YAM looks like a scam... or to be more charitable, fairly transparent pump and dump nonsense. Projects like this are not going to be good for defi... What am I missing? Are the buyers willing participants in a silly game, or are people alleging actual value?

>"Yam Finance claims to bring fairness to farming with new elastic supply token"

The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.

The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg to the USD.

Some are giving YAM a thumbs down....let's us see what it comes out to be.

>"Yam Finance claims to bring fairness to farming with new elastic supply token"

wow

We have built Yam to be a minimally viable monetary experiment, and at launch there will be zero value in the YAM token.

Only people who have unlimited money can invest in this token because it can happen very soon.

The trial Yam Protocol is the discussion of Crypto Twitter at the present time — with many amped up for the large expected returns, while others stress over the dangers.

The most recent furor in the Defi area is another yield cultivating convention called Yam which guarantees 'equivalent chance' marking with no pre-mine, no organizer shares, and a zero worth token at dispatch.

The developers claimed it was an unaudited experiment all along. People FOMO in without looking where they are going.

This is the great and perfect project. Hopefully, there are many people to invest too, because your rating it's so nice.

yeah maybe risky

and it is rekt!!!! scam exit of 48 hour old coin? YUM YUM

Yam

This is mainly due to DeFI growth.

Either risky or not, boom or not, fingers crossed if the DeFi market will affect it, version 2 of yam finance is loading

yaa

Yam finance which claims its was a bug in their website and is on its phase two, well let's see how it goes but mind you holders needs to be careful

Farming is good

I heard they rugpulled the other day right? 😬

Please resvote my post, please.