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YAM cryptocurrency is a type of digital currency characterized by:
Fixed Supply: The total supply of YAM coins is approximately 73 million. This figure was set at the initial issuance of YAM coins to maintain the scarcity of the currency, thereby safeguarding its value to a certain extent.
Blockchain Technology: YAM cryptocurrency is based on blockchain technology, featuring decentralisation, transparency, and tamper-resistance.
Risk: As a crypto asset, YAM coins are subject to price fluctuations and risks, necessitating caution from investors.
Regulation: Crypto assets, including YAM coins, must adhere to relevant laws and regulatory requirements to prevent money laundering and other illegal activities.
Technological Applications: The underlying technology of YAM coins can be applied to various financial services and transactions, including asset tokenization and smart contracts.