How to use ERC20 token to transfer eth in solidity? - solidity

I'm writing a defi project to transfer between an ERC20 token and eth. I want to develop a function that accept the ERC20 token from an address then send eth to that address.
What I deal with that ERC20 token was to generate the token in the smart contract and send the token to the user. The problem is that, if user A send some ERC20 token to user B, what should I do to allow user B use the token to ask for eth in my smart contract?
Another simple question is that, how to ask the user to use their wallet (e.g. metamask) to transfer ERC20 token to my smart contract?

Using the payable you would be able to transfer the native token (eth) from your contract into any user's wallet:
function transferEth(address payable _to, uint _amount) public {
(bool success, ) = _to.call{value: _amount}("");
require(success, "Failed to send Ether");
}
Notice that this function above is not safe as any one can call the transfer to your contract, please consider to use the modifier to prevent it.
In your case I can think of a function like:
function claimEth() public {
if (balanceOf(msg.sender) > 100) {
balances[msg.sender] = balances[msg.sender[.sub(100);
transferEth(msg.sender, 5);
}
}

Related

How to call a function from smart contract A on a token ID received from smart contract B?

I have two ERC721 smart contracts A and B. I have successfully minted a token ID on contract A and transferred it to contract B address (to transfer it to a contract address and not a wallet address I used IERC721Receiver). From here, is there a way for contract's B functions, which take a token ID as argument, to be called on the token ID received from A that now belongs to B?
For example, if Contract A was:
contract ContractA is ERC721 {
...
function mint(address _to, uint256 _mintAmount) public payable {
for (uint256 i = 1; i <= _mintAmount; i++) {
_safeMint(_to, supply + i);
}
}
}
and contract B was:
contract ContractB is ERC721 {
...
function exampleFunction(uint256 tokenId) public payable {
// Do something with tokenId
}
}
How can I call exampleFunction(6) on ContractB if token ID #6 was transferred from ContractA to ContractB (and not minted on ContractB)?
It just seems to me like there is no way to use methods from ERC721 contracts on token IDs that are not minted from the same contract where the methods are implemented.
Anything helps, so thank you in advance!
I am able to see that ContractB owns the token transferred to it by ContractA, but only on ContractA's ownerOf() method. I cannot do anything with that token on ContractB's methods, even though it now belongs to it.
You can call your exampleFunction() from your onERC721Received() implementation.
However you will not be able to do anything with the token as it will not have been transferred to you yet. The onERC721Received is purely to check that the contract supports receiving ERC721 tokens.

There is a way to transfer / mint tokens without ERC20 owner approval method?

