Thread by @Darrenlautf, The y-pool on Curve has gone crazy again and it's because of [...]

The y-pool on Curve has gone crazy again

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf"> and it& #39;s because of $YFI ( https://coingecko.com/en/coins/yearn-finance),">https://coingecko.com/en/coins/... which is the governance token of http://yearn.finance"> http://yearn.finance . Here& #39;s a guide on how to farm it!

The y-pool on Curve has gone crazy againhttps://abs.twimg.com/emoji/v2/... draggable=

and it& #39;s because of $YFI ( https://coingecko.com/en/coins/... which is the governance token of http://yearn.finance . Here& #39;s a guide on how to farm it!" title="The y-pool on Curve has gone crazy againhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf"> and it& #39;s because of $YFI ( https://coingecko.com/en/coins/... which is the governance token of http://yearn.finance . Here& #39;s a guide on how to farm it!" class="img-responsive" style="max-width:100%;"/>

There& #39;s 3 pools to farm $YFI:
yearn - needs y-curve tokens, gets $YFI
balancer - needs $YFI and DAI, gets $YFI and $BAL
Governance - needs $YFI and y-curve, gets $YFI, $BAL, $CRV

Read more here https://medium.com/@andre_54855/pool-3-meta-yield-governance-58f68e6d2f19">https://medium.com/@andre_54...

Pool #3 Meta Yield Governance

Pool #1 was an introduction to yearn.finance

https://medium.com/@andre_54855/pool-3-meta-yield-governance-58f68e6d2f19

Step 1 : Getting y-curve tokens

Go to https://www.curve.fi/iearn/deposit

Input">https://www.curve.fi/iearn/dep... the amount and choose deposit and stake. Confirm all transactions

Tip : do it before Asian waking hours for cheaper gas fees

Step 1 : Getting y-curve tokensGo to https://www.curve.fi/iearn/dep... the amount and choose deposit and stake. Confirm all transactions Tip : do it before Asian waking hours for cheaper gas fees

Step 2 : After deposit and stake go to https://ygov.finance/stake ,">https://ygov.finance/stake&quo... connect your wallet and click on stake and then yearn. By right it should show you a 0 for your balance (mine shows 116.02) and an amount for your currently staked (0.81)

After a while, you can claim rewards : $YFI

Step 2 : After deposit and stake go to https://ygov.finance/stake&quo... connect your wallet and click on stake and then yearn. By right it should show you a 0 for your balance (mine shows 116.02) and an amount for your currently staked (0.81)After a while, you can claim rewards : $YFI

Step 3 : After getting $YFI (buy

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack"> from balancer using DAI/y-curve tokens /farm

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧑‍🌾" title="Farmer" aria-label="Emoji: Farmer">)

Check https://yieldfarming.info/ ">https://yieldfarming.info/">... to see which pool gives you the better APY, right now pool 2 gives you the most APY.

So how do I farm pool 2?

Step 3 : After getting $YFI (buy https://abs.twimg.com/emoji/v2/... draggable=

from balancer using DAI/y-curve tokens /farmhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🧑‍🌾" title="Farmer" aria-label="Emoji: Farmer">)Check https://yieldfarming.info/">... to see which pool gives you the better APY, right now pool 2 gives you the most APY.So how do I farm pool 2?" title="Step 3 : After getting $YFI (buy https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack"> from balancer using DAI/y-curve tokens /farmhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🧑‍🌾" title="Farmer" aria-label="Emoji: Farmer">)Check https://yieldfarming.info/">... to see which pool gives you the better APY, right now pool 2 gives you the most APY.So how do I farm pool 2?" class="img-responsive" style="max-width:100%;"/>

Pool 2 is a 98% $DAI/2% $YFI pool. To see how much $DAI/ $YFI you need, first go to https://pools.balancer.exchange/#/pool/0x60626db611a9957C1ae4Ac5b7eDE69e24A3B76c5

Click">https://pools.balancer.exchange/... Add liquidity, and input the amount under deposit amount (don& #39;t use Max), unlock the token (2 txns) and add liquidity (1 txn)

You& #39;ll get $BPT from this.

Pool 2 is a 98% $DAI/2% $YFI pool. To see how much $DAI/ $YFI you need, first go to https://pools.balancer.exchange/... Add liquidity, and input the amount under deposit amount (don& #39;t use Max), unlock the token (2 txns) and add liquidity (1 txn)You& #39;ll get $BPT from this.

With your $BPT go back to https://ygov.finance/stake ,">https://ygov.finance/stake&quo... choose the Balancer pool and stake your tokens. After successful, your currently staked amount will update. After a while you& #39;ll get $YFI to claim, you can sell this or stake it (later)

With your $BPT go back to https://ygov.finance/stake&quo... choose the Balancer pool and stake your tokens. After successful, your currently staked amount will update. After a while you& #39;ll get $YFI to claim, you can sell this or stake it (later)

But what if you want $CRV tokens too? Then you need to farm using pool 3: Governance. (98% y-curve (refer step 1), 2% $YFI)

Go to https://pools.balancer.exchange/#/pool/0x95C4B6C7CfF608c0CA048df8b81a484aA377172B,">https://pools.balancer.exchange/... unlock tokens and add liquidity, get BPT in exchange

Note : $CRV isn& #39;t out yet.

