# When will the $YFI vault be improved?

**URL:** https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812
**Category:** General Chat
**Created:** [20 February 2021 07:05 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812 "2021-02-20T07:05:59Z")
**Posts on this page:** 9
**Page:** 1

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### Author: ![laur\_science](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/laur_science/32/1205_2.png) [@laur\_science](https://gov.yearn.fi/u/laur_science)
#### Post date: [20 February 2021 07:05 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/1 "2021-02-20T07:05:59Z")

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When is the $YFI v1 vault getting upgraded to v2 and getting new strategies?

The people holding funds there have been doing badly compared to almost any other method of gaining yield on $YFI.

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### Author: ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)
#### Post date: [21 February 2021 04:28 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/2 "2021-02-21T04:28:36Z")

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As per [YIP-56: Buyback and Build](http://gov.yearn.fi/t/yip-56-buyback-and-build/8929) Yearn is using the ecosystem fees to buyback YFI from the market instead of giving it to YFI stakers in ygov/yyfi vault. Governance staking and the vault should be yielding 0 APY currently.

The YFI vault, for now, is set to ygov and until it is updated, it will yield 0 APY. The YFI vault is currently not our top priority so I do not have an eta on when a new strategy will be made for it, if ever. _Currently, it has a withdrawal fee but we are disabling it and it will be gone in a day or so._

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### Author: ![laur\_science](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/laur_science/32/1205_2.png) [@laur\_science](https://gov.yearn.fi/u/laur_science)
#### Post date: [21 February 2021 13:55 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/3 "2021-02-21T13:55:08Z")

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Please reply here again when the withdraw fee has been disabled.

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### Author: ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)
#### Post date: [22 February 2021 14:34 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/4 "2021-02-22T14:34:48Z")

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The withdrawal fee on the YFI vault has been disabled.

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### Author: ![mallie](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/mallie/32/3183_2.png) [@mallie](https://gov.yearn.fi/u/mallie)
#### Post date: [25 February 2021 19:57 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/5 "2021-02-25T19:57:45Z")

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Hi. May I ask where you will put your YFI to work ? Thanks.

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### Author: ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)
#### Post date: [26 February 2021 06:14 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/6 "2021-02-26T06:14:36Z")

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[Bancor](https://app.bancor.network/eth/protection) might be the best place they have some space in the 1-sided LP protection pool but for full protection, it’s best to stay in the pool for 100 days. I also farm on secret network as they have decent apy on their [bridge](https://bridge.scrt.network/earn) but it’s more complicated than bancor and more centralized as well. You can also try staking in UNI or elsewhere but that would be subject to IL.

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### Author: ![Dodo](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dodo/32/3606_2.png) [@Dodo](https://gov.yearn.fi/u/Dodo)
#### Post date: [27 February 2021 06:43 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/7 "2021-02-27T06:43:45Z")

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Can we get more rewards in v1 and v2 in the next proposals if you are yfi holder staker ?

I got a (ton) lot of newbies investors, calling me everyday about crypto. ready to go here.  
They dont know how use metamask , they want smart money so i manage theirs funds.  
They are very interested about the high yield gains in yfi and crypto,

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### Author: ![Dodo](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dodo/32/3606_2.png) [@Dodo](https://gov.yearn.fi/u/Dodo)
#### Post date: [28 February 2021 20:36 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/8 "2021-02-28T20:36:35Z")

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@garbo DM in private , we can make deal otc.

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### Author: ![system](https://europe1.discourse-cdn.com/flex013/uploads/yearn/original/2X/9/9ae7183c96201b2e9a60ad06d0d7664a3e90aeb0.png) [@system](https://gov.yearn.fi/u/system)
#### Post date: [7 March 2021 20:37 UTC](https://gov.yearn.fi/t/when-will-the-yfi-vault-be-improved/9812/9 "2021-03-07T20:37:22Z")

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