On September 22, YAM finance provided details on its development focus for the near future, after having relaunched its platform in the wake of a critical bug that halted the original version.

• Saying that the relaunch of YAM was “to largely replicate the initial YAM parameters” for the purpose of expediting governance and auditing
• Most parameters remain the same from V1, but the rebasing period has increased to 12 hours
• Four areas of development have been highlighted including protocol optimization, treasury management, organization needs, and interface and usability
• Specific tasks include liquidity incentives, yield-bearing strategies, an on-chain governance interface, Uniswap routing and ecosystem growth
• YAM co-founder Trent Elmore said that it would ultimately be up to the community members to decide what challenges and opportunities to tackle first
• The new YAMv3 token is currently valued at ~$3

Related Reading:

• Timeline of YAM Finance