Yam is no longer among top 10 DeFi projects, it is among top 10 worst projects in 2020. This shows how important is development and audits, you can speed up the process only to use current market mood.

True, but strangely there are still many people who buy this token, and also yam have followed the trend like other DeFi tokens by making Yam 2.0, and now that hype of this project is coming back, I think they will make Yam 3.0 if Yam 2.0 fails.
Because the price has come down lower than the ICO price, so people are trying to speculate and hope that this project can grow in the future. This is a risky option because obviously this project is scam