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What is YAM Finance?

YAM functions as the governance token for the YAM protocol, which is a decentralized cryptocurrency managed by its community members who oversee its treasury. This community has the ability to access and utilize treasury resources via YAM governance to facilitate the ongoing development of the protocol. Emphasizing a fair launch, open participation, and inclusivity, YAM nurtures a vibrant and swiftly growing treasury. Participants who engage in activities promoting YAM's advancement can earn YAM tokens as a reward. Moreover, the future trajectory of YAM is shaped by its holders through an on-chain voting mechanism, guaranteeing that every member can contribute to its progress. This arrangement not only empowers community-driven decision-making but also aligns the interests of all participants, fostering a collaborative environment for innovation. By collectively steering the project, the community ensures that it remains responsive to the needs and aspirations of its members.

What is Apricot?

Apricot Lend provides conventional lending and borrowing services that allow users to secure their assets for interest earnings while using those deposits as collateral to acquire loans in different assets. Additionally, Apricot X-Farm introduces a leveraged yield farming mechanism that facilitates cross-margin trading, enabling users to maximize their returns on existing investments. For example, when engaging in liquidity pool farming with USDT-USDC, most other leveraged farming platforms necessitate that users already hold a specific quantity of both stablecoins to participate. If users do not have these stablecoins available, they are required to convert other tokens into USDT and USDC before they can engage in farming activities. In contrast, Apricot X-Farm eliminates this barrier, allowing users to initiate farming without needing any USDT or USDC upfront. Instead, they can leverage their non-stablecoin assets as collateral to borrow the stablecoins with a leverage ratio of up to 3x, empowering them to start USDT-USDC LP farming right away. Once the stablecoins are borrowed, they are automatically staked and pooled to yield LP tokens, resulting in an impressive 3x return from the farming process. This innovative approach not only simplifies the process but also significantly enhances users' ability to optimize their investment strategies and achieve greater financial growth.

Media

Media

Integrations Supported

Birdeye.so
Coin98
Ethereum
Fortmatic
Ledger
MathWallet
MetaMask
Polygon
Portis
Slope
Solana
Solflare
WalletConnect

Integrations Supported

Birdeye.so
Coin98
Ethereum
Fortmatic
Ledger
MathWallet
MetaMask
Polygon
Portis
Slope
Solana
Solflare
WalletConnect

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Yam DAO

Company Website

yam.finance

Company Facts

Organization Name

Apricot

Company Website

apricot.one/

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