depositFor()

Deposit tokens on behalf of a different address

Some pools might be in deficit which might effect the ability to withdraw the full amount you have deposited (more info).

Function depositFor()

function depositFor(
        address provider,
        Token pool,
        uint256 tokenAmount
    )
        external
        payable

depositFor is a function that allows you to deposit tokens into a Bancor pool on behalf of a different address and make sure that the received pool tokens will be sent to that address (and not the transaction initiator).

Function Arguments

Name	Type	Description
provider	address	Indicating the address that will receive the pool tokens at the end of the transaction
pool	Token	The address of the token deposited into the pool
tokenAmount	uint256	The amount to deposit

All pools on Bancor are initiated at 1:1 ratio between reserve to pool token. Once fees are collected, this ratio will change to represent the increased value of pool tokens to reserve. For example, if the ratio is 1 pool token : 2 reserve, it means that the pool token value has doubled since initiation.

See Errors and Troubleshooting for a list of common errors and how to resolve them.