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Liquid Lockers (LLYFI)

The governance dashboards support a curated set of liquid locker tokens (LLYFI), such as:

  • sdYFI (StakeDAO)
  • upYFI (1UP)
  • coveYFI (Cove)

You can manage them in the veYFI / LLYFI dashboard: https://veyfi.yearn.fi

What you can do today​

For each supported token, the dashboard provides:

  • Stake: approve → deposit into that token’s depositor contract
  • Unstake: start a 14‑day linear cooldown and withdraw unlocked amounts over time
  • Trade:
    • Sell LLYFI → YFI (exit): subject to an exit fee and limited by capacity and available YFI inventory
    • Buy YFI → LLYFI (enter): currently fee‑free, limited by available LLYFI inventory held by the redemption contract

Cooldowns and partial withdrawals​

LLYFI staking uses the same cooldown semantics as stYFI:

  • starting an unstake begins a 14‑day linear stream
  • you can withdraw whenever an unlocked portion is available
  • adding more to an existing cooldown resets the timer for the remaining stream (and auto‑withdraws anything currently unlocked first)

Caps, inventory, and fees (trade)​

Trade availability is constrained by protocol limits:

  • exits (LLYFI → YFI) can be blocked by per‑token capacity, overall YFI inventory, or both
  • the UI previews the current exit fee and disables the action when limits are hit
Price and liquidity

LLYFI tokens can trade above or below their notional backing and exits may not always be available in size. Always review the preview (fee + limits) before confirming a trade.

Contract addresses​

Mainnet deployment addresses: stYFI Contract Addresses.

Last updated on