How to use xTFY
Detailed guide on xTFY mechanics and how to use it effectively.
Overview
xTFY powers Thirdfy's o(3,3) system with flexible, rewarding mechanics. Convert TFY to xTFY at a 1:1 ratio—here's what you can do next.
Converting to xTFY
Swap TFY
Key Note
xTFY is yours to hold or stake. You can unstake without locks, but if you convert back to TFY with an early exit, it costs a 50% penalty, which is totally redistributed to other stakers.
What You Can Do With xTFY
Stake and Unstake
Stake
Lock xTFY for 15 days (min) to 180 days (max) to earn fees and voting power. Gasless, longer locks boost rewards (up to 4x at 180 days).
Unstake
Exit anytime—early unstaking takes a 50% penalty, rebased to active stakers. Complete your term (e.g., 180 days) for full TFY (1:1).
Benefits
Earn weekly swap fees (100%) and penalty boosts—active staking pays more.
Vesting Model
Flexible Start
Lock xTFY for 15–180 days. Cancel within 14 days to reclaim xTFY (no penalty)—giving you time to decide.
Vesting Period
After the 14-day cancellation period, vesting becomes permanent. You can still exit early with a 50% penalty, or complete the full 180-day term to receive all your TFY tokens at a 1:1 ratio.
Scaled Rewards
Voting power scales with lock time—fair rewards, no rigid commitments.
Vote Incentives
Voting Power
Stake xTFY to vote on gauge weights, directing TFY emissions to your preferred pools.
Scaling Mechanics
Power scales with lock time (e.g., 180 days = 4x), capped at 25% per gauge—all votes are gasless.
Active Staking
Continuous Rewards
Stay staked past 14 days for weekly fees and penalty boosts in TFY—no claim limits.
Flexible Loyalty
Loyalty earns most—active pays without forcing it.
Liquid Staking with o33
Mint o33
Convert xTFY to o33 (1:1 initially)—gasless, pauses 1 hour before epoch flips. The o33:xTFY ratio starts at 1:1 and grows as fees, vote incentives, and rebases accrue—tradable as a liquid token.
Redeem o33
Swap o33 back to xTFY at the current ratio (e.g., 1 o33 = 1.05 xTFY after rewards)—gasless, 12-hour cooldown post-epoch flip. Market price reflects the 50% instant exit penalty but may trade higher.
Benefits
o33 auto-compounds rewards, votes automatically, and buys back TFY—value rises over time (e.g., 1:1 to 1.6:1 across epochs).
Staker Boost (Penalty Rebase)
Early Exit Penalty
Converting xTFY back to TFY early incurs a 50% penalty, rebased 100% to active xTFY/o33 holders.
Loyalty Rewards
Boosts o33 ratio and rewards loyalty—fair and transparent process.
Voting and Emissions
Weekly Epochs
Votes reset Thursdays at 00:00 UTC, determining the distribution of next week's TFY emissions.
Distribution
Emissions flow linearly to voted pools—votes shape rewards.
Thirdfy's Edge
Gasless actions, DeFAI AI optimization, and a growing o33 ratio make xTFY simple and powerful. Stake, vote, or mint o33—o(3,3) fits your pace, open to everyone.