Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.

Start Earning Interest

Why this fork of the DeFi’s Yam Finance just surged 5,000% on the day

If you were around during this past summer’s decentralized finance (DeFi) boom, you likely remember the countless “food forks.” After Yam Finance (YAM) launched in August, every project tried to copy it by making cryptocurrencies that were based on foods.

To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.

Join CryptoSlate Edge for in-depth market analysis and curated industry insights

Sign up for CryptoSlate Edge for thoughtful market analysis, compelling stories and curated crypto insights at an affordable price. These articles will not be published anywhere else.

In-depth market analysis

We dive deep into what the thought leaders are saying about the crypto market.

Curated industry insights

Gain an analytical edge from our world-class team of journalists who curate knowledge from the top crypto analysts.

Hide all advertisements

We hide all advertisements from CryptoSlate Edge subscribers.

Support independent journalism

We are guided by a strict editorial policy that emphasizes objectivity and transparency.

Join Now |$8.33/month Billed Annually
Pay with Crypto BTC · ETH · LTC · BCH · USDC · DAI