@tatumio/transaction-simulator
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1.0.4 • Public • Published

🌍 Transaction Simulator

Transaction Simulator integrates seamlessly with Tatum SDK to provide transaction simulation capabilities for EVM-based blockchains.

📖 Description

The Transaction Simulator is designed to bolster the efficiency and security of blockchain transactions. It offers crucial capabilities such as:

  • Simulating native currency transfers.
  • Simulating ERC20 token transfers.

By leveraging these simulations, developers can:

  1. Estimate Fees Accurately: One of the primary challenges in sending blockchain transactions is determining an optimal gas fee that ensures quick confirmation without overpaying. By simulating a transaction before sending it, developers can get a precise estimate of the gas fee, saving costs and improving user experience.

  2. Enhance Safety: Simulating transactions allows developers to anticipate and catch potential errors or vulnerabilities in transaction logic. By identifying these issues in a simulated call, developers can prevent costly mistakes when deploying actual transactions.

  3. Optimize Transaction Parameters: Beyond just estimating fees, simulating transactions can help developers fine-tune other parameters, such as gas limit, to optimize transaction performance.

It is built upon popular packages like ethers, ensuring a robust, reliable, and secure foundation for all simulation activities.

🚀 Quick Start

  1. Installation

    Firstly, ensure that the @tatumio/transaction-simulator package is set as a dependency within your project. Next, import the Transaction Simulator extension:

    import { TransactionSimulator } from '@tatumio/transaction-simulator';
  2. Initialization

    Create an instance of Tatum SDK passing TransactionSimulator as one of extensions.

    const tatumSdk = await TatumSDK.init<Ethereum>({
         network: Network.ETHEREUM,
         configureExtensions: [
             TransactionSimulator,
         ]
     })

🛠️ How to Use

The Transaction Simulator provides methods to simulate native and ERC20 token transfers on EVM-based blockchains. Below is a guide on how to utilize these functionalities:

Native Transfers:

  1. Define Your Payload: Begin by creating a Transfer object. This object will encapsulate all the required parameters for your native transaction.

    const transferPayload: Transfer = {
      to: '0x0Ae9E7437092BB7E7Bd6Eccf0eF1ad05591f5B47',
      from: '0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81',
      gas: '0x5208', // optional
      gasPrice: '0x4BA1C7B8C', //optional
      value: 1000, // example amount to send in wei
    };
  2. Call simulateTransfer: Pass the defined payload to the simulateTransfer method.

    const simulationResult = await tatumSdk.extension(TransactionSimulator).simulateTransfer(transferPayload);

    This method simulates the transaction, estimates the fees, and returns the expected result of the transaction.

  3. Check simulation results:

    {
      "transactionDetails": {
        "from": "0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81",
        "to": "0x0Ae9E7437092BB7E7Bd6Eccf0eF1ad05591f5B47",
        "value": 10000,
        "gasLimit": 21000,
        "gasPrice": 20302297996
      },
      "status": "success",
      "balanceChanges": {
        "0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81": {
          "from": 243323659206289750000,
          "to": 243323232858031850000
        },
        "0x0Ae9E7437092BB7E7Bd6Eccf0eF1ad05591f5B47": {
          "from": 8951104779026672,
          "to": 8951104779036672
        }
      }
    }

ERC20 Token Transfers:

  1. Define Your Token Transfer Payload: To simulate an ERC20 token transfer, you will use the TokenTransfer object.

    const tokenTransferPayload: TokenTransfer = {
      to: 'recipient_address',
      from: 'sender_address',
      gas: '0xB411', // optional
      gasPrice: '0x4B16C370A', //optional
      value: 500, // example token amount to send
      tokenContractAddress: 'your_erc20_token_contract_address'
    };
  2. Call simulateTransferErc20: With your TokenTransfer payload ready, pass it to the simulateTransferErc20 method.

    const tokenSimulationResult = await tatumSdk.extension(TransactionSimulator).simulateTransferErc20(tokenTransferPayload);

    This method fetches token details, simulates the transaction, and returns an estimation of the transaction's outcome along with the necessary gas fees.

  3. Check simulation results:

    {
      "transactionDetails": {
        "from": "0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81",
        "to": "0xaf758da9f7bdaa7590175193388e9c99427cc2d2",
        "tokenContractAddress": "0xdac17f958d2ee523a2206206994597c13d831ec7",
        "data": "0xa9059cbb000000000000000000000000af758da9f7bdaa7590175193388e9c99427cc2d2000000000000000000000000000000000000000000000000000000001908b100",
        "gasLimit": 46097,
        "gasPrice": 20156528394
      },
      "status": "success",
      "balanceChanges": {
        "0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81": {
          "from": 243656557299636170000,
          "to": 243655628144146780000
        }
      },
      "tokenTransfers": {
        "0xdac17f958d2ee523a2206206994597c13d831ec7": {
          "name": "TetherUSD",
          "symbol": "USDT",
          "decimals": 6,
          "0xDce92f40cAdDE2C4e3EA78b8892c540e6bFe2f81": {
            "from": 2387468.080258,
            "to": 2387048.080258
          },
          "0xaf758da9f7bdaa7590175193388e9c99427cc2d2": {
            "from": 422.304,
            "to": 842.304
          }
        }
      }
    }

By using the above methods, you can efficiently predict the behavior and costs of your transactions before actually broadcasting them, ensuring optimized and error-free transactions.

Gas Price Estimation:

  • Methods accept gasPrice as a parameter. If you don't provide it, the gas price will be estimated using the eth_gasPrice method.
  • Methods accept gas as a parameter. If you don't provide it, the gas limit will be estimated using the eth_estimateGas method.

🔗🔗 Supported Networks

Network.ARBITRUM_ONE,
Network.AVALANCHE_C,
Network.CELO,
Network.CELO_ALFAJORES,
Network.CHILIZ,
Network.ETHEREUM,
Network.ETHEREUM_SEPOLIA,
Network.ETHEREUM_GOERLI,
Network.ETHEREUM_HOLESKY,
Network.ETHEREUM_CLASSIC,
Network.POLYGON,
Network.POLYGON_MUMBAI,
Network.BINANCE_SMART_CHAIN,
Network.BINANCE_SMART_CHAIN_TESTNET,
Network.OPTIMISM,
Network.OPTIMISM_TESTNET

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