🔥 EIP-1559 Fee Suggestions 🔥
The function suggestFees()
is a utility function written in Javascript and it's intended to use with an ethers.js provider.
It returns an object containing:
-
maxBaseFee
andmaxPriorityFee
suggestions -
baseFeeTrend
indicator -
currentBaseFee
which is the current block base fee -
confirmationTimeByPriorityFee
an object containing estimated times of confirmation by priority fee chosen -
blocksToConfirmationByPriorityFee
an object containing estimated blocks of wait for a confirmation by priority fee chosen -
blocksToConfirmationByBaseFee
an object containing estimated blocks of wait for a confirmation by base fee chosen
Usage
import { JsonRpcProvider } from '@ethersproject/providers';
import { suggestFees } from './src';
const main = async() => {
const provider = new JsonRpcProvider(`https://ropsten.infura.io/v3/${YOUR_API_KEY}`);
const ret = await suggestFees(provider);
console.log('Result: ', ret);
}
main();
In addition, you can use specific methods to get maxBaseFee
and maxPriorityFee
specific data.
import { JsonRpcProvider } from '@ethersproject/providers';
import { suggestFees } from './src';
const main = async() => {
const provider = new JsonRpcProvider(`https://ropsten.infura.io/v3/${YOUR_API_KEY}`);
const fromBlock = 'latest' // the block that you want to run the estimations from
const blockCountHistory = 100 // the quantity of blocks you want to take in account for the estimation
const ret = await suggestMaxBaseFee(provider, fromBlock, blockCountHistory);
console.log('Result: ', ret);
}
main();
import { JsonRpcProvider } from '@ethersproject/providers';
import { suggestFees } from './src';
const main = async() => {
const provider = new JsonRpcProvider(`https://ropsten.infura.io/v3/${YOUR_API_KEY}`);
const fromBlock = 'latest' // the block that you want to run the estimations from
const ret = await suggestMaxPriorityFee(provider, fromBlock, blockCountHistory);
console.log('Result: ', ret);
}
main();
Credits
The suggestMaxBaseFee
estimations code is 100% based on the work of @zsfelfoldi published at https://github.com/zsfelfoldi/feehistory/