YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero

oliverchloe
2022-10-27 09:08:31
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter.

Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance and Balancer, plunged as well.

Have you guys bought YAM tokens?
AndreasMAntonopoulos
2022-10-27 09:09:46

Woah.. Good thing I did not join the hype a few days ago. I was really wondering what that potato is all about and just found out that it is actually the token YAM. Poor investors who bought YAM at that time. Tsk3x.