YIP-32 removed YFI burning for claiming rewards in favour of staking YFI inside a contract.
What exactly happens in this contract to my staked YFI after I’ve voted and claimed rewards for doing so? Does my staked YFI still belong to me and can I safely unstake and withdraw at any given time?
Is it better to stake for a long-term or is that irrelevant and only voting counts for reward calculations ?
My assumption is when I stake 1 YFI and vote for a YIP and then within 3 days claim the rewards I end up with having 1 YFI + rewards and I can do that multiple times whenever there’s something to vote on.
Sorry for the noob questions, YFI train is running quite fast and I just don’t want to screw this up
Let’s build it!
After reading a bit more on the forum, I’ve realized the irony of my question and that voting is not a 1-time thing and does only vote_lock my staked YFI for 3 days and I don’t loose any of them when participating in votes. So it’s all goood, will vote!
Sorry for the noise and btw it’s awesome what you guys are building!