Upgrading Yield Protocol Strategy Tokens

As a part of the recovery from the Euler hack, liquidity providers in Yield Protocol need to upgrade their strategy tokens before they can access their funds. This article explains how you can us the Yield Protocol interface to upgrade your strategy tokens.

Navigate to the Yield Protocol app at app.yieldprotocol.com and connect your wallet. If you were impacted by the Euler incident, you will see an ‘Action Required’ modal in the bottom right corner of your screen:

Click the ‘Upgrade’ button to open the Terms and Conditions modal:

From here you will need to read the Terms and Conditions, and then accept by checking the ‘I agree’ box. This will enable the ‘Accept’ button:

Click the ‘Accept’ button to kick off the upgrade flow for all affected strategy tokens you hold. Make sure to check your wallet for approvals. While the upgrade is being performed, the ‘Upgrade’ button switches to ‘Upgrading’ and is disabled:

When the process is complete, the ‘Upgrading tokens..’ toast goes away and you should see a toast indicating that the upgrade was successful.

The upgrade is now complete and your strategy position should reflect your new v2.1 position. If you have any questions or encounter any issues, please join the Yield Protocol Discord.