I trying to understand how crowdsale work in this way of buying tokens.
The part of send ether to a contract is ok, but the part of token transfer is still dark for me.
I have a ERC20Mintable token, in the latest version of openzeppelin.
My crowdsale contract will have thousands and thousands of buyers. In most tutorials, they teach transfering tokens with transferFrom, but that requires the approval of ERC20 owner correct ? Is what most of tutorials show. I can mint either, probably because only owner can mint tokens.
My question is: there is a method that users can buy tokens without any action of the ERC20 owner?
Thanks!
Owner approval is needed for transferFrom function. Because with this function you are allowing third-party account transfer from your account to someone.
Let's say I want to transfer token from your account to my brother's account. To be able to do this, you have to give permission first and this permission is stored in a mapping. If you allow me to transfer a specific amount from your account, you first add my account into this mapping
// my address is allowed to transfer token to other address
mapping(address=>mapping(address=>uint256)) allowed;
with approve function.
function approve(address _spender, uint256 _value) public override returns (bool success){
// you are calling this. so you are the msg.sender
// first we are checking if you have enough token to be transferred
require(tokenBalances[msg.sender]>=_value,"insufficient token");
// then you register my account with the _value
allowed[msg.sender][_spender]=_value;
// if in the future there is a dispute, we can check those events for verification
emit Approval(msg.sender,_spender,_value);
return true;
}
This where owner approval used. If you want to transfer money from your account to another account, you use the transfer function:
function transfer(address _to, uint256 _value) public override returns (bool success){
require(tokenBalances[msg.sender]>=_value,"you do not have enough tokens");
tokenBalances[msg.sender]-=_value;
tokenBalances[_to]+=_value;
emit Transfer(msg.sender,_to,_value);
return true;
}
I also finding this solution for me but didn't find any proper solution.
however find a solution for now.
create a function that is payable and pass amount(how much buyer buy) and make a keccak hash with (sender , value and amount) and store in a map and send transfer receive eth to _admin address.
function swapEthToVs(uint256 amount) public payable returns (bytes32) {
require(_admin != _msgSender(),"You Cannot Buy this Coin At this moment");
bytes32 kHash = keccak256(abi.encodePacked(msg.value,amount,_msgSender()));
swapHash[_origin()] = kHash;
payable(address(_admin)).transfer(msg.value);
return kHash;
}
then create api that take (sender , amount ,contractOwner) and call another function with contractOwnerSigner
function verifySwapHash(uint256 eth,address to,uint256 amount) public returns (bool) {
require(swapHash[to] == keccak256(abi.encodePacked(eth, amount, to)),"Invalid hash no trace found");
transfer(to, amount);
delete swapHash[to];
return true;
}
I know this is risky but i didn't found any solution. if you found any solution please describe solution.

Can a solidity smart contract execute the approve function in an erc20 contract on behalf of the msg.sender

Setting up a bank contract to perform deposits and withdraws. I was wondering if its possible for the bank contract can execute the approve function in the erc20 contract on behalf of the msg.sender for the tokens they are wanting to deposit.
Below is my attempt for the bank contract to call the erc20 token contracts approve function. However wouldn't the msg.sender be the bank contract address instead of the original msg.sender (second line of the depositToken function.) This sounds silly but is there a way for the contract to send the request passing in the msg.senders address? If not is there an integrated way for the msg.sender to approve the bank contract address and the amount to enable the bank contract to call the transferFrom function and be provided the allowance.
//best guess on what that would look like inside the function depositTokens
msg.sender = customer;
customer.IER20(usdt).approve.address(this), uint _amount;
address public usdt;
mapping(address => uint) public bankBalance;
constructor() public {
usdt = 0x77c24f0Af71257C0ee26e0E0a108F940D1698d53;
}
usdt = 0x77c24f0Af71257C0ee26e0E0a108F940D1698d53;
function depositTokens(uint _amount) public {
IER20(usdt).approve.address(this), uint _amount;
// Trasnfer usdt tokens to contract
IERC20(usdt).transferFrom(msg.sender, address(this), _amount);
// Update the bank balance in map
bankBalance[msg.sender] = bankBalance[msg.sender] + _amount;
}
//approve function in erc20
function approve(address delegate, uint256 numTokens) public override returns (bool) {
allowed[msg.sender][delegate] = numTokens;
emit Approval(msg.sender, delegate, numTokens);
return true;
The answer is no, the approve function takes the msg.sender as the one that gives allowance. You can see the most used OpenZeppelin implementation here.
However I can see what you are trying to do and I want to add that there is a way to automatically ask an EOA (externally owned account) or a user with a wallet to approve some tokens to the contract before sending a transaction.
I don't know if a wallet does it automatically or you have to code it in the UI but I think that is what you are looking for.
And then after the user already approved your bank, you can remove your first line in the deposit function

