Initialize Yield Position - Exponent Docs

The ixInitializeYieldPosition method on the Vault class creates a transaction instruction that initializes a YieldTokenPosition PDA for a user. This must be called once per vault before the user can deposit YT.

Usage

import { Vault, LOCAL_ENV } from "@exponent-labs/exponent-sdk";
import { Connection, PublicKey, Transaction, sendAndConfirmTransaction } from "@solana/web3.js";

const connection = new Connection("https://api.mainnet-beta.solana.com");
const vault = await Vault.load(LOCAL_ENV, connection, vaultAddress);

const ix = vault.ixInitializeYieldPosition({
  owner: wallet.publicKey,
});

const tx = new Transaction().add(ix);
const signature = await sendAndConfirmTransaction(connection, tx, [wallet]);

Required Parameters

Parameter	Type	Description
`owner`	`PublicKey`	The owner’s wallet public key

Returns

Returns a TransactionInstruction that creates the yield position PDA. The account is derived from the owner’s public key and the vault address.

This is a one-time operation per vault. After initialization, use YtPosition.loadByOwner to load the position and start depositing YT.