Yam is similar to a decentralized bank that manages capital and deploys it in various ways. Jam has a huge will, hav huge, in theory, treasury that acts on its own right. It can be kind of a singular, large counterparty to various financial transactions. And so there's actually some very different, very different ways that you can leverage a larger capital base like that as a counterparty....
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