🔗sol

Description

The estimateFee function is used to estimate the transaction fee for a given event in a specified environment.

Parameters

NameTypeDescription

event

string

The name of the event for which to estimate the transaction fee

env

string

The name of the environment (e.g., testnet, mainnet) for which to estimate the transaction fee

Response

NameTypeDescription

code

number

A code indicating the success or failure of the function (1 = success, 0 = failure)

result

string

The estimated transaction fee (in a string format) if the event is supported and the environment is valid

error

string

The error message if the function fails to estimate the transaction fee

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:

npm install @nest25/wallet-lib
OR
yarn add @nest25/wallet-lib

Request

Here is an example of how to make a estimateFee request using the Nest SDK:

// import Nest SDK
import { Wallet } from 'nest25/wallet-lib';

// Create a new instance of the Wallet class
const wallet = new Wallet();

const main = async () => {
  // estimate the fee for a transfer
  const response = await wallet.estimateFee('solana', 'transfer');
  // print the response
  console.log(response);
};

main();

Response

  { code: 1, result: '0.000005' }

Use Cases

  • Building Applications: Developers building applications that interact with blockchain networks can use this function to estimate the transaction fee for a specific event in a specified environment.

  • Performance Optimization: The function can be used by developers to optimize the performance of their applications by choosing the most cost-effective event to perform based on the estimated transaction fee.

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