|
| 1 | +# DeFi Lending Platform - Example Application |
| 2 | + |
| 3 | +This is an **example application** designed for **educational purposes** to help developers learn how to interact with the =nil; blockchain using a frontend application. The app demonstrates the process of transacting with =nil;, including transacting with methods and tokens. It also showcases best practices for connecting a frontend application to the blockchain and calling smart contract methods, including handling tokens. |
| 4 | + |
| 5 | +## Purpose |
| 6 | + |
| 7 | +The goal of this application is to give developers an understanding of how to build frontend applications that interact with =nil; and its smart contracts. By going through this example, you can learn the following: |
| 8 | + |
| 9 | +- How to **connect to the =nil; wallet**. |
| 10 | +- How to **read data** from a smart contract. |
| 11 | +- How to **call smart contract methods** for transactions such as lending, borrowing, and repaying, including sending tokens along with method calls via the =nil; wallet. |
| 12 | +- How to structure your frontend code to handle receipts and errors. |
| 13 | + |
| 14 | +### Features |
| 15 | + |
| 16 | +This application allows you to: |
| 17 | + |
| 18 | +- Depositing assets (ETH or USDT) into the protocol |
| 19 | +- Borrowing assets up to 80% of your deposit value |
| 20 | +- Repaying loans with 5% interest (105% of the borrowed amount) |
| 21 | +- Viewing real-time deposit and loan balances |
| 22 | + |
| 23 | +> Note: This example application only supports whole numbers (no decimals) for all transactions. |
| 24 | +
|
| 25 | +This repository is designed to provide a simple yet functional template for building decentralized applications (dApps) on top of =nil;. |
| 26 | + |
| 27 | +--- |
| 28 | + |
| 29 | +## Pre-requisites |
| 30 | + |
| 31 | +Before running this application, ensure that you have the following: |
| 32 | + |
| 33 | +- **=nil; wallet extension** installed on your browser. You can get it from the [Chrome Web Store](https://chromewebstore.google.com/detail/nil-wallet/kfiailmjchdbjmadbkkldiahpggcjffp?hl=en-GB&utm_source=ext_sidebar). |
| 34 | +- **Node.js** and **npm** installed on your machine. |
| 35 | +- A basic understanding of React, TypeScript, and how smart contracts work. |
| 36 | + |
| 37 | +--- |
| 38 | + |
| 39 | +## Installation |
| 40 | + |
| 41 | +### 1. Clone the repository |
| 42 | + |
| 43 | +First, clone this repository to your local machine: |
| 44 | + |
| 45 | +```bash |
| 46 | +git clone https://github.com/NilFoundation/nil |
| 47 | +cd nil/academy/lending-protocol/frontend |
| 48 | +``` |
| 49 | + |
| 50 | +### 2. Install dependencies |
| 51 | + |
| 52 | +Install the necessary dependencies using npm: |
| 53 | + |
| 54 | +```bash |
| 55 | +npm install --legacy-peer-deps |
| 56 | +``` |
| 57 | + |
| 58 | +### 3. Configure the RPC URL |
| 59 | + |
| 60 | +Before running the frontend application, you must deploy the lending pool contract and obtain its address. |
| 61 | + |
| 62 | +<strong>Deploy the Lending Pool Contract</strong> |
| 63 | + |
| 64 | +If you haven’t already deployed the contract, navigate to the lending protocol directory and deploy it using Hardhat: |
| 65 | + |
| 66 | +```bash |
| 67 | +cd ../ # Move to the lending protocol directory |
| 68 | +npx hardhat compile |
| 69 | +npx hardhat run-lending-protocol |
| 70 | +``` |
| 71 | + |
| 72 | +Once the deployment completes, look for a log similar to: |
| 73 | + |
| 74 | +`Lending Pool deployed at: 0xYourContractAddressHere` |
| 75 | + |
| 76 | +Copy the contract address. |
| 77 | + |
| 78 | +<strong>Configure the Frontend with the Contract Address</strong> |
| 79 | + |
| 80 | +You need to specify the RPC URL for your =nil; blockchain in the `constants.js` file, which is used to connect to the blockchain network. |
| 81 | + |
| 82 | +In `src/constants.js`, update the following line with your RPC URL: |
