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 Building Full Stack DeFi Applications

You're reading from   Building Full Stack DeFi Applications A practical guide to creating your own decentralized finance projects on blockchain

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Product type Paperback
Published in Mar 2024
Publisher Packt
ISBN-13 9781837634118
Length 490 pages
Edition 1st Edition
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Author (1):
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Samuel Zhou Samuel Zhou
Author Profile Icon Samuel Zhou
Samuel Zhou
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Table of Contents (21) Chapters Close

Preface 1. Part 1: Introduction to DeFi Application Development FREE CHAPTER
2. Chapter 1: Introduction to DeFi 3. Chapter 2: Getting Started with DeFi Application Development 4. Chapter 3: Interacting with Smart Contracts and DeFi Wallets in the Frontend 5. Part 2: Design and Implementation of a DeFi Application for Trading Cryptos
6. Chapter 4: Introduction to Decentralized Exchanges 7. Chapter 5: Building Crypto-Trading Smart Contracts 8. Chapter 6: Implementing a Liquidity Management Frontend with Web3 9. Chapter 7: Implementing a Token-Swapping Frontend with Web3 10. Chapter 8: Working with Native Tokens 11. Part 3: Building a DeFi Application for Staking and Yield Farming
12. Chapter 9: Building Smart Contracts for Staking and Farming 13. Chapter 10: Implementing a Frontend for Staking and Farming 14. Part 4: Building a Crypto Loan App for Lending and Borrowing
15. Chapter 11: An Introduction to Crypto Loans 16. Chapter 12: Implementing an Asset Pool Smart Contract for a Crypto Loan 17. Chapter 13: Implementing a Price Oracle for Crypto Loans 18. Chapter 14: Implementing the Crypto Loan Frontend with Web3 19. Index 20. Other Books You May Enjoy

Implementing the functions for user requests

In Figure 11.2, there are eight user requests shown in an architecture diagram for crypto loan smart contracts. These user requests are fulfilled by calling the functions of an asset pool smart contract. There are two privilege requests that are already implemented in the Implementing the code to manage the asset pools section of this chapter. The remaining six requests (deposit, withdraw, borrow, repay, liquidate, and withdraw reserve) require a change of liquidity balances for the asset pools. We will deep dive into the functions for handling these requests in this section.

Depositing

A deposit process requires the AssetPool smart contract to transfer tokens from a user to the smart contract and mint the asset pool share tokens to the user. Figure 12.2 describes the workflow of the deposit process.

Figure 12.2 – The workflow of the deposit process

Figure 12.2 – The workflow of the deposit process

Based on the preceding workflow, we can implement...

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