# Yama Airdrop Strategy

*Author: Jack Inabinet*
*Published: Apr 7, 2023*
*Source: https://www.bankless.com/fr/yama-airdrop-strategy*

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![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/04/image-7.png)* Last updated April 7th, 2023*

**Name:** [Yama](https://yama.finance/)
**Status:** Unconfirmed 🚫
**Confidence: **Low
**Sector:** Stablecoin
**Chains**: ARB

**Why we're watching:**
While Yama docs *don't* explicitly say a token is in the works, the project is still extremely fresh. Protocols typically opt to iron out their product before creating an airdrop roadmap.

Despite this, Yama docs *do* reference governance being able to set risk parameters, giving us an indication that there may be an airdrop in the future for early chain users.

**What is it?**
Yama is a novel omnichain stablecoin built on USDT that uses interest from borrowers to incentivize direct liquidity for swaps on Yama. The protocol offers high leverage – [up to 17x](https://twitter.com/YamaFinance/status/1641198655863660546?s=20) – on collateral, like GLP, and the design offers a host of benefits, including high relative levels of liquidity, zero fees or slippage on YAMA/USDT trades, and extremely high APYs for lenders.

**Maximize your eligibility by:**
**☐ **[Lending](https://yama.finance/app/lend) USDT for yield
**☐ **[Leveraging](https://yama.finance/app/borrow) up on exposure to GLP
**☐ **[Swapping](https://yama.finance/app/swap) USDT/YAMA natively with the PSM

#### **Learn More:**
- 📃 [What is Yama?](https://docs.yama.finance/)
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*This article is brought to you by [MetaMask](https://www.bankless.com/fr/sponsor/metamask-1776260643?ref=yama-airdrop-strategy)*