| General information | |
|---|---|
| Global rank: | 1957 |
| Name: |
|
| Symbol: | YAM |
| Current coin price (PHP): | 2.19 ₱ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_downward-4.28 % |
| Last 7 days: | -3.57 %trending_down |
| Capitalisation (PHP): | 32 324 451.03 ₱ |
| Volume 24h (PHP): | 15 108.44 ₱ |
| Available supply: | 14 749 372.00 YAM |
| Total coin supply: | 5 000 000.00 YAM |
| Algorithm: | ETH Token |
| Start date: | 11/08/2020 |
YAM V3/Philippine Peso (YAM/PHP) price chart
YAM V3/Philippine Peso (YAM/PHP) 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.