| General information | |
|---|---|
| Global rank: | 3833 |
| Name: |
YAM V2 |
| Symbol: | YAMV2 |
| Current coin price (TJS): | 47.92 TJS |
| Last hour: | arrow_upward0.060 % |
| Last 24 hours: | arrow_upward0.690 % |
| Last 7 days: | 10.64 %trending_up |
| Capitalisation (TJS): | 0.000000 TJS |
| Volume 24h (TJS): | 1 035 651.53 TJS |
| Available supply: | 0.000000 YAMV2 |
| Algorithm: | ETH Token |
| Start date: | 19/08/2020 |
YAM V2/Tajikistani Somoni (YAMV2/TJS) price chart
YAM V2/Tajikistani Somoni (YAMV2/TJS) capitalisation and volume charts
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.