Depositing USDC

Add USDC to the 7N7D Trading Vault programmatically.

Coming Soon

The SDK is currently in development. This documentation describes the planned API.

Basic Deposit

import { SevenNSevenD } from '@7n7d/sdk';

const client = new SevenNSevenD({
  rpcUrl: process.env.RPC_URL,
  privateKey: process.env.PRIVATE_KEY,
});

// Deposit 1000 USDC
const result = await client.vault.deposit('1000');

console.log(`Transaction hash: ${result.hash}`);
console.log(`Shares received: ${result.shares}`);
console.log(`Share price: ${result.sharePrice}`);

Deposit Workflow

┌──────────────┐     ┌──────────────┐     ┌──────────────┐
│  Check USDC  │ ──► │   Approve    │ ──► │   Deposit    │
│   Balance    │     │  (if needed) │     │   Execute    │
└──────────────┘     └──────────────┘     └──────────────┘

Step-by-Step

1. Check USDC Balance

const balance = await client.getUSDCBalance();
console.log(`USDC Balance: ${balance}`);

if (parseFloat(balance) < 1000) {
  throw new Error('Insufficient USDC balance');
}

2. Check Allowance

const allowance = await client.vault.getAllowance();
console.log(`Current allowance: ${allowance}`);

// If allowance is insufficient, approve first
if (parseFloat(allowance) < 1000) {
  const approvalTx = await client.vault.approve('1000');
  await approvalTx.wait();
  console.log('Approval confirmed');
}

3. Execute Deposit

const depositTx = await client.vault.deposit('1000');
const receipt = await depositTx.wait();

console.log(`Deposit confirmed in block ${receipt.blockNumber}`);

Deposit Options

Specify Amount

// Deposit exact USDC amount
await client.vault.deposit('1000');      // 1000 USDC
await client.vault.deposit('1000.50');   // 1000.50 USDC
await client.vault.deposit('0.01');      // 0.01 USDC (minimum)

Deposit Maximum

// Deposit entire USDC balance
const maxDeposit = await client.vault.depositMax();
console.log(`Deposited all USDC: ${maxDeposit.amount}`);

With Options

const result = await client.vault.deposit('1000', {
  // Gas settings
  gasLimit: 300000,           // Custom gas limit
  maxFeePerGas: '0.1',        // gwei
  maxPriorityFeePerGas: '0.01',
  
  // Slippage protection
  minShares: '950',           // Minimum shares to receive
  
  // Deadline
  deadline: Date.now() + 300000, // 5 minutes
});

Helper Functions

Estimate Shares

Before depositing, estimate how many shares you'll receive:

const estimate = await client.vault.estimateDeposit('1000');

console.log(`Depositing: ${estimate.usdcAmount} USDC`);
console.log(`Expected shares: ${estimate.shares}`);
console.log(`Current share price: ${estimate.sharePrice}`);
console.log(`Estimated gas: ${estimate.gasEstimate}`);

Approve with Infinite Allowance

For frequent depositors:

// Approve unlimited USDC (use with caution)
await client.vault.approveMax();

Check Approval Status

const needsApproval = await client.vault.needsApproval('1000');

if (needsApproval) {
  await client.vault.approve('1000');
}

await client.vault.deposit('1000');

Convenience Method

One function that handles approval if needed:

// Automatically approves if necessary, then deposits
const result = await client.vault.depositWithApproval('1000');

console.log(`Approval tx: ${result.approvalHash || 'Not needed'}`);
console.log(`Deposit tx: ${result.depositHash}`);
console.log(`Shares received: ${result.shares}`);

Transaction Results

DepositResult Object

interface DepositResult {
  // Transaction info
  hash: string;              // Transaction hash
  blockNumber: number;       // Block number
  
  // Deposit details
  usdcAmount: string;        // USDC deposited
  shares: string;            // Shares received
  sharePrice: string;        // Price per share
  
  // Gas info
  gasUsed: string;           // Gas consumed
  gasCost: string;           // Cost in ETH
}

Access Results

const result = await client.vault.deposit('1000');

// Transaction details
console.log(`TX: ${result.hash}`);
console.log(`Block: ${result.blockNumber}`);

// Deposit details
console.log(`Deposited: ${result.usdcAmount} USDC`);
console.log(`Received: ${result.shares} shares`);
console.log(`At price: $${result.sharePrice} per share`);

// Costs
console.log(`Gas used: ${result.gasUsed}`);
console.log(`Gas cost: ${result.gasCost} ETH`);

Error Handling

import { SDKError } from '@7n7d/sdk';

try {
  await client.vault.deposit('1000');
} catch (error) {
  if (error instanceof SDKError) {
    switch (error.code) {
      case 'INSUFFICIENT_BALANCE':
        console.log('Not enough USDC in wallet');
        break;
        
      case 'INSUFFICIENT_ALLOWANCE':
        console.log('Need to approve USDC spending first');
        // Auto-fix:
        await client.vault.approve('1000');
        await client.vault.deposit('1000');
        break;
        
      case 'MIN_SHARES_NOT_MET':
        console.log('Share price changed, got fewer shares than expected');
        break;
        
      case 'DEADLINE_EXCEEDED':
        console.log('Transaction took too long');
        break;
        
      case 'TRANSACTION_REVERTED':
        console.log('Transaction failed:', error.reason);
        break;
        
      default:
        console.log('Unknown error:', error.message);
    }
  }
}

Full Example

Complete deposit workflow:

import { SevenNSevenD } from '@7n7d/sdk';

async function depositToVault(amount: string) {
  const client = new SevenNSevenD({
    rpcUrl: process.env.RPC_URL!,
    privateKey: process.env.PRIVATE_KEY!,
  });

  // 1. Check balance
  const balance = await client.getUSDCBalance();
  console.log(`Current USDC balance: ${balance}`);
  
  if (parseFloat(balance) < parseFloat(amount)) {
    throw new Error(`Insufficient balance. Have ${balance}, need ${amount}`);
  }

  // 2. Estimate deposit
  const estimate = await client.vault.estimateDeposit(amount);
  console.log(`Will receive ~${estimate.shares} shares`);
  console.log(`Estimated gas cost: ${estimate.gasEstimate} ETH`);

  // 3. Deposit with auto-approval
  console.log(`Depositing ${amount} USDC...`);
  const result = await client.vault.depositWithApproval(amount);
  
  console.log('Deposit successful!');
  console.log(`  TX Hash: ${result.depositHash}`);
  console.log(`  Shares: ${result.shares}`);
  console.log(`  Value: $${result.usdcAmount}`);

  // 4. Verify new balance
  const newBalance = await client.vault.getBalance();
  console.log(`New vault balance: ${newBalance.shares} shares ($${newBalance.usdcValue})`);

  return result;
}

// Execute
depositToVault('1000')
  .then(result => console.log('Done!', result))
  .catch(error => console.error('Failed:', error));

---

Next: Learn how to Withdraw funds from the vault.