This library provides simple way to interact with Ethereum ERC20 token.
By default, supports all ERC20 Standard functions (like balanceOf, transfer, transferFrom, approve, allowance, decimal, name, ...) also can be extends to support other contracts as well.
composer require lessmore92/php-erc20
There are two ways to use:
See below to find out more
Simply create a new class inherits from \Lessmore92\Ethereum\Foundation\StandardERC20Token
in below sample we create a new class for Tether (USDT)
class USDT extends \Lessmore92\Ethereum\Foundation\StandardERC20Token
{
protected $contractAddress = "0xdac17f958d2ee523a2206206994597c13d831ec7";
}
Then for use create new instantiate from your class and
$tether = new USDT("https://mainnet.infura.io/v3/API_KEY");
var_dump($tether->name());
var_dump($tether->decimals());
$token = new \Lessmore92\Ethereum\Token("0xdac17f958d2ee523a2206206994597c13d831ec7", "https://mainnet.infura.io/v3/API_KEY");
var_dump($token->name());
Connection timeout can be set by last parameter of token class
$timeout = 3; //secs
$tether = new USDT("https://mainnet.infura.io/v3/API_KEY",$timeout);
OR
$timeout = 3; //secs
$tether = new \Lessmore92\Ethereum\Token("0xdac17f958d2ee523a2206206994597c13d831ec7", "https://mainnet.infura.io/v3/API_KEY", $timeout);
For connect to Ethereum blockchain you need an Ethereum node; Infura is a simple and fast solution, however you can launch you Geth node
transferFrom
ERC20 transaction fee needs to be paid in ETH
. In some situation your app needs to pay this fee behalf of user.
Suppose, user A have a key pair (private, public) and all their transaction is limited to usdt. User A needs to send 10 usdt, but he/she haven't ETH to pay transaction fee.
In these cases your app should pay fee behalf of users.
transferFrom
is a good solution in these cases.
transferFrom
Flow:1.First, Using approve
method to grant permission to a delegator.
2.Then, Using transferFrom
method to make transaction behalf of user.
In Action
$owner_private = '0xcf29c83a88e23d0b9e676beca426490bf79aca71e9d24f79a99d30c48292e1e3';
$owner_address = '0xA7e5F270c27E9d33911EE7D50D8E814f793d2760';
$myapp_private = '0xa6b6be193bfeac6160178ee6e1435609ae566a9054715e0802e4c3b39bb94e83';
$myapp_address = '0x8dC9b3c20795815aa063FEdBE8E564566CEc1893';
$to_address = '0x245013F05DdA116142Ca8db205ec4F8C780E3DcB';
//by this method we allow $myapp_address to send upto 99999 token behalf of $owner_address
$approve_tx = $token->approve($owner_address, $myapp_address, 99999);
$approve_tx_id = $approve_tx->sign($owner_private)
->send()
;
//the magic is here, $myapp_address send 10 tokens behalf of user and $myapp_address pay transaction fee
$transfer_tx = $token->transferFrom($myapp_address, $owner_address, $to_address, 10);
$transfer_tx_id = $transfer_tx->sign($myapp_private)
->send()
;
allowance
to check how much transferFrom remain$remain = $token->allowance($owner_address, $myapp_address);
Notices:
approve
method not need to be used on every transaction.
To revoke transferFrom
permission call $token->approve($owner_address, $myapp_address, 0)
by amount 0
.