DeFi 最新的新奇代幣 YAM 在誇大的炒作中飆升

YAM 是 DeFi 中最新的實驗性代幣，儘管缺乏程式碼審計，但其價值卻大幅上漲。憑藉彈性供應和流動性挖礦等 DeFi 概念的獨特組合，YAM 的市值在短短幾個小時內就達到了 1350 萬美元。然而，其未經測試的程式碼庫引發了人們對其潛在漏洞的擔憂，因為交易者急於在調整其供應的預定「重新基準」之前利用價格上漲。

YAM: DeFi's Latest Novelty Coin Emerges Amidst Inflated Hype

YAM：DeFi 最新的新奇代幣在誇大的炒作中出現

YAM, the brainchild of Yam Finance, has caused a stir within the decentralized finance (DeFi) community, rapidly ascending from obscurity to become one of the most traded tokens. Despite lacking a formal code audit, YAM has attracted a significant number of traders who have driven its price from zero to $138 within a span of hours.

YAM 是 Yam Finance 的創意，在去中心化金融（DeFi）社區引起了轟動，迅速從默默無聞成為交易量最大的代幣之一。儘管缺乏正式的代碼審計，YAM 仍然吸引了大量交易者，他們在幾個小時內將其價格從零推升至 138 美元。

YAM's emergence is part of the ongoing "DeFi summer," a period marked by a surge in the popularity and value of DeFi projects. However, unlike its counterparts, YAM is not intended to serve a specific purpose. As its creators themselves describe it, YAM is merely a "minimally viable monetary experiment."

YAM 的出現是正在進行的「DeFi 夏季」的一部分，這段時期的特點是 DeFi 專案的受歡迎程度和價值激增。然而，與其他同類產品不同，YAM 並非旨在服務特定目的。正如其創建者自己所描述的那樣，YAM 只是一個「最低限度可行的貨幣實驗」。

Despite its lack of tangible utility, YAM has managed to garner a fervent following among DeFi enthusiasts. Its market capitalization now exceeds $13.5 million, with a 24-hour trading volume of over $29 million. This influx of traders has been driven in part by YAM's integration with Uniswap, a decentralized exchange that allows users to provide liquidity for token pairs and earn a share of the platform's native token, YAM.

儘管缺乏有形的實用性，YAM 仍然在 DeFi 愛好者中贏得了狂熱的追隨者。目前其市值超過1,350萬美元，24小時交易量超過2,900萬美元。交易者湧入的部分原因是 YAM 與 Uniswap 的集成，Uniswap 是一個去中心化交易所，允許用戶為代幣對提供流動性，並賺取平台原生代幣 YAM 的份額。

YAM's unique feature is its elastic supply schedule, inspired by Ampleforth's rebasing mechanism. At predetermined intervals, the project's code will dynamically adjust the token supply in order to maintain YAM's price at approximately $1. This rebasing process has attracted traders seeking to capitalize on potential price appreciation before the adjustments take effect.

YAM 的獨特之處在於其彈性供應計劃，其靈感來自 Ampleforth 的變基機制。按照預定的時間間隔，該專案的程式碼將動態調整代幣供應量，以將 YAM 的價格維持在 1 美元左右。這種重新設定基準的過程吸引了尋求在調整生效之前利用潛在價格升值機會的交易者。

However, YAM's meteoric rise has not been without its caveats. The project's codebase has not undergone a formal audit, a fact that the founders have openly acknowledged. In a Medium article, they state: "Nothing approaching the rigor of a formal audit has been conducted at this time."

然而，YAM 的迅速崛起也帶來了一些警告。該專案的程式碼庫尚未經過正式審計，這是創辦人公開承認的事實。他們在 Medium 的一篇文章中表示：“目前尚未進行任何接近正式審計的嚴格程度。”

The team behind YAM, consisting of Brock Elmore, Trent Elmore, Clinton Bembry, Dan Elitzer, and Will Price, emphasizes that there was no pre-mine, no venture capital funding, and no founders' share. Attempts to reach the team for comment were unsuccessful as of press time.

YAM 背後的團隊由 Brock Elmore、Trent Elmore、Clinton Bembry、Dan Elitzer 和 Will Price 組成，強調沒有預挖，沒有風險投資資金，也沒有創始人的股份。截至發稿時，試圖聯繫該團隊徵求意見並未成功。

The project's rapid growth has not gone unnoticed by the team, who are aware of the risks associated with its lack of formal scrutiny. "This was a 10-day project from start to launch," the Medium article reads. "We encourage all participants to conduct their due diligence and to proceed with caution."

團隊並沒有忽視該專案的快速成長，他們意識到缺乏正式審查所帶來的風險。 「這是一個從開始到啟動為期 10 天的項目，」Medium 文章寫道。 “我們鼓勵所有參與者進行盡職調查並謹慎行事。”

The surge in YAM's value has also had a ripple effect on other DeFi tokens. Six of the eight coins available for yield farming on Uniswap have experienced positive gains in the past 24 hours, with Compound's COMP token leading the pack with a 49% surge, resulting in a market capitalization increase of over $300 million.

YAM 價值的飆升也對其他 DeFi 代幣產生了連鎖反應。 Uniswap 上可用於流動性挖礦的8 種代幣中，有6 種在過去24 小時內經歷了積極的增長，其中，Compound 的COMP 代幣以49% 的漲幅領跑，導致市值增加超過3 億美元。

YAM's rise to prominence serves as a testament to the speculative nature of the DeFi market, where novelty and a sense of community can often outweigh established fundamentals. However, it also highlights the importance of exercising caution and conducting thorough research before investing in emerging cryptocurrencies with uncertain long-term prospects.

YAM 的崛起證明了 DeFi 市場的投機性質，其中新穎性和社區意識往往比既定的基本面更重要。然而，它也強調了在投資長期前景不確定的新興加密貨幣之前保持謹慎並進行徹底研究的重要性。