Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’

Spread the love

Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He 'Failed'Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that he was sorry he “failed.” On Wednesday, well […]

The post Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

You have not selected any currencies to display