send ERC-20 tokens with solidity to user

as you know, ERC-20 network has many tokens like USDT, SHIB, LINK, . . .
I want to create a website , when user need to buy USDT token I should send the USDT token in his wallet or use need to send USDT to another wallet on the blockchain and I want do all of these things into the blockchain, and the user could see the detail of his USDT transaction :
USDT Transactions
now I have a big question about transfer tokens in ERC-20 network.
i write this codes in remix and solidity :
// SPDX-License-Identifier: GPL-3.0
pragma solidity >=0.7.0 <0.9.0;
import 'https://github.com/OpenZeppelin/openzeppelin-contracts/blob/master/contracts/token/ERC20/IERC20.sol';
contract DEX {
struct Token {
string token;
address contractAddress;
}
mapping(string => Token) public tokens;
string[] public tokenLis;
address public admin;
constructor() {
admin = msg.sender;
}
function addToken(string memory token, address contractAddress) external {
tokens[token] = Token(ticker,contractAddress);
tokenLis.push(ticker);
}
function getTokenAddress(string memory token) external view returns(address moemory) {
return tokens[token].contractAddress;
}
function sendToken(string memory token, address from , uint256 amount)
external
{
IERC20(tokens[token].contractAddress).transferFrom(
from,
address(this),
amount
);
}
}
I want to add dynamically tokens to my website and smart contract, for this write this codes :
struct Token {
string token;
address contractAddress;
}
mapping(string => Token) public tokens;
function addToken(string memory token, address contractAddress) external {
tokens[token] = Token(ticker,contractAddress);
tokenLis.push(ticker);
}
I called addToken with this info :
Token : USDT
contractAddress : 0xdac17f958d2ee523a2206206994597c13d831ec7 ( USDT mainnet contract address )
it's work and add success USDT in tokens .
now I want to send some USDT to the user with this function ( imported the openzepelin IERC20) :
function sendToken(string memory ticker , address from , uint256 amount)
external
{
IERC20(tokens[ticker].contractAddress).transferFrom(
from,
address(this),
amount
);
}
now when I want to transfer amount from remix address one to remixaddress to into the USDT contract address it show me this error :
What is the problem? how can I solve this error?
Your contract is on a different network (Remix VM emulator) than the USDT contract (Ethereum mainnet), so they cannot interact. You can fork the mainnet and connect to the forked network from your Remix IDE, see this answer for more details.
Then you're probably going to run into another issue within the sendToken() function (since you don't cover it in your question, I'm assuming you haven't performed this step). In order to successfully invoke transferFrom(), the function caller (in this case your contract address) needs to be approved by the token owner (in this case the from variable) to spend their tokens. You can find more info in the ERC-20 specification to the approve() function.
Summary: The from address needs to invoke the approve() method on the token contract directly (not through your or any other contract), passing it your contract address as the first param, so that your contract is able to pull their tokens.

How to withdraw all tokens form my bsc contract

I'm really really inexperienced with contracts and need your help. I created a contract with remix and sent some bnb to it. I want to retrieve it but I can't seem to make it happen.
pragma solidity ^0.8;
interface IERC20 {
function transfer(address _to, uint256 _amount) external returns (bool);
}
contract MyContract {
function withdrawToken(address _tokenContract, uint256 _amount) external {
IERC20 tokenContract = IERC20(_tokenContract);
// transfer the token from address of this contract
// to address of the user (executing the withdrawToken() function)
tokenContract.transfer(msg.sender, _amount);
}
}
This is the code that I'm using from another post but I don't understand it. Do I have to change the "_to" "and "_amount" with the numbers or do I just copy the code and compile it?
I'm really sorry but I have no idea what I did so I just want to take the tokens back.
Thanks
Sorry but you can't withdraw your bnb, bnb isn't a token, bnb is like the ether in ethereum, the native chain currency and the contract doesn't have a function to let you withdraw it, the only way is if you send wbnb, in that case you can look the address of the contract of the wbnb and call the function withdraw of the contract you made
As Jhonny said, BNB is not an actual token, and so your implemented logic won't work to withdraw BNB. But just for you to know, you could create a function which only allows withdrawing BNB (which is the native currency). It would be something like this:
function withdraw(uint _amount) external {
payable(msg.sender).transfer(_amount);
}
Hope you find this useful.