Early August a project came in the Ethereum ecosystem which bring the storm not only in DeFi world. Everyone is talking about YAM! YAM!! and YAM!!!
Let’s break the whole YAM and yield farming concept in a step by step way. If you have ever sent any transaction then you already know more then 80% of the whole concept.
What is YAM?
It’s an experimental defi protocol developed by Andre. He mashed up some of the exciting features of programmable money and governance.