Imagine having a governance token and nobody votes
YAM’s core developer Belmore just tweeted “I’m sorry everyone. I’ve failed. thank you for the insane support today. I’m sick with grief.” His apology refers to the failure of executing a proposal about the recent YAM rebasing bug, where YAM’s tokenholders and miners had helped vote to save this protocol yet couldn’t push it through. Citing data from CoinGecko, YAM price slumped by 99.2% in the past 24 hours, currently trading at $0.62.