Yearn Finance proposes replacing veyfi with the styfi token, a move aimed at capturing 90% of the protocolβs revenue for stakeholders and providing a clear migration path for current yfi holders. Styfi is introduced as a new governance token with liquid staking/stake-out capabilities, designed to secure 90% of protocol revenue. The token carries a 14-day staking waiting period and time-weighted voting power. Existing veyfi holders can switch to styfi with a diminishing reward multiplier, and thereβs a return-assurance program for those making the switch. yfi $TOKEN, $IN, $YFI
ChainFuse
ChainFuse
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