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What is Yam V3 coin (YAM) and how does it work?

by Financial Economy

Yam Protocol (YAM) is an experimental protocol that brings together some of the most exciting innovations in programmable money and governance. In this article, you can find answers to questions such as what is Yam V3 coin (YAM), how does it work, how to get it, which exchange is available on, who is the founder, etc. You can browse here for information about Nebulas (NAS) coin.

What is Yam V3 (YAM) coin and how does it work?

Yam Protocol is software that runs on Ethereum and aims to incentivize a global network of users to run a cryptocurrency that reflects the price of the US dollar. It does this using a new crypto asset called YAM.

In this way, YAM is an example of a cryptocurrency often referred to as “stable money” or imitating the price of another asset. Popular examples of stablecoins include USDT and DAI.

YAM V3 token founders!

Yam Protocol has five founders: Brock and Trent Elmore, Clinton Bembry, Dan Elitzer (an investor with IDEO CoLab) and Will Price (a data scientist at research firm Flipside Crypto).

Which exchange is YAM V3 token on?

YAM V3 coin is listed on some cryptocurrency exchanges such as Gate.io, SushiSwap, etc.

How to buy YAM coins?

Yam Protocol coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

YAM token supply!

Total supply of YAM V3 coin is 15.164.030 units.

YAM token price!

As of March 6, 2023, at the time of the writing, 1 Yam Protocol Token price is around $ 0.216 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

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