diff --git a/docs/src/associated-token-account.md b/docs/src/associated-token-account.md index 42dfdaf387f..f5a8a8ea6c0 100644 --- a/docs/src/associated-token-account.md +++ b/docs/src/associated-token-account.md @@ -12,7 +12,7 @@ which makes it difficult for other users to know which account they should send tokens to and introduces friction into many other aspects of token management. This program introduces a way to _deterministically_ derive a token account key from a user's main System account address and a token mint address, allowing the -user to create a main token account for each token he owns. We call these +user to create a main token account for each token they own. We call these accounts _Associated Token Accounts_. - In addition, it allows a user to send tokens to another user even if the diff --git a/farms/README.md b/farms/README.md index ae8eb761576..0e3fa8c72db 100644 --- a/farms/README.md +++ b/farms/README.md @@ -92,7 +92,7 @@ A Vault contract implementation. Individual yield farming strategies are stored - User deposits tokens into a Vault with add_liquidity transaction. For example, Vault `RDM.STC.RAY-SRM` takes RAY and SRM tokens. To get a list of available Vaults, one can use the `client.get_vaults()` function or `api/v1/vaults` RPC call. Vault tokens are minted back to the user to represent his share in the Vault. - Vault sends user tokens to the corresponding Raydium Pool, receives LP tokens, and stakes them to the Raydium Farm. - Vaults should be cranked on a periodic basis. Crank operation is permissionless and can be done by anyone. And it is executed for the entire Vault, not per individual user. Crank consists of three steps: 1. Harvest Farm rewards (in one or both tokens); 2. Rebalance rewards to get proper amounts of each token; 3. Place rewards back into the Pool and stake received LP tokens. A small Vault fee is taken from rewards, and it can be used to incentivize Crank operations. -- Upon liquidity removal, the user gets original tokens back in amounts proportional to Vault tokens he holds. Vault tokens are then burned. +- Upon liquidity removal, the user gets original tokens back in amounts proportional to Vault tokens they hold. Vault tokens are then burned. `SBR-STAKE-LP-COMPOUND` is a similar strategy, but it uses Saber Pools and Farms.