YAMs launched this week as an unaudited monetary experiment.
A day later it was locking up hundreds of millions with a market cap over $600m.
A day after that its governance function died due to an unrecoverable bug despite efforts to save it.
It’s alive…but stunted. A v2 is in the works.
Some saw it as a fun money game. A creative use of Ethereum for risk-seeking adults. Harmless.
Others saw it as toxic. An irresponsible project catering to the lowest common denominator.
What about you?
Did you love or hate YAMs?