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stYFI (Governance Staking)

Yearn governance staking is centered on stYFI and stYFIx:

  • stYFI: stake YFI, earn rewards, and retain direct governance rights.
  • stYFIx: a more passive option that delegates voting power (recommended if you do not want to manage governance actions directly).

Read more about the How and Why of stYFI in this blog post

Where to use it​

Stake (YFI → stYFI / stYFIx)​

Staking is a two-step flow:

  1. Approve YFI for the selected staking contract.
  2. Stake YFI to mint stYFI or stYFIx.

The UI uses exact-amount approvals (not infinite approvals).

Unstake and withdraw (14-day linear cooldown)​

Unstaking starts a 14-day linear cooldown:

  • funds unlock linearly over time
  • you can withdraw the currently unlocked amount at any point during the stream

If you add more to an active cooldown:

  • the cooldown timer resets for the entire cooldown position (existing amount + new amount)
  • any amount that was already withdrawable is re-locked (so it's best you withdraw any available amount before you start a new cooldown)

Rewards (claim yvUSDC)​

Rewards are claimable from the stYFI dashboard and are paid in yvUSDC (a Yearn vault token).

Notes:

  • stYFIx does not auto-compound.
  • Rewards accrue separately and still need to be claimed.

If you have legacy veYFI​

If you held a legacy veYFI lock, you may be able to migrate it to the current system and activate a boost used by the dashboards.

See: Migrate from veYFI.

Contract addresses​

Mainnet deployment addresses: stYFI Contract Addresses.

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