Decentralized Finance
This package provides a variety of distributed ledger based banking features like payments, deposits, loans and automated investment patterns.
The key value proposition of this package is to connect TypeScript based projects with smart contracts on the Ethereum Blockchain.
Usage Examples
Payments
Transfer Ether
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const fromWalletAddress = process.env.SENDER_WALLET_ADDRESS
const toWalletAddress = process.env.RECEIVER_WALLET_ADDRESS
const amountInETH = 1
const senderPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
await DeFiService.transferEther(fromWalletAddress, toWalletAddress, amountInETH, senderPrivateKey)
Deposits
Deposit Ether to Compound
You can also test this feature via the compound.finance user interface.
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const amountOfEtherToBeDeposited = 1
const senderPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
const gasLimit = 250000
const web3ProviderURL = process.env.PROVIDER_URL
await DeFiService.depositEtherToCompound(amountOfEtherToBeDeposited, senderWalletPrivateKey, gasLimit web3ProviderURL)
Loans
Borrow Ether from Compound
You can also test this feature via the compound.finance user interface.
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const amountOfDAIToBeBorrowed = 100
const walletPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
const gasLimit = 250000
const web3ProviderURL = process.env.PROVIDER_URL
await DeFiService.borrowDAIFromCompound(amountOfDAIToBeBorrowed, walletPrivateKey, gasLimit, web3ProviderURL)
Redeem Asset from Compound
You can also test this feature via the compound.finance user interface.
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const walletAddress = process.env.SENDER_WALLET_ADDRESS
const walletPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
const gasLimit = 250000
const web3ProviderURL = process.env.PROVIDER_URL
const amount = 1
await DeFiService.redeemAssetFromCompound(walletAddress, walletPrivateKey, gasLimit, web3ProviderURL, amount)
Account Management
Get Compound Account Data
You can also test this feature via the compound.finance user interface.
const { DeFiService } = require("decentralized-finance-defi")
const walletAddress = '0xA63CD0d627c34Ce3958c4a82E6bB12F7b9C1c324'
const accountInfo = await DeFiService.getCompoundAccountData(walletAddress)
console.log(`The collateral value in ETH is: ${accountInfo.total_collateral_value_in_eth.value}.`)
Exchange Features
Swap DAI to Ether via Uniswap
You can also test this feature via the uniswap.org user interface.
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const amountOfDAIToBeSwapped = 50
const walletAddress = process.env.SENDER_WALLET_ADDRESS
const walletPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
const web3ProviderURL = process.env.PROVIDER_URL
await DeFiService.swapDAIToETH(amountOfDAIToBeSwapped, walletAddress, walletPrivateKey, web3ProviderURL)
Crypto Currency Insights
Get Price Data with Timestamp from Coinmarketcap (API Key Required)
You can compare the results via the coinmarketcap.com user interface.
require('dotenv').config()
const { DeFiService } = require("decentralized-finance-defi")
const pricesWithTimeStamp = DeFiService.getPriceDataWithTimeStamp(process.env.COINMARKETCAP_API_KEY)
console.log(pricesWithTimeStamp[1])
Distributed Ledger Insights
Get Current Gas Price Info
const { DeFiService } = require("decentralized-finance-defi")
const gasPriceInfo = await DeFiService.getGasPriceInfo()
console.log(gasPriceInfo.fastest)
Further Features
You can find many more simple and general examples in the [DeFi Service](https://github.com/michael-spengler/decentralized-finance/blob/main/src/defi.service.ts{:target="_blank"} file. If you are looking for anything more specific, feel free to check the corresponding folders and class definitions within the src{:target="_blank"} folder.
If you have not found what you are looking for, feel free to raise an issue or even better raise a Pull Request.
Smart Contract Development
You can find some simple examples for solidity based smart contract development projects within the smart-contracts-development folder.
General Recommendations
You might also check aave.com{:target="_blank"}, klopapier.exchange{:target="_blank"} and compound.finance{:target="_blank"}.