Down to the Wire: Yam Finance Saved at the Last Minute

Cointelegraph

Published Aug 13, 2020 01:46AM ET

Updated Aug 13, 2020 03:20AM ET

After a tense day, the most talked about new decentralized finance (DeFi) protocol YAM Finance has overcome a near-catastrophic code error.

The future of Yam Finance was abruptly thrown into question earlier today when a bug in the protocol’s code resulted in excessive YAM reserves being minted — rendering it “impossible to take any future governance actions.”

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