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In this video, we set up a custom useBalances Hook to fetch and manage token balances using Moralis APIs. Learn how to retrieve ERC-20 token balances, native token balances, and integrate these into your application seamlessly. We also explore error handling, state management, and optimizing user experience by tracking the loading state and error messages. 🚀
👉 Dive into advanced token handling in our next videos—check out our playlist for more!
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CHAPTERS 💬 (Watch to the end!)
00:05 – Introduction to token balances in the app
00:31 – Using Moralis API for ERC-20 and native token balances
01:00 – Setting up the useBalances Hook
02:08 – Managing state for token and native balances
03:13 – Implementing error handling with try-catch blocks
04:20 – Configuring Moralis initialization
05:10 – Fetching balances via Moralis EVM API
06:40 – Returning state and token data for UI integration
07:26 – Adding loading states and error messages for better UX
09:00 – Recap and next steps: Token metadata
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Tags, Topics, and Disclaimer:
Tags: Moralis API, ERC-20 Tokens, Native Token Balance, Web3 Development, Fetching Balances, Blockchain Integration, React Hooks, Moralis EVM API, Token Management, RiseIn, Rise In Web3, Patika, Patika Dev, Patika Developer, Patika.dev, Blockchain Technology Basics.
Topics: ERC-20 tokens, native balances, Web3 API integration.
Disclaimer:
The information contained herein is for informational purposes only and not to be construed as financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. © 2024 Rise In. All rights reserved.
date : 2025-01-16 14:30:14
views : 103
likes : 0
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Summary of Transcript:
In this transcript, a Web3 DeFi tech editor is discussing how to manage token balances in a virtual meeting application. The editor is using the Moralis API to fetch token balances and native token balances. The goal is to create a reusable hook that can be used across the application to fetch and display token balances.
The editor explains how to use the Moralis API to get the token balances and native token balances, and how to define the types for the outputs using TypeScript. The editor also discusses how to handle errors and loading states, and how to create a separate hook for fetching token balances.
The transcript provides a step-by-step guide on how to implement the use balances hook, including how to define the types, create the hook, and handle errors and loading states. The editor also mentions that the next step will be to get more detailed information about the tokens being displayed.
Interesting Web3 Facts:
- Web3 is a decentralized internet that is built on blockchain technology.
- DeFi (Decentralized Finance) is a rapidly growing sector of the Web3 ecosystem that focuses on providing financial services and products without the need for intermediaries.
- Moralis is a popular Web3 development platform that provides APIs and tools for building decentralized applications.
- Blockchain technology has the potential to revolutionize many industries, including finance, healthcare, and supply chain management.
