YAM Brief #16: Yam Synths, $uPUNKS and #PUNKFICTION!

Yam Synths is live! Plus the upcoming PUNKFICTION NFT drop.

🍠 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 four core products:

🧟 Yam Synths: Innovative synthetic assets.
☂️ Yam Protection: Coverage to keep DeFi users safe.
🏠 Yam Treasuries: Treasury diversification solutions for decentralized communities.
🏛️ Museum of Fine Yams: NFT drops and metaverse events.


Join the community Discord to learn how you can get involved today.

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📰 News

Yam Synths and uPUNKS Live!

Yam DAO @YamFinance

1/ YAM SYNTHS and $uPUNKS ARE LIVE! 🎉 $uPUNKS is a synthetic asset tracking the average price of ALL @larvalabs #CryptoPunks $NFTs. 🚀 Earn $YAM and $UMA rewards, hedge punk exposure, and much more! 🔥 @YamFinance 🤝@UMAprotocol medium.com/yam-finance/ya…

Yam Synths is LIVE! An all-new platform letting anyone easily mint synthetic assets.

uPUNKS provides exposure to the ENTIRE CryptoPunk NFT market.

Head to https://synths.yam.xyz to gain punk exposure or provide liquidity to earn as high as 617% APR!

CryptoPunk holders can also mint uPUNKS and sell to open a short position, hedging their NFT exposure without having to sell their NFT. When prices drop you will be able to purchase uPUNKS and close your position at a lower price, pocketing the difference.

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PUNKFICTION

Yam DAO @YamFinance

We're ecstatic to share a preview of the first Museum of Fine Yams NFT drop 🎉 #PUNKFICTION is a series of exclusive 1/1 manga heroines. Launching soon! Stay tuned for updates on our discord: discord.gg/nKKhBbk

We’re thrilled to announce PUNKFICTION, the first Museum of Fine Yams NFT drop!

This will be an exclusive drop, so make sure to join the Discord community for the latest information.

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Yam Lending Market With Rari Capital

Rari Capital DAO 🏎 @RariCapital

[VOTE] - Whitelist @YamFinance as Fuse Pool Creators! “Yam’s initial Fuse pool would be set up with the goal of creating the first liquid lending market for Yam token holders in a lower/average risk Fuse pool” snapshot.org/#/rari/proposa…

We’re thrilled to be exploring a YAM lending market with Rari Capital.

The market will be a valuable addition for the YAM community!

Make sure to catch up on the latest community call with Rari’s Jai Bhavnani if you missed it!

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Museum of Fine Yams Gallery

Yam DAO @YamFinance

mu·se·um /myo͞oˈzēəm/ noun a building in which objects of historical, scientific, artistic, or cultural interest are stored and exhibited. 'The Museum of Fine Yams' 👉 yam.museum 👈

Did you explore the MOFY metaverse gallery yet?

yam.museum

Make sure to get involved in upcoming metaverse exhibitions and artist events!

The first event will be announced this week.

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Thank You

Thank you to everyone in the community and those who made all our recent developments possible, as well as the UMA and Rari communities.

Stay tuned for a very special announcement regarding this week’s community call on Thursday 17:00 UTC.

You won’t want to miss this one.

Discord.