bendTokens

bendTokens(etc bendETH) are interest-bearing tokens that are minted and burned upon deposit and withdraw. The bendTokens' value is pegged to the value of the corresponding deposited asset at a 1:1 ratio, and can be safely stored, transferred or traded. All interest collected by the bendTokens reserves are distributed to bendTokens holders directly by continuously increasing their wallet balance.

For all minting and burning actions, see Deposit() and Withdraw() methods in the LendPool contract.

ERC20 Methods

All standard ERC20 methods are implemented, such as balanceOf(), transfer(), transferFrom(), approve(), totalSupply(), etc.

balanceOf() will always return the most up to date balance of the user, which includes their principal balance + the interest generated by the principal balance.

Methods

UNDERLYING_ASSET_ADDRESS

Returns the address of the underlying asset of this bToken.

RESERVE_TREASURY_ADDRESS

Returns the address of the Bend treasury, receiving the fees on this bToken.

POOL

Returns the address of the lend pool where this bToken is used.

scaledBalanceOf

Returns the principal debt balance of user.

scaledTotalSupply

Returns the scaled total supply of the variable debt token.

getScaledUserBalanceAndSupply

Returns the principal balance of the user and principal total supply.