Yam Crashes 98.79%, Governance Can’t Save, Project Abandoned, Yam2 Coming

Yam Crashes 98.79%, Governance Can’t Save, Project Abandoned, Yam2 Coming

The price says it all. Yam is a big X following an unfixable inflationary bug that prevents even governance votes from addressing it.

“We submitted a governance proposal and cast a vote with what we originally believed were sufficient votes to be able to enact it.

Shortly thereafter, with help from security experts, we concluded that the rebaser bug would interact with the governance module and prevent this proposal from succeeding,” the Yam team said.

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