Gate has called on its users to vote for the YAM bug-fix proposal. Currently, the proposal has been approved preliminarily, and the vote will be ongoing for three more days before an ultimate decision is made. Learn more details via https://yam.finance/ (wallet binding is required) and https://twitter.com/YamFinance.
Gate has conducted a rebase in accordance with the YAM smart contract. Spot balances of YAM holders have become 8.30735X larger than the previous balance before the rebase was completed. Gate will carry out a second rebase on 8:00 AM GMT, August 13th, 2020 according to Yam Finance’s guidance. If things go as expected, YAM trading will resume at 8:30 AM GMT, August 13th, 2020. Sell orders can be placed 10 minutes before the resumption. Since the initial rebase led to a sharp increase in balance, the YAM price has dropped accordingly. To protect our users from a loss, we have canceled all the buy orders. The buy price will be adjusted after the market opens.
Trade YAM at https://www.gate.com/trade/YAM_USDT
Deposit YAM at https://www.gate.com/myaccount/deposit/YAM
Please note that due to the unique elastic supply features of YAM, users' YAM balances will be expanded or decreased every 12 hours (8:00 AM GMT, 8:00 PM GMT) based on the market conditions; additionally, 10% of each supply expansion is used to buy yCRV (a high-yield USD-denominated stablecoin) and add it to the Yam treasury. Based on the YAM smart contract eventlog, Gate will rebase (update) the user's YAM balances during 7:30 AM GMT to 8:30 AM GMT and 7:30 PM GMT to 8:30 PM during which the trading will be paused and the deposit amount will be updated.
Gate is a trading platform that does not charge listing fees, only
launches quality projects, and provides users with 100% guaranteed and
instant deposit-withdrawal services.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.com/myaccount/myreferrals
Click to Sign up ：https://www.gate.com/m#/register
Download it now at: https://www.gate.com/mobileapp
Scan and download at:
Gate New Features:
Spot Trading on Gate (200+ tokens):
https://www.gate.com/trade/BTC_USDT
Margin Trading on Gate (Long or Short):
https://www.gate.com/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.com/futures_trade/BTC_USD
Lending on Gate (secure and stable, high annual return):
https://www.gate.com/margin/lend/USDT
C2C Trading on Gate:
https://www.gate.com/c2c/usdt_cny
Download Gate APP:
https://www.gate.com/mobileapp
Download Wallet.io (ALL in ONE):
https://www.wallet.io/
Follow us and get updated at (Follow as to win bonus)
Facebook:
https://facebook.com/gateioglobal
Twitter:
https://twitter.com/gate_io
Telegram：
https://t.me/gate_zh
Instagram：
https://www.instagram.com/gateioglobal
Medium：
https://medium.com/@gateio
Gate
Aug. 13, 2020
