YAM Shuts Down Within 48 Hours, $750K yCRV Lost
Yam Finance has been abruptly buried in less than 2 days of action, following a failure in the rebasing portion of its code. $750,000 yCRV tokens are believed to be stuck in the protocol, indefinitely. https://t.co/4LxmUexNhv
— Yam Finance (@YamFinance) August 13, 2020 The team has since released an update on their now-failed rescue attempt of the protocol and what comes next for the project.
Yam Finance broke all sorts of DeFi records, peaking at over $600 million in total locked value … … More