Yam Synths
  • Welcome to Yam Synths!
  • Overview
    • What can I do with Synths?
    • How Do I Use Synths?
      • How to Mint Synths
      • How to Earn Rewards
      • Where Can I Buy Synths?
      • How Do I Short Synths?
      • How Do I Manage Synths?
      • How Do I Settle Synths?
      • How Do I Redeem Synths?
    • How Do Synths Work?
      • How do Liquidations Work?
      • What are Priceless Synthetic Tokens?
      • What is the Data Verification Mechanism (DVM)?
      • What are the different Collateralization Ratios? (GCR vs CR)
    • How Do Rewards Work?
      • UMA Rewards Overview
      • Where are my Rewards?
      • How Much am I Earning?
    • FAQ
  • Synthetic Tokens
    • uPUNKS
      • Use Cases
      • Current Contracts
        • uPUNK-1221
      • Expired Contracts
        • uPUNK-0921
    • uGAS
      • Current Contracts
        • uGAS-1221
      • General uGAS Info
        • Getting started with uGAS
        • Use Cases
      • Expired Contracts
        • uGAS-JUN21
        • uGAS-MAR21
        • uGAS-FEB21
        • uGAS-JAN21
        • uGAS-0921
    • Deprecated Synths
      • uSTONKS
        • Current Contracts
          • uSTONKS-0921
        • General uSTONKS Info
          • Getting started with uSTONKS
        • Expired Contracts
          • uSTONKS-JUN21
          • uSTONKS-APR21
  • Additional Information
    • Yam Team
    • Glossary
    • Audits
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  1. Additional Information

Yam Team

Yam Synths is built with ❤ by Yam🍠 . Visit Yam's Discord for more information.

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Last updated 3 years ago

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Yam is a collaborative community innovating at the intersection of decentralized governance and programmable finance. We are a fair-launch DAO pushing the bounds of innovation and launching experiments to enable the very promise of what DeFi can become for the world: a global, permissionless financial ecosystem. We have partnered with UMA to push the bounds of synthetic derivatives on Ethereum to bring you Yam Synths

UMA builds open-source infrastructure for “priceless” financial contracts on Ethereum. Specifically, this is two things:

  • Priceless financial contract designs, which can be used to create synthetic tokens.

  • Data Verification Mechanism (DVM), a decentralized oracle service.

Together, these two technologies enable the creation of fast, efficient, and secure synthetic derivatives on the Ethereum blockchain. Currently, UMA’s financial contracts have over $50M in TVL with 6+ teams building synthetic derivative products on UMA’s financial infrastructure.

For more information:

For more information:

https://docs.yam.finance
UMA
https://docs.umaproject.org
YAM