Yield Protocol - Masterchef
More deets on the loveable Masterchef.
A caller will deposit crypto into a Masterchef smart contract. The Masterchef will emit rewards to each caller based on their allocation of crypto & the amount of time that has passed. Pending rewards need to be claimed by the caller by interacting with the Masterchef again.
The Masterchef smart contract exposes two functions:
function deposit(uint256 _pid, uint256 _amount) external;
function withdraw(uint256 _pid, uint256 _amount) external;
When deposit
is called, two things will happen: Claim any pending rewards by transferring the reward tokens to the caller. Transfer the _amount
of token from the caller into the masterchef. The token transferred is specified by _pid
It’s important to note that for Masterchefs, claiming rewards is done by calling deposit
with an amount of 0. Other “stake & earn” protocols may have a separate claimRewards
function.
When withdraw
is called, two things will happen: Claim any pending rewards. Transfer the _amount
of tokens from the masterchef to the caller.
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