yYB
$ 0.000
YB
$ 0.000
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YB has been unleashed
Now let's get itunlocked

How does it work?

Stake

Each week, Yearn's veYB position earns revenue from protocol fees and optimized vote incentives. This is converted to crvUSD stablecoin and distributed to yYB stakers at the start of the week.

To begin earning your share, all you need to do is stake your yYB tokens in the staking contract. You're free to unstake them at any time with no lock-ups or penalties.

Boost

The longer you stake, the greater your boost! Yearn's yYB staking contract incentivizes long-term users by boosting their yield (up to a maximum of 2.5x).

You'll reach max boost and achieve the maximum staking APR less than four weeks after depositing your yYB.

Weight

To calculate your boost, the staking contract maintains a weight for every deposit (which is a function of the amount of yYB you have staked and the duration since it was staked).

For example, stake 100 yYB and your initial weight will be 50 yYB. At 00:00:00 UTC the following Thursday, your weight will increase to 100, then 150, then 200, and finally 250 (on the fourth Thursday following your deposit).

Rewards

Each week, Yearn claims its share of protocol fees and optimized vote incentives. These are swapped for yield-bearing crvUSD yVault tokens (XXX) and deposited directly into the reward distributor contract.

Your rewards accrue week over week and are never lost if unclaimed. In fact, they begin earning you additional crvUSD yield from the moment we receive them! When claimed, XXX vault tokens will be received directly to your wallet.

And for the yYB maxis…

Not interested in staking, weights, and manual claims? Just want more yYB and the highest APYs? Then our yYB auto-compounding vault is for you!

Once a week, the vault claims its boosted share of crvUSD from the yYB staker contract, swaps it for more $yYB, and deposits it back into the staker. On top of that, the vault is whitelisted - allowing it to earn max boost immediately on all reinvested yYB.

For more information on yYB and the yLockers ecosystem, read our docs.