YFI Holders
Last updated
Last updated
Due to the community passing a proposal to migrate Spooky's old YFI farm to a WOOFY farm and the exposure Yearn's new token WOOFY brings to SpookySwap, current YFI holders will need to migrate their YFI tokens to WOOFY for the new farm. The old YFI farm will still be active during this transition period for 3 days (until May 18th) . After that time, the old YFI farm will be deactivated and put into "Inactive" farms.
Here is how the farm transition will work:
Previously, YFI-FTM had a weight of 2x.
With the WOOFY-FTM farm live, both WOOFY-FTM and YFI-FTM now have a weight of 1x
After 3 days, the YFI-FTM farm will become fully inactive and the WOOFY-FTM farm weight will be 2x, the same as what YFI-FTM was before WOOFY
Doing it this way prevents any impact to other farm rewards while allowing time for YFI holders to adjust to the WOOFY transition Links Bridges: Anyswap, Multichain WOOFY Migration WOOFY Contract
If you have YFI LPs, you will need to unstake and withdraw liquidity before migrating. 1. Go to SpookySwap farms: https://spookyswap.finance/farms, connect your wallet 2. Select the YFI-FTM farm, unstake all liquidity 3. Go to Liquidity > My Potions, wait for your YFI LPs to show up 4. Select the LPs, withdraw all liquidity When you have YFI tokens, you will need to bridge them to the Ethereum chain, and then migrate them into WOOFY on Yearn's interface here. 1. Bridge using Anyswap (make sure to click on "Redeem" on the top right or the arrow between the tokens) or Multichain to bridge your YFI tokens to the ETH chain.
2. Migrate your YFI into WOOFY here