Yam Brief 11: Welcome To The Neighbourhood Sushiswap!
SushiHOUSE, Spaceship and uSTONKS NFTs, and More!
đ 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:
đ§Â Degenerative.Finance: Innovative synthetic assets.
âď¸Â Umbrella: Broad insurance coverage to keep DeFi users safe.
đ Â DAO House: Treasury diversification solutions for decentralised communities.
Join the community Discord to learn how you can get involved today.
đ Growth
Thereâs now $5.9M locked in Degenerative.Finance, an 80% retention despite the bonus uSTONKS YAM rewards ending!
Number of Yam Hodlers: 6.9K-7.4k
@yamfinance Twitter Followers: 22.3K
Discord members: 8.6K-9.0k
Treasury: $8M (Up +$343,410)
đ° News
SushiHOUSE Passes!
Welcome to the neighbourhood @SushiSwap đĄ Yam is building #sushiHOUSE to shelter SushiSwapâs most valuable asset â its treasury! đ° #DAOHouse by YAM is the market leader for treasury management. đ Read the full article to learn why: đ yamfinance.medium.com/yam-welcomes-sâŚThe Sushiswap community voted to diversify a portion of their treasury with DAO House!
Cometh YAM Spaceship NFT Competition
Thanks everyone for participating in our design competition to celebrate the addition of YAM to the COMETH L2 DEX.
Your YAM rockets were awesome! The winning fleet of NFTs to be included in COMETHâs space game will be announced shortly.
Museum of Fine Yams
The official Yam Finance NFT platform Museum of Fine Yams is alive!
Look out for announcements very soon for all $uSTONKS LPs, as well as a special surprise!
DAOHOUSE Newsletter by Krugman
Excited to share our portfolio manager @krugman25's newly launched newsletter DAO HOUSE DIGEST! đĄ Please dive in for updates on: - yamHOUSE Portfolio đ - sushiHOUSE on @SushiSwap snapshot đŁ - CT highlights đŚ Subscribe below! âď¸ daohouse.substack.com/p/march-2021-uâŚMake sure youâre subscribed to Krugmanâs monthly Yam DAO HOUSE newsletter, breaking down the latest treasury management news!
đ¨ Updates
Degenerative.Finance
Degen V2 Website Progressing nicely
Donât miss the Video Guides!
uGASMAR Settling
Umbrella:
UI continuation
Arbitration tools evaluation, with a goal of maximising fairness
DAO House
SushiHOUSEÂ vote passed and developments are moving forwards!
đĽ Community
Weekly Community Call
This week Chandler from UMA joined to answer all our communityâs questions. Find out why the UMA guys are so excited about our very own degenerative.finance, and what itâs been like working with the Yam core team!
Discord Spring Cleaning
There have been a number of improvements made to the community Discord server, with a goal of making the user experience easier and more rewarding.
If youâre not active in the community Discord youâre missing out!
Aside from the forum, the Discord server is where all of the key conversations and developments take place, with the core team active every day of the week!
Updates:
CoinGecko Bot (use !p yam to check price)
social-media channel to share Yam relevant tweets
Restructured/removed channels for simplicity
đłď¸ Governance
On-chain votes for:
Monthly contributor payments
Vesting streams for new contributors
Donât forget, all Snapshot votes are gas-free.
Register to vote today.
đ Thatâs all for this week!
Make sure to subscribe and come and say hello in our Discord community!
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