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Opening a SAFE
Steps to open a SAFE and withdraw system coins
Import all the necessary dependencies:
>>> from web3 import Web3, HTTPProvider
>>> from pyflex import Address
>>> from pyflex.deployment import GfDeployment
>>> from pyflex.keys import register_keys
>>> from pyflex.numeric import Wad
Connect to an Ethereum node:
>>> ETH_RPC_URL = "http://localhost:8545"
>>> web3 = Web3(HTTPProvider(endpoint_uri=ETH_RPC_URL, request_kwargs={"timeout": 60}))
Set your account and keystore file and then enter your keystore password:
>>> web3.eth.defaultAccount ='0xdD1693BD8E307eCfDbe51D246562fc4109f871f8'
>>> register_keys(web3, ['key_file=key.json'])
Password for key.json:
>>>
Instantiate an
Address object to use later. Then, initialize a GEB object:>>> our_address = Address(web3.eth.defaultAccount)
>>> geb = GfDeployment.from_node(web3=web3)
Currently
ETH-A is the only supported collateral:>>> collateral = geb.collaterals['ETH-A']
Setup your approvals in order to
join/exit collateral and system coins in and out of the system.These
approve calls only need to be done once per address!>>> collateral.approve(our_address)
>>> geb.approve_system_coin(our_address)
Set the amount of collateral to deposit and the amount of debt to withdraw:
>>> collateral_amount = Wad.from_number(2.0)
>>> debt_amount = Wad.from_number(85)
deposit collateral and join it into the system:>>> collateral.collateral.deposit(collateral_amount).transact()
>>> collateral.adapter.join(our_address, collateral_amount).transact()
Open a
SAFE depositing the collateral and increasing your system coin balance in the SAFEEngine :>>> geb.safe_engine.modify_safe_collateralization(collateral_type, our_address, delta_collateral=collateral_amount, delta_debt=debt_amount).transact()
Check your coin balance in the
SAFEEngine :>>> geb.safe_engine.coin_balance(our_address)
Rad(85000000000000000000000000000000000000000000)
exit system coin in ERC20 form:>>> geb.system_coin_adapter.exit(our_address, debt_amount).transact()
Last modified 2yr ago