Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. On Wednesday afternoon Yam Finance developers revealed a bug in the smart contract and after the announcement, the project’s token tumbled in value. At the time of publication, many digital currency advocates are talking about a new decentralized finance (defi) project called Yam Finance. The protocol combines…
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Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug