Integrations
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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.
Compounding BAG:
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)
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
Used for official listings and admin: yakcontributors@proton.me
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