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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

Swapping token – after a wallet is connected

A user cannot perform token swapping without connecting to a wallet. After connecting to a wallet, the code needs to do the following checks before actually swapping the tokens:

  • Verify that the spending amount does not exceed the token balance in the wallet
  • Verify whether the account allows AMMRouter to transfer the spending amount to the liquidity pool (the instance of the TokenPair smart contract)

For balance verification, we can load the balances of the two tokens, similar to how we did for AddLiquidity.js, and disable the SWAP button when the balance is less than the spending amount.

For checking the allowance quota for AMMRouter to transfer the user’s token, we can check the allowed transferring amount by calling the allowance function of the ERC20 token, and compare the amount with the spending amount. If the allowed amount is less than the spending amount, the ENABLE button will show up, and the...

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