YAM V3 will be reactivated on September 18
On September 15, Yam Finance officials said that the audited, fully functional Yam agreement would be reactivated on September 18. Meanwhile, Gitcoin Grant funds will be used for sponsorship of bug discoverers in addition to audit.
The new YAM V3 will include a new pool, YAM V3 / yUSD Uniswap LP, which will scoop out a total of about 925,000 YAMv3 rewards, with 92,500 YAM V3 mined in the first week followed by a 10 per cent reduction in the number of mines mined each week. The new pit will start on 19 September.
Earlier, PeckShield, a blockchain security company, officially announced that it had completed a security audit of YAM V3.
It is reported that the YAM V2 migration to YAM V3 has no time limit, the token will be 1:1 issue. Of this, 50 per cent of the token is immediately available and the remaining 50 per cent is released within 30 days.
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
Related Articles
