There are plenty of Yam holders who don’t want to sell for a multitude of reasons. I propose a Compound like system wherein, people can lend their yams/stablecoin and allow others to borrow yams/stablecoin
The team would need to build the platform, but wouldn’t need to contribute the capital. The yam community could determine this by contributing to the respective pools. Collateral to borrowing ratio should be relatively high initially, unless Yam finds significant price/mcap support.
This would give spending flexibility for holders who want to keep their yams. However, disclaimers would be necessary to inform users that collateral can be liquidated during adverse price swings.
Initially the borrowing and lending would only consist of Yam/stablecoins.