stYFI (Governance Staking)
Yearn’s current governance staking UX is built around stYFI (and stYFIx).
- stYFI: stake YFI to earn rewards and keep direct governance rights.
- stYFIx: a “set-and-forget” option that delegates voting power (recommended if you don’t want to manage governance actions yourself).
Where to use it
- stYFI dashboard: https://styfi.yearn.fi
- Migration + Liquid Lockers dashboard: https://veyfi.yearn.fi
Stake (YFI → stYFI / stYFIx)
Staking is a two‑step flow:
- Approve YFI for the contract you’re using.
- Stake YFI to mint
stYFIorstYFIx.
The interface uses exact‑amount approvals (not infinite approvals).
Unstake and withdraw (14‑day linear cooldown)
Unstaking starts a 14‑day linear cooldown:
- funds unlock gradually during the stream
- you can withdraw the currently unlocked portion without waiting for the full 14 days
If you add more to an active cooldown:
- any currently‑unlocked amount is auto‑withdrawn first (so it can’t be re‑locked), and
- the cooldown timer resets for the remaining streaming amount
The UI will warn you before you confirm a reset.
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 in the current implementation.
- 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.