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is there a contract example which allows to exchange one erc20 for another?

i have 2 tokens

i want to exchange from tokenA to tokenB 1:1 and keep 1% as a fee

the sender should just make a normal erc20-send to the contracts address and receive back the other token.

the contract will have a pool of tokens, A and B

if someone pays 1 tokenA to the contract, the contract should send 0.99 tokenB back to the sending address and keep 0.01 tokenA in the pool.

i saw uniswap is doing something like this but with variable rates and more complex.

please point me to an example of such a contract or even point me to some good solidity programmer who could make this for me.

thanks for your time

1 Answer 1

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It is fairly easy if you assume some simplifications:

  • both tokens have the same decimals
  • no error checking
  • Swap contract have enough funds of tokenB
function swapA(uint256 amountA) {

    // Tranfer tokens from sender to this contract
    tokenA.transferFrom(msg.sender, address(this), amountA);

    // Calculate fees
    uint256 fee = amountA / 100;
    uint256 amountB = amountA - fee;

    // Transfer amount minus fees to sender
    tokenB.transfer(msg.sender, amountB);
}
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  • wow thank you, thats already a nice starting place. Commented Sep 23, 2019 at 8:13

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