Deposit
How to deposit stablecoins into Gro Protocol in exchange for PWRD or Vault (GVT) tokens
First calculate the expected
minAmount. The amount in stablecoin must be converted to LP using the buoy contract. The value of slippage is then applied to get the minAmount.const buoyContract = new web3.eth.Contract(
buoy.abi,
buoy.address
)
// second parameter is always true for deposit
const lpAmount = await buoyContract.methods.stableToLp(stablecoins, true).call();
// 2% slippage => 0.02
const minAmount = lpAmount.mul(1 - slippage)
buoy.addressis a string set to the Buoy addressstablecoinsis an integer array (uint256[]) where each element refers to the amount of each stablecoin being deposited in the order of [DAI, USDC, USDT]. All numeric values are in the BigNumber format with conversions performed using BN.js.
const depositHandler = new web3.eth.Contract(
depositHandler.abi,
depositHandler.address
)
// To Deposit into PWRD
depositHandler.method.depositPwrd(stablecoins, minAmount, referral)
// To Deposit into GVT
depositHandler.method.depositGvt(stablecoins, minAmount, referral)
Required Parameters
depositHandler.addressis a string set to the DepositHandler contract addressstablecoinsis an integer array (uint256[]) where each element refers to the amount of each stablecoin being deposited in the order of [DAI, USDC, USDT]. All numeric values are in the BigNumber format with conversions performed using BN.js.minAmountis the minimum amount (uint256) of PWRD or GVT tokens to get in return (value denoted in LP tokens). This value was calculated in step one.referralis the string address of the referral account. The default referral is0x0000000000000000000000000000000000000000
// To set referral to your wallet address (default value used here as example)
const referral = '0x0000000000000000000000000000000000000000'
Last modified 7mo ago