🍠 Welcome to Yam DAO
Yam Finance is a Decentralised Autonomous Organization building innovative, accessible financial products. All decisions are made by YAM token holders, a passionate and welcoming community working and sharing the rewards together.
Yam is headlining three core products:
🧟 Degenerative.Finance: Innovative synthetic assets built with UMA.
☂️ Umbrella: Broad insurance coverage to keep DeFi users safe.
🏠 DAO House: Treasury diversification solutions for decentralised communities.
Join the community Discord to learn how you can get involved today.
Despite the downtrends in crypto markets YAM continued to grow!
There’s now $8.2M locked in Degenerative.Finance
Number of Yam Hodlers: 6.9K
@yamfinance Twitter Followers: 22.6K
Discord members: 8.6K
Treasury: $6.9M plus ~$1m in locked $SUSHI rewards
SushiHOUSE Vote LiveThe Snapshot vote for SushiHOUSE is now active! 🏡 SushiHOUSE marks a pivotal proof of concept for Yam DAOHouse, helping communities safeguard their treasuries with active diversification. 💰 Vote Option 1 for $10m diversification:🗳️ snapshot.org/#/sushi/propos… $YAM
The Sushiswap community are voting on SushiHOUSE.
This is an incredible opportunity for Yam Finance, showcasing how our treasury management approach is the best in class for DeFi leaders.
Make sure to participate in the gas-free Snapshot vote if you’re a SUSHI holder!
Option 1 would see the $10M of treasury diversification.
Cometh YAM Spaceship NFT Competition
Time to get creative Yam Gang! A Cometh spaceship NFT is up for grabs for the best Yam Spaceship design.
There’s a bonus 50 $YAM prize for the the most creative hashtag too!
Community members have already been showing their creative genius, so why not join our Discord to get involved?
We’re running a survey to better understand how users think about Yam Finance, Yam products, and inform community growth efforts moving forward!
We’d love it if you had 2 minutes to share your thoughts.
Degen V2 Website Progress From Indigo
NFT airdrop for $uSTONKS LPs over $10k will be announced shortly!
uGASJUN21 currently yielding 125% APR!
uGASMAR21 trading at 5% discount!
Preparing contract deployment
L2 research and development underway
Exciting visuals and brand design
SushiHOUSE vote is live!
Weekly Community Call
We hope everyone enjoyed this week’s community call! Catch up on all the details above!
UMA LoveFrom all of us at to all of you at – a Super-Sized Thank You! 🙏 Everybody at Yam Finance is feeling the UMA love. ❤️ Our communities’ partnership is truly something special. Thread 👇
Working with the UMA protocol community has been nothing short of a blessing. Thank you for everything! The partnership is growing stronger and we can’t wait for what’s coming next!
On-chain votes for:
Monthly contributor payments
Vesting streams for new contributors
Sushiswap Snapshot vote for SushiHOUSE, which will help the Sushi community diversify a portion of their $300M treasury.
Don’t forget, all Snapshot votes are gas-free.
Register to vote today.
👏 That’s all for this week!
Make sure to subscribe and come and say hello in our Discord community!