decentralized-finance-defi

Decentralized Finance

This package provides 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() // this ensures process.env. ... contains your .env file configuration values
    
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() // this ensures process.env. ... contains your .env file configuration values
    
const { DeFiService } = require("decentralized-finance-defi")

const amountOfEtherToBeDeposited = 1
const senderPrivateKey = process.env.SENDER_WALLET_PRIVATE_KEY
const gasLimit = 250000 // GWEI --> 0.00025 ETH --> currently January 15th 2021 about 
const web3ProviderURL = process.env.PROVIDER_URL // e.g. https://mainnet.infura.io/v3/yourinfuraprojectid

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() // this ensures process.env. ... contains your .env file configuration values
    
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 // e.g. https://mainnet.infura.io/v3/yourinfuraprojectid

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() // this ensures process.env. ... contains your .env file configuration values
    
    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 // e.g. https://mainnet.infura.io/v3/yourinfuraprojectid
    const amount = 1 // redeem 1 cETH
    
    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() // this ensures process.env. ... contains your .env file configuration values
    
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 // e.g. https://mainnet.infura.io/v3/yourinfuraprojectid

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() // this ensures process.env. ... contains your .env file configuration values

const { DeFiService } = require("decentralized-finance-defi")

const pricesWithTimeStamp = DeFiService.getPriceDataWithTimeStamp(process.env.COINMARKETCAP_API_KEY)

// There will be ETH :)
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 file. If you are looking for anything more specific, feel free to check the corresponding folders and class definitions within the src 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, klopapier.exchange and compound.finance.

Distributed Domain Name Services

For a sustainable provisioning of your user interfaces you might check ens.domains. If you want to try it out, you might check this tutorial.

Blockchain based Deployments

For Permaweb deployments you might check argoapp.live/. I tested it for a vuejs frontend project. It works pretty straight forward already.

Fund Contributions

If you see an issue in the DeFi space which you want to see solved, consider funding the solution via gitcoin.co.