⛏️approveVolary
Description
The approveVolary
function allows for the approval of a certain amount of tokens to be spent by another address, typically a smart contract.
Parameters
Name | Type | Description |
---|---|---|
| string | The address of the spender, typically a smart contract |
| string | The amount of tokens to approve for spending |
| string | The private key of the user's wallet |
Response
Property | Type | Description |
---|---|---|
| object | A transaction receipt object that includes information about the transaction, such as the transaction hash and status. |
Example Request and Response
Prerequisites
Before making requests with Nest SDK, you must have it installed.
You can install Nest SDK using either npm
or yarn
. Use the following commands to install Nest SDK:
Request
Here is an example of how to make a approveVolary
request using the Nest SDK:
Response
Use Cases
DeFi Applications: The function can be used by DeFi applications to approve the spending of a certain amount of tokens by a smart contract.
DEX Platforms: The function can be used by DEX platforms to allow users to approve the spending of their tokens for trading on the platform.
Lending Platforms: The function can be used by lending platforms to allow borrowers to approve the spending of their tokens as collateral.
Last updated