# I own a little $YFI, now what? **URL:** \ **Category:** General Chat\ **Created:** [22 August 2020 02:21 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186 "2020-08-22T02:21:40Z")\ **Posts on this page:** 17\ **Page:** 1
**Author:** ![jakingsley](https://avatars.discourse-cdn.com/v4/letter/j/db5fbb/32.png) [@jakingsley](https://gov.yearn.fi/u/jakingsley)\ **Post date:** [22 August 2020 02:21 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/1 "2020-08-22T02:21:40Z")
I’ve read about staking and voting and am a bit confused. I understand that with the latter, you are allowed a say in the governance of the funds as a $YFI holder. Is that correct? I don’t understand what staking is at all. ---
**Author:** ![Substreight](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/substreight/32/114_2.png) [@Substreight](https://gov.yearn.fi/u/Substreight)\ **Post date:** [22 August 2020 02:30 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/2 "2020-08-22T02:30:16Z")
You can stake your YFI in ygov to vote on proposals. Voting allows you to earn a share of fees. Once you vote, your YFI will lock for 3 days. ---
**Author:** ![jakingsley](https://avatars.discourse-cdn.com/v4/letter/j/db5fbb/32.png) [@jakingsley](https://gov.yearn.fi/u/jakingsley)\ **Post date:** [22 August 2020 02:39 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/3 "2020-08-22T02:39:08Z")
Is there a minimum or maximum staking limit? What currency do you earn the fees in? Is your share distributed based on your contribution to the pool? ---
**Author:** ![Substreight](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/substreight/32/114_2.png) [@Substreight](https://gov.yearn.fi/u/Substreight)\ **Post date:** [22 August 2020 02:46 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/4 "2020-08-22T02:46:16Z")
- Nope - yUSD (the yCRV LP token) - Yes ---
**Author:** ![jakingsley](https://avatars.discourse-cdn.com/v4/letter/j/db5fbb/32.png) [@jakingsley](https://gov.yearn.fi/u/jakingsley)\ **Post date:** [22 August 2020 02:49 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/5 "2020-08-22T02:49:20Z")
Can you recommend a ycurve tutorial? ---
**Author:** ![Substreight](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/substreight/32/114_2.png) [@Substreight](https://gov.yearn.fi/u/Substreight)\ **Post date:** [22 August 2020 02:59 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/6 "2020-08-22T02:59:50Z")
[https://www.learnyearn.finance/vaults/crv-usdc](https://www.learnyearn.finance/vaults/crv-usdc) [https://www.curve.fi/rootfaq](https://www.curve.fi/rootfaq) Note that there is a yCRV LP token (what is being rebranded to yUSD), which you receive once providing liquidity to Curve’s Y pool. Then you can deposit your yUSD into the respective vault on yearn.finance to earn more yield. ---
**Author:** ![jakingsley](https://avatars.discourse-cdn.com/v4/letter/j/db5fbb/32.png) [@jakingsley](https://gov.yearn.fi/u/jakingsley)\ **Post date:** [22 August 2020 03:05 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/7 "2020-08-22T03:05:38Z")
What are the chances my aLink in the vault will be lost forever? I know theres a chance I’m just not sure how. ---
**Author:** ![kbandla](https://avatars.discourse-cdn.com/v4/letter/k/cc9497/32.png) [@kbandla](https://gov.yearn.fi/u/kbandla)\ **Post date:** [22 August 2020 06:14 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/8 "2020-08-22T06:14:20Z")
there is a 100% chance of loosing funds in any vault. When yaults are auto enabled with insurance, then they will be safer to use. ---
**Author:** ![Daft](https://avatars.discourse-cdn.com/v4/letter/d/7ab992/32.png) [@Daft](https://gov.yearn.fi/u/Daft)\ **Post date:** [22 August 2020 13:14 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/9 "2020-08-22T13:14:38Z")
I thought Staking allows to to earn but only after you have vote that you can withdraw. So if i stake today after 7 days i will have some rewards even if i haven’t voted - rewards will continue to accrue - however i can only claim after i vote. ---