But what if you want $CRV tokens too? Then you need to farm using pool 3: Governance. (98% y-curve (refer step 1), 2% $YFI) Go to https://pools.balancer.exchange/... unlock tokens and add liquidity, get BPT in exchangeNote : $CRV isn& #39;t out yet.

After getting the BPT from this, go back to https://ygov.finance/staking ">https://ygov.finance/staking&q... and select Governance. Stake your BPT and your currently staked will update, you can then earn $YFI and $CRV and $BAL!

Note : BPT for this pool and pool 2 are different. Make sure it& #39;s the right pool.

After getting the BPT from this, go back to https://ygov.finance/staking&q... and select Governance. Stake your BPT and your currently staked will update, you can then earn $YFI and $CRV and $BAL! Note : BPT for this pool and pool 2 are different. Make sure it& #39;s the right pool.

Is that all? Kinda yes, you can just claim your $YFI and enjoy financial freedom but what if you want to do more?
What if you want the platform to be better?

Go to https://ygov.finance/ ">https://ygov.finance/">... choose vote and you can see all the proposals here, read more on https://gov.yearn.finance/ ">https://gov.yearn.finance/">...

If you like or don& #39;t like a proposal, you can just click Vote For or Vote Against.

Note : Voting will lock your tokens in the Governance pool around ~3 days until vote ends.

But wait why the heck would I lock my tokens??

https://abs.twimg.com/emoji/v2/... draggable="false" alt="😡" title="Schmollendes Gesicht" aria-label="Emoji: Schmollendes Gesicht">

If you like or don& #39;t like a proposal, you can just click Vote For or Vote Against. Note : Voting will lock your tokens in the Governance pool around ~3 days until vote ends.But wait why the heck would I lock my tokens??https://abs.twimg.com/emoji/v2/... draggable=

" title="If you like or don& #39;t like a proposal, you can just click Vote For or Vote Against. Note : Voting will lock your tokens in the Governance pool around ~3 days until vote ends.But wait why the heck would I lock my tokens??https://abs.twimg.com/emoji/v2/... draggable="false" alt="😡" title="Schmollendes Gesicht" aria-label="Emoji: Schmollendes Gesicht">" class="img-responsive" style="max-width:100%;"/>

Well for rewards duh

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">

After voting, go back to https://ygov.finance/stake ">https://ygov.finance/stake&quo... and choose fee rewards, you can then stake your y-gov tokens (that you get from Pool 3) and earn more rewards (system fees) ~$54,288 USD over next ~7 days

And that& #39;s it.

Well for rewards duh https://abs.twimg.com/emoji/v2/... draggable=

After voting, go back to https://ygov.finance/stake&quo... and choose fee rewards, you can then stake your y-gov tokens (that you get from Pool 3) and earn more rewards (system fees) ~$54,288 USD over next ~7 daysAnd that& #39;s it." title="Well for rewards duh https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">After voting, go back to https://ygov.finance/stake&quo... and choose fee rewards, you can then stake your y-gov tokens (that you get from Pool 3) and earn more rewards (system fees) ~$54,288 USD over next ~7 daysAnd that& #39;s it." class="img-responsive" style="max-width:100%;"/>

Note : this is not financial advice, please only put in the funds you are willing to use. If you feel this is sketchy, you can always not use the platform, I& #39;m just writing a guide, there& #39;s risks so DYOR. Anyways to those that want to do this, enjoy your yield :D #freealpha

Here& #39;s a good read on $YFI by @Cooopahtroopa @DeFiRate https://defirate.com/yfi-governance-token/

Useful">https://defirate.com/yfi-gover... links:
https://yearn.finance/
https://yearn.finance/">... href=" https://www.coingecko.com/en/coins/yearn-finance
https://www.coingecko.com/en/coins/... href="https://twitter.com/search?q=%24YFI&src=ctag">$YFI Etherscan https://etherscan.io/token/0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e
Y-curve">https://etherscan.io/token/0x0... Etherscan
https://etherscan.io/token/0xdf5e0e81dff6faf3a7e52ba697820c5e32d806a8
Balancer">https://etherscan.io/token/0xd... https://balancer.exchange/#/swap/0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e">https://balancer.exchange/...

iEarn Releases YFI Governance Token with Liquidity Mining - DeFi Rate

Learn more about iEarn and the YFI governance token which can only be earned through usage of different liquidity pools from the DeFi liquidity aggreagtor.

https://defirate.com/yfi-governance-token/

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