'Multiple ERC20 tokens in a DeFi platform
I'm building a DeFi application on Ethereum, and I would like to implement the Deposit function. Everything works fine between ETH and a ERC20 token that I built, but I would like to add some tokens like aToken for AAVE or cTokens for Compound that the user will receive after a Deposit call.
So the question is: is it possible to add a function in my smart contract to create multiple tokens without creating a smart contract for each of them? If not, I have to create a different contract for each token I want to add in my app or there is a best method to do it?
Solution 1:[1]
Yes this is possible. You can transfer the tokens to the user's address after the Compound Protocol mint operation. This can be made generic using the ERC-20 transfer interface. Be sure to account the amounts users are due and beware of the reentrancy vulnerability.
Sources
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Source: Stack Overflow
| Solution | Source |
|---|---|
| Solution 1 | Adam |