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YAM Price Has Dropped by ≈ 98% Due to a Bug

  • August 14, 2020
YAM Price Has Dropped by ≈ 98%

The popular DeFi token YAM has lost more than ≈ 98% of its value within a few minutes as a “potential flaw” gets uncovered.

YAM described the bug in detail, saying that the YAM rebasing contract was minting far more YAM than intended to sell to a Uniswap pool.


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