**Author:** ![yearned](https://avatars.discourse-cdn.com/v4/letter/y/90db22/32.png) [@yearned](https://gov.yearn.fi/u/yearned)\ **Post date:** [22 August 2020 13:32 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/10 "2020-08-22T13:32:51Z")
Two options: stake YFi in ygov ([https://ygov.finance/](https://ygov.finance/)) or deposit into YFi vault ([https://yearn.finance/vaults](https://yearn.finance/vaults)). - **ygov** earns a proportional share of system fees which are denominated in yCRV ( itself an index of stablecoins). Currently ~$70k/day profit. Has 3-day lockup. - **vault** provides an APY denominated in $YFi, so you earn a proportional share of the YFi it buys with profit (currently ~8% APY). Has .05% withdraw fee. We need both: - The YFi _vault_ provides protection against speculator takeovers by encouraging tokenholders to stay within the Yearn ecosystem. During token price decline the ongoing purchase pressure of the vault rewards depositors with a higher APY denominated in YFi. - On the other hand, YFi _ygov_ staking is how you earn the profit generated by the entire Yearn ecosystem and this profit is denominated in the stablecoin index yCRV. ---
**Author:** ![Daft](https://avatars.discourse-cdn.com/v4/letter/d/7ab992/32.png) [@Daft](https://gov.yearn.fi/u/Daft)\ **Post date:** [22 August 2020 13:53 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/11 "2020-08-22T13:53:32Z")
Thanks - if the amount staked in ygov is 5K YFI and daily earning is 70k then the yield is 36.5% ( assuming 14k price) higher than ~ 10% from Vault . is that correct ? ---
**Author:** ![yLearn.finance](https://avatars.discourse-cdn.com/v4/letter/y/4491bb/32.png) [@yLearn.finance](https://gov.yearn.fi/u/yLearn.finance)\ **Post date:** [22 August 2020 13:56 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/12 "2020-08-22T13:56:07Z")
It’s hard to say, I think the APYs can’t really be compared like that because they are denominated in different currencies if that makes sense 😉 And the volatility index of YFi is super high right now. ---
**Author:** ![Daft](https://avatars.discourse-cdn.com/v4/letter/d/7ab992/32.png) [@Daft](https://gov.yearn.fi/u/Daft)\ **Post date:** [22 August 2020 13:58 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/13 "2020-08-22T13:58:10Z")
is there a way to see how much is staked in ygov? ---
**Author:** ![tarpmaster](https://avatars.discourse-cdn.com/v4/letter/t/a9a28c/32.png) [@tarpmaster](https://gov.yearn.fi/u/tarpmaster)\ **Post date:** [22 August 2020 14:25 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/14 "2020-08-22T14:25:11Z")
> [@yearned](#): > > **vault** provides an APY denominated in $YFi, so you earn a proportional share of the YFi it buys with profit (currently ~8% APY). From where is the vault buying the YFI? It has to come from the 30,000 already in circulation, right? ---
**Author:** ![yLearn.finance](https://avatars.discourse-cdn.com/v4/letter/y/4491bb/32.png) [@yLearn.finance](https://gov.yearn.fi/u/yLearn.finance)\ **Post date:** [22 August 2020 14:25 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/15 "2020-08-22T14:25:15Z")
[https://yieldfarming.info/yearn/ygov2/](https://yieldfarming.info/yearn/ygov2/) is a good option. ---
**Author:** ![yLearn.finance](https://avatars.discourse-cdn.com/v4/letter/y/4491bb/32.png) [@yLearn.finance](https://gov.yearn.fi/u/yLearn.finance)\ **Post date:** [22 August 2020 14:26 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/16 "2020-08-22T14:26:18Z")
There are only 30,000 tokens, so it purchases them on the open DEX market. ---
**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Post date:** [1 September 2020 12:20 UTC](https://gov.yearn.fi/t/i-own-a-little-yfi-now-what/3186/17 "2020-09-01T12:20:33Z")
Closed since inactive. Feel free to reopen if this topic is still relevant.