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What is YAM V1

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What is YAM V1 (YAM)?

YAM V1 basic info

Name:YAM V1

Ticker:

YAMBuy now

Introduction:

Cryptocurrency YAM V1 offers a unique and innovative approach to decentralized finance (DeFi). Launched in 2020, YAM V1 aimed to create an elastic supply token that automatically adjusts its circulating supply based on market demand. Key Features: 1. Elastic Supply: YAM V1 operates on an elastic supply model, meaning the token supply can be expanded or contracted based on market conditions. This mechanism aims to maintain a stable price while ensuring that supply matches demand. 2. Governance and Treasury: YAM V1 introduced a governance system that allows token holders to participate in decision-making processes. Token holders can propose and vote on changes to the protocol, including adjustments to tokenomics and treasury management. 3. Rebase Mechanism: YAM V1 utilizes a rebase mechanism that adjusts the token supply at specific intervals. The rebase occurs when the price deviates significantly from the targeted price, incrementally increasing or decreasing the supply to stabilize the value. 4. Farming and Staking: YAM V1 offers opportunities for token holders to earn additional rewards through farming and staking. Users can provide liquidity to the platform's pools or stake their YAM V1 tokens to earn yield or governance rights. 5. DeFi Integration: YAM V1 integrates with various DeFi protocols, allowing users to engage in yield farming, lending, and borrowing activities. It aims to provide a seamless experience for participants seeking to benefit from the broader DeFi ecosystem. 6. Improvement and Iteration: YAM V1 is an evolving project that acknowledges the importance of community feedback. Continuous improvement and iteration are key goals, with the team actively developing new features and implementing community-approved changes. It is important to note that while YAM V1 brings unique features to the DeFi space, it also comes with associated risks. As with any cryptocurrency investment, thorough research and understanding are crucial before participating in YAM V1 or any other crypto project. Overall, YAM V1 represents an attempt to create a decentralized monetary system that adapts to market conditions through its elastic supply model while incorporating governance and integrating with other DeFi protocols to create a vibrant ecosystem.

Current price:

$0.07494More price details

All-time high:$174.2

All-time low:$0.00

YAM supply and tokenomics

Circulating supply:0 YAM

Total supply:32,575,725 YAM

Max supply:0 YAM

Market cap:$0.00

Fully diluted market cap:$2.44M

Links

Website:http://yam.finance/

X:https://twitter.com/YamFinance

Buy YAM V1 for $1Buy YAM now

What is the development prospect and future value of YAM?

The market value of YAM currently stands at $0.00, and its market ranking is #8619. The value of YAM is not widely recognized by the market. When the bull market comes, the market value of YAM may have great growth potential.

As a new type of currency with innovative technology and unique use cases, YAM has broad market potential and significant room for development. The distinctiveness and appeal of YAM may attract the interest of specific groups, thereby driving up its market value.

What will the price of YAM be in 2025?

Based on YAM's historical price performance prediction model, the price of YAM is projected to reach $0.1154 in 2025.

What will the price of YAM be in 2030?

In 2030, the YAM price is expected to change by -20.00%. By the end of 2030, the YAM price is projected to reach $0.2367, with a cumulative ROI of +215.84%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of YAM and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

YAM price YAM news

Is YAM worth investing or holding? How to buy YAM from a crypto exchange?

If you want to buy YAM, the following information may be helpful for your investment decisions:

In the last 7 days, the price of YAM has fallen by -6.11%, leading to negative returns for most YAM investors. The market is currently pessimistic about the price trend of YAM.

It is important to note that the current price of YAM has retreated by -99.96% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether YAM is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in YAM or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of YAM, if you want to buy or sell YAM, you can consider Bitget for your trading needs. The best place to buy YAM is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in YAM V1 has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy YAM V1. Here's a step-by-step guide on how to buy YAM V1 on Bitget.

Buy YAM now Coin buying guide

How to get YAM V1 through other methods？

Using cash to buy YAM V1 is not the only way to obtain YAM V1. If you have the time to spare, you can get YAM V1 for free.

Learn how to earn YAM V1 for free through the Learn2Earn promotion.

Earn free YAM V1 by inviting friends to join Bitget's Assist2Earn promotion.

Receive free YAM V1 airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to YAM V1 through Bitget Convert, Bitget Swap, or spot trading.

What is YAM V1 used for and how to use YAM V1?

The use case of YAM V1 may expand as the crypto market and the project itself develop. Currently, you can use YAM to achieve the following goals:

Arbitrage by trading YAM: Since YAM is a frequently traded cryptocurrency, the price of YAM is always fluctuating. Earn more YAM by buying low and selling high on the exchange. Bitget spot market provides a variety of YAM trading pairs to fully meet your needs.

Earn by staking YAM: You can also generate income through financial management methods such as staking YAM or lending YAM. Bitget Earn offers a variety of financial products designed to help you earn more income from your YAM.

Send or pay YAM: If you want to give YAM to your friends, a charity, or a fundraiser, or you want to pay someone with YAM, you can quickly and easily send YAM to the recipient through their payment address.

You can also go to the official website of the YAM V1 project to learn more about the use cases of YAM. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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