insufficient funds for intrinsic transaction cost

Question

i've codded a script using js to trigger a buy on uniswap. the way i achieved this is through importing uniswaps smart contracts using this line of code:

const router = new ethers.Contract(addresses.router,['function getAmountsOut(uint amountIn, address[] memory path) public view returns (uint[] memory amounts)',
'function swapExactETHForTokens(uint amountOutMin, address[] calldata path, address to, uint deadline) external payable returns (uint[] memory amounts)'

],

in any case unfortunately I was met with an error saying unable to estimate gas limit , and after setting proper parameters for 'gasPrice' and 'value' I receive this error:

Error: insufficient funds for intrinsic transaction cost (error={"code":-32000,"response":"{"jsonrpc":"2.0","id":4,"error":{"code":-32000,"message":"insufficient funds for transfer"}}"}, method="estimateGas"

this is the code i used for my Uniswap Trade:

async function Buythis(){
const token0 = addresses.WETH; //Etherium
const token1 = '0x358aa737e033f34df7c54306960a38d09aabd523' //Desired Coin Address
const amountIn = ethers.utils.parseUnits('0.1', 'ether'); //Amount you wish to buy with. (0.15 eth in wallet currently.)
console.log('Amount in Passed')
const amounts = await router.getAmountsOut(amountIn, [token0, token1]);
console.log('Amounts out calculated')
const amountOutMin = amounts[1].sub(amounts[1].div(5)); //slippage
console.log('Slippage is set.')
var options = {gasPrice: ethers.utils.parseUnits('50', 'gwei'), value: ethers.utils.parseUnits('0.04', 'ether')};
console.log('Initiating Order.')
const tx = await router.swapExactETHForTokens(
  amountOutMin, 
  [token0, token1], 
  addresses.recipient, 
  Date.now() + 1000 * 60 * 10,
  options
  );

EDIT : yes it logged 'Initiating order' so the error is in the swapExactETHforTokens

Answer 1

The wallet that you connected to your router contract object does not have enough ETH balance to cover value + gasPrice * gasLimit.

In your case value = 0.04 ETH.

Assuming gasLimit = 200,000, gasPrice * gasLimit = 200000 * 50 * 10^-9 = 0.01.

So total you need to have at least 0.05 ETH balance (based on estimated gasLimit as above).

Answer 2

For me, the error came up because I was deploying my contract with an eth value greater than what I had in my Metamask wallet.

My total wallet balance was 0.9 ETH and I was trying to deploy with 1ETH :

var contract = await contractFactory.deploy({value: hre.ethers.utils.parseEther("1")});

changing the value to 0.07 solved it:

var contract = await contractFactory.deploy({value: hre.ethers.utils.parseEther("0.07")});

Answer 3

I also had parseEther at ("1") and increased the amount of ETH in my wallet to above 1 using the goerli faucet.

This fixed the problem for me.

my code: const sendValue = ethers.utils.parseEther("1")

You could also fix this by decreasing that amount like the above answer.

Link to faucet: https://goerlifaucet.com/

Answer 4

In my case I was testing a revert scenario and ethers couldnt estimate the gas properly because it knew the operation would fail. More here.

Just putting the asLimit manually didnt work, I had to include the maxFeePerGas, and the maxPriorityFeePerGasas well like this:

const feeData = await ethers.provider.getFeeData();
await contract.funtion(arguments, {gasLimit: 250000, maxFeePerGas: feeData.maxFeePerGas, maxPriorityFeePerGas: feeData.maxPriorityFeePerGas});