| 83 | + |
| 84 | +```javascript |
| 85 | +const NIL_RPC_URL = "<YOUR_RPC_URL>"; |
| 86 | +const contractAddress = "your_contract_address"; |
| 87 | +``` |
| 88 | + |
| 89 | +### 4. Run the Application |
| 90 | + |
| 91 | +Once the installation is complete, start the development server with: |
| 92 | + |
| 93 | +```bash |
| 94 | +npm run start |
| 95 | +``` |
| 96 | + |
| 97 | +This will launch the application, and you can access it via `http://localhost:3000/` in your web browser. |
| 98 | + |
| 99 | +--- |
| 100 | + |
| 101 | +## Coding Patterns and Best Practices |
| 102 | + |
| 103 | +This section will walk you through the key coding patterns used in this app. These patterns will help you interact with the =nil; blockchain and smart contracts. |
| 104 | + |
| 105 | +### 1. **Connecting to the Wallet** |
| 106 | + |
| 107 | +To interact with =nil; via a frontend, the first step is to connect to the user's wallet. The app uses `eth_requestAccounts` to prompt the user to connect their =nil; wallet. |
| 108 | + |
| 109 | +```javascript |
| 110 | +const connectWallet = async () => { |
| 111 | + try { |
| 112 | + if (window.nil) { |
| 113 | + const accounts = await window.nil.request({ |
| 114 | + method: "eth_requestAccounts", |
| 115 | + }); |
| 116 | + setAccount(accounts[0]); |
| 117 | + setWalletConnected(true); |
| 118 | + } else { |
| 119 | + alert("Please install =nil; wallet from the chrome store!"); |
| 120 | + } |
| 121 | + } catch (error) { |
| 122 | + console.error("Error connecting wallet:", error); |
| 123 | + } |
| 124 | +}; |
| 125 | +``` |
| 126 | + |
| 127 | +--- |
| 128 | + |
| 129 | +### 2. **Reading Data from a Smart Contract** |
| 130 | + |
| 131 | +To interact with a smart contract, we use the `getContract` method from `niljs`. This allows us to call both **view functions** (read operations) and **write functions** (state-changing operations). |
| 132 | + |
| 133 | +In this particular case, we use it to read transaction data from the contract. |
| 134 | + |
| 135 | +```javascript |
| 136 | +const fetchUserAmounts = async () => { |
| 137 | + if (!walletConnected || !account) return; |
| 138 | + |
| 139 | + setIsLoadingAmounts(true); |
| 140 | + try { |
| 141 | + const client = await publicClient.publicClient; |
| 142 | + const contract = await getContract({ |
| 143 | + abi: contractABI, |
| 144 | + address: contractAddress, |
| 145 | + client, |
| 146 | + }); |
| 147 | + |
| 148 | + const globalLedger = await contract.read.globalLedger(); |
| 149 | + |
| 150 | + const globalLedgerContract = await getContract({ |
| 151 | + abi: globalLedgerAbi.abi, |
| 152 | + address: globalLedger, |
| 153 | + client, |
| 154 | + }); |
| 155 | + |
| 156 | + const ethDepositAmount = await globalLedgerContract.read.getDeposit([ |
| 157 | + account, |
| 158 | + ETH, |
| 159 | + ]); |
| 160 | + const usdtDepositAmount = await globalLedgerContract.read.getDeposit([ |
| 161 | + account, |
| 162 | + USDT, |
| 163 | + ]); |
| 164 | + |
| 165 | + console.log("ETH deposit:", ethDepositAmount); |
| 166 | + console.log("USDT deposit:", usdtDepositAmount); |
| 167 | + } catch (error) { |
| 168 | + console.error("Error fetching user amounts:", error); |
| 169 | + } finally { |
| 170 | + setIsLoadingAmounts(false); |
| 171 | + } |
| 172 | +}; |
| 173 | +``` |
| 174 | + |
| 175 | +If you want to **write to a contract**, please refer to [this example](https://github.com/NilFoundation/nil/blob/main/uniswap/tasks/uniswap/demo-router.ts#L81). |
| 176 | + |
| 177 | +--- |
| 178 | + |
| 179 | +### 3. **Calling a Contract Method with and Without Tokens** |
| 180 | + |
| 181 | +There are two ways to interact with smart contracts: calling a method **without** tokens (e.g., borrowing) and calling a method **with** tokens (e.g., deposit or repay). |
| 182 | + |
| 183 | +#### Example: Calling a Method Without Tokens (Borrowing) |
