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  1. Developers
  2. Best Yield
  3. Methods

mintIdleToken

Developers > Best Yield > mintIdleToken

This method is used to deposit money into the Idle protocol. When you call mintIdleToken we will transfer the amount of underlying supplied to IdleToken contract and then mint interest-bearing tokens with that amount.

Interest-bearing tokens of each user are pooled together inside the IdleToken contract and you will then receive Idle LP tokens which represent your share of Idle pools.

Users should call approve on the underlying asset used (eg. DAI) to allow IdleToken contract to spend _amount of tokens before calling this method.

Please note that after the first mint all subsequent ones will also send governance tokens (e.g. IDLE) to msg.sender (if msg.sender had other previously minted idleTokens in the account).

Function

function mintIdleToken(
    uint256 _amount, 
    bool _skipWholeRebalance, 
    address _referral
) external returns (uint256 mintedTokens);

Parameters

Parameter
Description

_amount

The amount of underlying token to be lent

_skipWholeRebalance

Boolean flag. Not used anymore so can receive either true or false

_referral

Address for an eventual future referral program

Return values

Value
Description

mintedTokens

The amount of Idle LP tokens minted

Last updated 1 year ago

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