Helpful resources:

• Spreadsheet to determine the split of collateral for minting and LPing
• Spreadsheet to simulate Collateral Ratios and TWAPs

How do I mint uSTONKS?

Yam hosted our first community AMA today on our Discord!

YAM Core Strategist Feddas answered questions submitted by the YAM Community. The conversation was organized by our community moderated Mona.

The following transcript was edited for clarity.

We’re excited to share a Degenerative Finance update!

First off, the big news: uSTONKS is now live on Degenerative Finance!

We’re happy to share a visual guide on how to use uSTONKS on Degenerative Finance!

This ELI5 handbook will showcase how to use all of Degenerative Finance’s features to create, trade, and manage your uSTONKS.

Dive in below to explore how to:

• MINT + LP uSTONKS (and earn UMA + YAM rewards!)
• LONG uSTONKS
• SHORT uSTONKS
• MANAGE YOUR uSTONKS
• SETTLE uSTONKS (after purchasing)
• REDEEM uSTONKS (after minting)
• COLLATERAL MANAGEMENT

Since our Degenerative Finance site is a work progress, we’ll update this guide regularly as we develop our UI + incorporate new Degenerative features!

We are excited to present DAO House! The First Treasury Management Solution Designed Just for DAOs.

Please Note: We initially announced uSTONKS as a Quarterly Token. uSTONKS has since been changed to a Monthly Token and the post below revised accordingly.

Our mantra within the Yam DAO has been “Innovation required. Tyranny rejected. Economics redesigned.” We dream of a financial system that is open, fair, uncensored and trustless. The recent events in the financial markets have been disheartening to see. We recognize this moment as a turning point for all the builders in Decentralized Finance. …

Hola Zombies! 🧟

We’re happy to share a visual guide on how to use Degenerative Finance!

This is an ELI5 handbook to simply show how to use all the functions of our Degenerative Finance site. Dive in below to learn how to:

• MINT + LP uGAS (and EARN UMA!)
• LONG uGAS
• SHORT uGAS
• MANAGE YOUR uGAS
• SETTLE uGAS (after purchasing)
• REDEEM uGAS (after minting)

Please note that our Degenerative Finance site is a work progress. We’ll update this guide as we develop our UI + incorporate new Degenerative features! For more in-depth insight into uGAS, please see our documentation page.

It’s no stretch to say that 2020 will be a year that we will all remember, no matter where in the world you’re reading this. But if there’s one thing about 2020 that we’re proud of, it’s this:

2020 saw the launch of Yam Finance!

Like any launch, ours has been a wild rollercoaster taking the community to breathtaking new heights and challenging lows. Through it all, we have learned, grown, and pivoted whenever necessary. But most importantly — we’re still here and kicking into high gear for 2021!

Yam has come a long way from its initial launch on…