PendleTokenReedem

Description

Redeems PT tokens for underlying tokens after maturity. E.g PT-eUSDE-{date} -> eUSDE

Notes

This action performs two steps:

/// 1. First convert PT token to SY token
/// 2. Then convert SY token to underlying tokens

Action ID

0x3de77432

SDK Action

const pendleTokenRedeemAction = new dfs.actions.pendle.PendleTokenRedeemAction(
    market,
    underlyingToken,
    ptToken,
    from,
    to,
    ptAmount,
    minAmountOut
);

Action Type

STANDARD_ACTION

Input Parameters

    /// @param market The address of the Pendle market
    /// @param underlyingToken The address of the underlying token
    /// @param from The address from where the PT tokens will be pulled
    /// @param to The address of the recipient to receive the underlying tokens
    /// @param ptAmount The amount of PT tokens to redeem
    /// @param minAmountOut The minimum amount of underlying tokens to receive
    struct Params {
        address market;
        address underlyingToken;
        address from;
        address to;
        uint256 ptAmount;
        uint256 minAmountOut;
    }

Return Value

return bytes32(underlyingAmount);

Events and Logs

emit ActionEvent("PendleTokenRedeem", logData);
logger.logActionDirectEvent("PendleTokenRedeem", logData);
bytes memory logData = abi.encode(params);