Gams - Is It a Good Idea?

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Yam launched with no formal ordet. It was immediate spike in over six hundred million in under twenty four hours. I think the real a kind of process around the audit, the lack of audit, really gets into this catch twenty two that you have when you are fair launching a a protoco in. And i think it's fair to say that something like fairlarge capital, which is helping new projects audit their code before they launch, like, i don't think that would exist without yams or food coins....

Today, Su and I talk to Will Price and Trent Elmore of YAM.finance.

YAM launched last month as a mix between Yearn’s fair launch, Ampleforth's supply elasticity, and Compound’s on-chain governance. And while its launch was short-lived (it had to shut down from a bug only two days later), it inspired a whole wave of food coins that tried to replicate its initial success. In this episode, we explore what made YAM so successful and what might be in store for the future.

Will Price https://twitter.com/will__price

Trent Elmore https://twitter.com/trentelme

Su Zhu https://twitter.com/zhusu

Hasu https://twitter.com/hasufl