Excitement fills the air as we introduce DAO Staking Pool v2, a revamped version that introduces substantial enhancements and added flexibility to our staking platform. Dive deeper into the new features and learn about the seamless migration process to transition effortlessly to this improved iteration.

Commencing from Monday, May 13th, 2024, at 14:00 UTC, to Thursday, May 16th, 2024, at 14:00 UTC, the migration kicks off for current yZF holders. The migration journey can be navigated through https://zkswap.finance/earn/staking.

Here are some highlights to keep in mind:
1. The migration process unfolds in five rounds, each spanning three days. An interval of one day separates each round to pave the way for the subsequent phase.
2. Following Round 1, the ZF rewards for the existing DAO Staking Pool (v1) will halt, directing these rewards (equivalent to 5% max supply of ZF over 3 years) towards the new DAO Staking Pool (v2). The new pool will still implement a 1% unstaking fee, distributed among other stakers.
3. Participants staking yZF (v1) into the migration pool will gain the new yZF tokens via auto airdrop into their wallets within a maximum of 6 hours post the migration pool closure.
4. During the migration period, your Boost will stay unaffected as if you were still holding your yZF due to the temporary myZFi1 token. However, the ability to swap with zero fees using Paymaster will be temporarily unavailable until you receive the new yZF tokens.

Discover what’s fresh in DAO Staking Pool v2:
1. Flexible Unstake Fee Allocation: A significant enhancement in DAO Staking Pool v2 is the introduction of a more adaptable policy concerning the unstake fee. Unlike DAO v1, which had a fixed 1% unstake fee for other stakers, v2 offers the flexibility to direct the fee towards different destinations such as other stakers, a burn address, or the treasury.
2. Embracing Burning Mechanisms: The newfound flexibility in unstake fee allocation opens avenues for implementing burning mechanisms for our native $ZF token, elevating its utility and value.
3. Precision in Unstake Fee Setting: DAO Staking Pool v2 empowers users to set unstake fees with enhanced precision, allowing for percentages with more decimal points. For example, users now have the freedom to set an unstake fee at 0.12345%, providing finer control over fee structures.
4. Enriched User Experience: With DAO Staking Pool v2, users gain visibility into both their original staking amount of ZF tokens and their earnings. This transparency enhances the staking experience, equipping users with a clearer comprehension of their investment performance.
5. Elevated Security Standards: While DAO Staking Pool v1 prioritized security, v2 raises the bar further, ensuring that your assets are shielded with the highest security protocols.

Transitioning to DAO Staking Pool v2 has been streamlined, offering two options:
Option 1: Transfer to DAO Staking Pool v2 without incurring the 1% unstake fee.
1. Stake your current yZF (v1) into the Migration Pool.
2. Wait for the new yZF (v2) to be auto airdropped into your wallet within a maximum of 6 hours after the pool closure.
Explore the detailed process encompassing both team and user activities:
1. Stake your current yZF (v1) tokens into the migration pool and receive an equivalent quantity of myZFi1 tokens (1:1 ratio), acting as temporary placeholders during the migration period.
2. At the conclusion of the migration period (typically lasting 3 days), our team will retrieve the yZF tokens staked by users from the Migration Pool.
3. The penalty fee for the DAO Staking Pool v1 will promptly be adjusted to 0.
4. Swap yZF for ZF tokens (unstake) from the DAO Staking Pool v1.
5. Deposit ZF tokens into the new DAO Staking Pool v2 and receive the corresponding new YZF (v2) tokens.
6. Distribute the new yZF (v2) tokens back to users based on their myZFi1 token holdings.

Option 2: Alternatively, users can:
1. Unstake independently from DAO Staking Pool v1, incurring the 1% unstake fee.
2. Stake into DAO Staking Pool v2.

Embark on this innovative journey and reap the benefits of DAO Staking Pool v2. Opt for Option 1 and engage in this exciting new phase of the DAO Staking Pool. Happy staking!🌟