Add a config option and arg to set gas price for auto
fees calculation
#81
36
README.md
36
README.md
@ -66,21 +66,22 @@ services:
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## Gas and Fees
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<https://docs.cosmos.network/v0.50/learn/beginner/gas-fees>
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- Gas and fees in `cosmos-sdk`:
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- <https://docs.cosmos.network/v0.50/learn/beginner/gas-fees>
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- `gas` is a special unit that is used to track the consumption of resources during execution of a transaction
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- The maximum value a tx is allowed to consume can be capped by setting `gas` in the config
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- `fees` have to be paid by sender to allow the transaction into the mempool and is calculated using `gasPrice`:
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- `gas` is a special unit that is used to track the consumption of resources during execution of a transaction
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- The maximum value a tx is allowed to consume can be capped by setting `gas` in the config
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- `fees` have to be paid by sender to allow the transaction into the mempool and is calculated using `gasPrice`:
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```bash
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fees = gas * gasPrice
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```
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```bash
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fees = gas * gasPrice
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```
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- Typically, validators / full nodes set `min-gas-prices` to only allow txs providing minimum amount of fees
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- Using `cosmjs`, there are two ways max fees amount can be given for a tx:
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- Either by specifying `fees` and `gas` (in which case `fees` should be >= `gas` * `min-gas-price`)
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- Or by specifying a `gasPrice` (in which case `gasPrice` should be >= `min-gas-price` set by the node and fees is `auto` calculated by simulating the tx)
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- Typically, validators / full nodes set `min-gas-prices` to only allow txs providing minimum amount of fees
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- There are two ways max fees amount can be given for a tx:
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- Either by specifying `fees` and `gas` in the config (in which case fees should be >= gas * min-gas-price)
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- Or by specifying a `gasPrice` (in which case gasPrice should be > min-gas-price and fees is calculated by simulating the tx)
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- When using the `auto` fees calculation, the gas estimation by tx simulation is typically multiplied by a multiplier
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When using the `auto` fees calculation, the gas estimation by tx simulation is typically multiplied by a multiplier
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- As such, following `gas`, `fees` and `gasPrice` combinations can be used in `laconic-registry-cli`:
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- Gas set, fees set to `Xalnt`:
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@ -104,8 +105,9 @@ services:
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```
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- `gas` config ignored
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- uses `auto` fee calculation using gas estimation with default multiplier value from `registry-sdk`
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- tx fails mid-execution if it runs out of given gas
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- uses `auto` fee calculation using gas estimation with [default multiplier](https://git.vdb.to/cerc-io/registry-sdk/src/branch/main/src/constants.ts) value from `registry-sdk`
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- tx rejected if given `gasPrice` < `min-gas-price` set by the node
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- tx fails mid-execution if it runs out of calculated gas
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- Fees set to a `X` (without `alnt` suffix), gas price set to `Yalnt`:
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```bash
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@ -117,7 +119,8 @@ services:
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- `gas` config ignored
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- uses `auto` fee calculation using gas estimation with `fees` as the multiplier
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- tx fails mid-execution if it runs out of given gas, can be retried with a higher gas estimation multiplier (`fees`)
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- tx rejected if given `gasPrice` < `min-gas-price` set by the node
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- tx fails mid-execution if it runs out of calculated gas, can be retried with a higher gas estimation multiplier (`fees`)
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- Fees and gas price both not set:
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```bash
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@ -128,7 +131,8 @@ services:
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```
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- `gas` config ignored
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- Throws error:
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- uses `auto` fee calculation using gas estimation
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- throws error:
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```bash
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Gas price must be set in the client options when auto gas is used.
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@ -27,7 +27,7 @@ export const handler = async (argv: Arguments) => {
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const { owner } = argv;
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if (owner) {
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const [bondsByOwnerResult] = await registry.queryBondsByOwner([String(owner)]);
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const [bondsByOwnerResult] = await registry.queryBondsByOwners([String(owner)]);
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result = bondsByOwnerResult.bonds;
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} else {
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result = await registry.queryBonds();
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