..... anddddddd it's gone!
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Yikes!
Hope nobody here lost on this crap.
FYI, this guy explains how/why YAM imploded: https://twitter.com/LefterisJP/statu...98474304438272
There was no security audit and hundreds of millions still thrown into the project, unbelievably stupid
The creator of YAM finance had this to say:
"i’m sorry everyone. i’ve failed. thank you for the insane support today. i’m sick with grief"
more articles about it:
https://cryptopotato.com/yam-finance...s-his-failure/
https://cointelegraph.com/news/rebas...yam-governance
https://coinjournal.net/news/yam-has...law-was-found/
the creator of YAM is apologizing too btwTalkBitcoins.com
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Tone Vays said it best:
So I just googled $YAM and learned the project was TWO days old & had a $60M MCap
I want to say #Bitcoin fixes this! But unfortunately, there is no solution for 'Stupid'.TalkBitcoins.com
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