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ByYam

Throughout DeFi’s history, smart contract exploits have been a constant threat to the ecosystem, and it’s become clear that new risk management solutions must be created to supplement security audits. These solutions should be DeFi native, leveraging Ethereum’s unique capabilities, operating as open and permissionless, and balancing decentralized governance and immutability.

Yam's upcoming protection protocol is designed with these factors in mind, featuring perpetual ERC20 streaming coverage, immutable coverage pools, and a permissionless pool creation process that allows for customization and iteration over time.