Debt Tokens
Last updated
Last updated
Debt tokens are interest-accruing tokens that are minted and burned on and , representing the debt owed by the token holder. Currently, there is only one type of debt tokens:
Variable debt tokens, representing a debt to the protocol with a variable interest rate
The source code can be found .
Although debt tokens are modelled on the ERC20/EIP20 standard, they are non-transferrable. Therefore they do not implement any of the standard ERC20/EIP20 functions relating to transfer()
and allowance()
.
function UNDERLYING_ASSET_ADDRESS()
Returns the underlying asset of the debt token.
function POOL()
Returns the address of the associated for the debt token.
function approveDelegation(address delegatee, uint256 amount)
Sets the amount
of allowance for delegatee
to borrow of a particular debt token.
delegatee
address
the user receiving the allowance
amount
uint256
the allowance amounts given to user
function borrowAllowance(address fromUser, address toUser)
Returns the borrow allowance toUser
has been given by fromUser
.
fromUser
address
the user giving allowance
toUser
address
the user receiving the allowance
Returns the current allowance of toUser
for a particular debt token.
function scaledBalanceOf(address user)
Returns the principal debt balance of user
.
function scaledTotalSupply()
Returns the scaled total supply of the variable debt token.
This represents .
function getScaledUserBalanceAndSupply(address user)
Returns the principal balance of the user
and principal total supply.
uint256
principal balance of user
uint256
principal total supply