| 184 | + |
| 185 | +```javascript |
| 186 | +const handleBorrow = async () => { |
| 187 | + if (!walletConnected || !amount) return; |
| 188 | + |
| 189 | + try { |
| 190 | + const token = selectedToken === "ETH" ? ETH : USDT; |
| 191 | + const data = encodeFunctionData({ |
| 192 | + abi: contractABI, |
| 193 | + functionName: "borrow", |
| 194 | + args: [Number(amount), token], |
| 195 | + }); |
| 196 | + |
| 197 | + const txData = { |
| 198 | + to: contractAddress, |
| 199 | + data, |
| 200 | + }; |
| 201 | + |
| 202 | + await window.nil.request({ |
| 203 | + method: "eth_sendTransaction", |
| 204 | + params: [txData], |
| 205 | + }); |
| 206 | + } catch (error) { |
| 207 | + console.error("Error in borrowing:", error); |
| 208 | + } |
| 209 | +}; |
| 210 | +``` |
| 211 | + |
| 212 | +#### Example: Calling a Method With Tokens (Deposit or Repay) |
| 213 | + |
| 214 | +```javascript |
| 215 | +const handleDeposit = async () => { |
| 216 | + if (!walletConnected || !amount) return; |
| 217 | + |
| 218 | + try { |
| 219 | + const token = selectedToken === "ETH" ? ETH : USDT; |
| 220 | + const data = encodeFunctionData({ |
| 221 | + abi: contractABI, |
| 222 | + functionName: "deposit", |
| 223 | + }); |
| 224 | + |
| 225 | + const txData = { |
| 226 | + to: contractAddress, |
| 227 | + data, |
| 228 | + tokens: [ |
| 229 | + { |
| 230 | + id: token, |
| 231 | + amount: Number(amount), |
| 232 | + }, |
| 233 | + ], |
| 234 | + }; |
| 235 | + |
| 236 | + await window.nil.request({ |
| 237 | + method: "eth_sendTransaction", |
| 238 | + params: [txData], |
| 239 | + }); |
| 240 | + } catch (error) { |
| 241 | + console.error("Error in depositing:", error); |
| 242 | + } |
| 243 | +}; |
| 244 | +``` |
| 245 | + |
| 246 | +--- |
| 247 | + |
| 248 | +### 4. **Error Handling in Transactions** |
| 249 | + |
| 250 | +Handling errors in blockchain transactions is crucial. This application shows how you can processes transaction receipts and extracts error messages when transactions fail. |
| 251 | + |
| 252 | +Example: Processing Errors from Receipts |
| 253 | + |
| 254 | +```javascript |
| 255 | +export function processReceipts(receipts) { |
| 256 | + for (let i = 0; i < receipts.length; i++) { |
| 257 | + const receipt = receipts[i]; |
| 258 | + |
| 259 | + // If the transaction is not successful, return the error message or status |
| 260 | + if (!receipt.success || receipt.status !== "Success") { |
| 261 | + const errorMessage = receipt.errorMessage || receipt.status; |
| 262 | + return errorMessage; // Exit the loop and return the first error message encountered |
| 263 | + } |
| 264 | + } |
| 265 | + |
| 266 | + // If all transactions are successful, return null |
| 267 | + return null; |
| 268 | +} |
| 269 | +``` |
| 270 | + |
| 271 | +This function is used after transactions are completed to check if any errors occurred. |
| 272 | + |
| 273 | +```javascript |
| 274 | +const receipts = await waitTillCompleted(client, txHash); |
| 275 | +const error = processReceipts(receipts); |
| 276 | +if (error) { |
| 277 | + console.log(`Transaction failed: ${error}`); |
| 278 | + alert(`Transaction failed: ${error}`); |
| 279 | +} else { |
| 280 | + alert("Transaction successful!"); |
| 281 | +} |
| 282 | +``` |
| 283 | +This ensures that failed transactions return clear error messages to the user. |
| 284 | + |
| 285 | +## Contribution Guidelines |
| 286 | + |
| 287 | +1. **Fork** the repository. |
| 288 | +2. Check for open issues [here](https://github.com/NilFoundation/nil/issues). |
| 289 | +3. Read the [Contribution Guide](https://github.com/NilFoundation/nil/blob/main/CONTRIBUTION-GUIDE.md). |
| 290 | +4. **Submit** a pull request with a detailed description of your changes based on the Contribution Guide. |
| 291 | + |
| 292 | +Feel free to contribute and report any issues you encounter. Happy coding! |
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