SotN#9 (PART 1) - PROPAGATING (WTF ARE YAMS, DEX VOLUME INSANE)
Bankless
00:00
Token Scarcity and DeFi Dynamics
This chapter examines token scarcity through the lens of a cryptocurrency focused on maintaining stable value, particularly comparing Ampleforth with traditional cryptocurrencies like Bitcoin. It delves into the unique attributes and criticisms of Ampleforth and YAMs, exploring their roles in decentralized finance while highlighting their governance and operational mechanics. The discussion also touches on Y-curve's function as a meta stable coin and the implications of previous funding strategies within the cryptocurrency space.
Play episode from 17:58
Transcript
