DeFi 最新的新奇代币 YAM 在夸大的炒作中飙升

YAM 是 DeFi 中最新的实验性代币，尽管缺乏代码审计，但其价值却大幅上涨。凭借弹性供应和流动性挖矿等 DeFi 概念的独特组合，YAM 的市值在短短几个小时内就达到了 1350 万美元。然而，其未经测试的代码库引发了人们对其潜在漏洞的担忧，因为交易者急于在调整其供应的预定“重新基准”之前利用价格上涨。

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

YAM：DeFi 最新的新奇代币在夸大的炒作中出现

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 的创意，在去中心化金融（DeFi）社区引起了轰动，迅速从默默无闻成为交易量最大的代币之一。尽管缺乏正式的代码审计，YAM 仍然吸引了大量交易者，他们在几个小时内将其价格从零推升至 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 的出现是正在进行的“DeFi 夏季”的一部分，这一时期的特点是 DeFi 项目的受欢迎程度和价值激增。然而，与其他同类产品不同，YAM 并不旨在服务于特定目的。正如其创建者自己所描述的那样，YAM 只是一个“最低限度可行的货币实验”。

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.

尽管缺乏有形的实用性，YAM 仍然在 DeFi 爱好者中赢得了狂热的追随者。目前其市值超过1350万美元，24小时交易量超过2900万美元。交易者涌入的部分原因是 YAM 与 Uniswap 的集成，Uniswap 是一个去中心化交易所，允许用户为代币对提供流动性，并赚取平台原生代币 YAM 的份额。

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 的独特之处在于其弹性供应计划，其灵感来自 Ampleforth 的变基机制。按照预定的时间间隔，该项目的代码将动态调整代币供应量，以将 YAM 的价格维持在 1 美元左右。这种重新设定基准的过程吸引了寻求在调整生效之前利用潜在价格升值机会的交易者。

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 的迅速崛起也带来了一些警告。该项目的代码库尚未经过正式审计，这是创始人公开承认的事实。他们在 Medium 的一篇文章中表示：“目前尚未进行任何接近正式审计的严格程度。”

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 背后的团队由 Brock Elmore、Trent Elmore、Clinton Bembry、Dan Elitzer 和 Will Price 组成，强调没有预挖，没有风险投资资金，也没有创始人的股份。截至发稿时，试图联系该团队征求意见并未成功。

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."

团队并没有忽视该项目的快速增长，他们意识到缺乏正式审查所带来的风险。 “这是一个从开始到启动为期 10 天的项目，”Medium 文章写道。 “我们鼓励所有参与者进行尽职调查并谨慎行事。”

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 价值的飙升也对其他 DeFi 代币产生了连锁反应。 Uniswap 上可用于流动性挖矿的 8 种代币中，有 6 种在过去 24 小时内经历了积极的增长，其中，Compound 的 COMP 代币以 49% 的涨幅领跑，导致市值增加超过 3 亿美元。

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 的崛起证明了 DeFi 市场的投机性质，其中新颖性和社区意识往往比既定的基本面更重要。然而，它也强调了在投资长期前景不确定的新兴加密货币之前保持谨慎并进行彻底研究的重要性。