upon the most exciting innovations in programmable money and governance. Built by a team of DeFi natives, it seeks to create:
• an elastic supply to seek eventual price stability
• a governable treasury to further support stability
• fully on-chain governance to enable decentralized control and evolution from Day 1
• a fair distribution mechanism that incentivizes key community members to actively take the reins of governance.
YAM has been updated to YAMV2. Migration from YAMv1 to YAMv2 is now live: Migration will be possible for all v1 tokens for 72 hours, from 4:20PM UTC 8/19 to 4:20PM UTC 8/22. After the deadline, migration will be impossible.
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.
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