The latest trend in the DeFi sector is a new yield farming protocol known as YAM, which pledges uniform opportunity staking with no pre-mine, no founder shares, and a zero value token at launch. It is a great day for any YAM farmer, as they will be presented with another yield farming protocol.
This latest experimental YAM protocol is the newest crypto trending online. Many YAM farmers are already getting excited about a huge return prospect, while others are still concerned about the risks. The newly launched projects present an elastic supply token that is similar to the defi crypto Ampleforth, which can expand and contract depending on the market conditions, intending to seek price stability and a peg to the USD.