Integrations
Background
Auto-compounders give small token holders the same compounding advantages as big token holders. Auto-compounders are more effective when they hold more deposits. For this reason, YY Strategies are designed to be primitives that any project can easily integrate.
Example Integration
Compounding BAG: https://cchain.explorer.avax.network/address/0xf487044eD85F2d47A8eAD6b86c834976B8c31736/read-contract
User Balances
User balances are accounted with Yak Receipt Tokens (YRT). The number of shares corresponds to ownership of each pool's underlying assets.
User balance of BAG = YRT shares * (total BAG / total shares)
View Function
Description
balanceOf(address)
Amount of shares a user owns (number does not go up)
getDepositTokensForShares(uint256)
Conversion rate for a given amount of shares (number goes up over time)
User Actions
Each strategy allows users to deposit and withdraw. The simplest implementation may use only two functions:
Write Function
Description
deposit(uint256)
Deposit deposit tokens
withdraw(uint256)
Redeem shares to withdraw deposit tokens
There is no need for integrations to manage reinvest() functionality, as the YY community “just handles” it.
Example Integrations
Asset Management
Asset Trackers
Contributors Email Inbox
Used for official listings and admin: yakcontributors@proton.me
For dev-related inquiries, visit the Yak Devs Telegram group: https://t.me/yakdevs
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