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Distributed Ledger based Banking Features: Payments, Deposits, Loans and Automated investment Patterns

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Decentralized Finance                             drawing

This package provides distributed ledger based banking features like payments, deposits, loans and automated investment patterns.

Connect your TypeScript based projects with smart contracts on the Ethereum Blockchain by checking the usage examples below.

This package shall increase freedom for those who increase freedom.

NPM Downloads Chat Maintained

Usage Examples

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)

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)

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)

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}.`)

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)

Binance based Leverage Investment

require('dotenv').config() // this ensures process.env. ... contains your .env file configuration values

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

const liquidityRatioToBuy = 0.95 // just as an example
const liquidityRatioToSell = 0.45 // just as an example
const reinvestAt = 10 // just as an example
const investmentAmount = 20 // just as an example
const binanceApiKey = process.env.BINANCE_API_KEY // check your profile on binance.com --> API Management
const binanceApiSecret = process.env.BINANCE_API_SECRET // check your profile on binance.com --> API Management

Gambler.gamble(lrToBuy, lrToSell, reinvestAt, investmentAmount, binanceApiKey, binanceApiSecret)

Get account info from DyDx.exchange

You can also test this feature via the dydx.exchange 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 result = await DeFiService.getDyDxPerpetualAccountBalances(walletAddress)

console.log(result)

Explore FeedForward Neural Nets with Backpropagation

// This one is in experimental mode - check the code to check whether it is fine for you.
const { DeFiService } = require("decentralized-finance-defi")

DeFiService.charterATrader() // observe the console output

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])

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 further examples in the DeFi Service 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, and compound.finance. If you want to get a general overview on DeFi Services, you might check the defipulse.com.

Distributed Domain Name Services

To provide your user interfaces in a sustainable way you might check ens.domains. If you want to try it, 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. If you are in general a fan of the decentralized web (dWeb), you might also check the new (2021) IPFS browser standard.

Fund Contributions

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

OpenBits based Open Source Incentive Engineering

With this package we also explore the features of openbits.world.
If you want to support this adventure, consider installing the package via:

openbits install decentralized-finance-defi

You can find background information on that via:
https://openbits.world/#/explore-openbit/decentralized-finance-defi

Deno based DeFi

I prepared the corresponding Deno module and wait until the dependencies of the package at hand are ready for Deno resp. nest.land.

GDPR related Data Privacy

In order to comply to general data protection guidelines, you might consider providing built in transaction anonymization as a service to your users.
One option to do so is described in this tutorial leveraging tornadocash.eth.link.
Depending on your specific jurisdiction you might check tornadocash.eth.link/compliance.

Security

See Security Policy.

Protect against Postinstall Exploits

To be on the safe side even if a dependency of a dependency of a dependency .... tries to exploit the potential postinstall weak spot we recommend to adhere to the following pattern:

npm config set ignore-scripts true
npm install
npm config set ignore-scripts false

Philosophy

This package shall increase freedom for those who increase freedom. Actions of the weak shall be private. Actions of the powerful shall be transparent.

Open Source DeFi Coin

Under Construction

Tokenomics

Challenges If we define a max supply, the problem might be that at one point there will be less and less transactions if many of the owners decide just to hodl. Clearly define the incentives. Who will create / add to Liquidity Pools? How could the process of collecting wallet addresses who want to participate look like?

Support our Open Source Contributions

If you like our work, you might download the Brave Browser via our promotion link: https://brave.com/fan464 and enjoy the new (2021) IPFS browser standard.

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