Scallop Tools — A UI Tool for Building Sui Programmable Transaction Block (PTB)
Intro
Scallop Tools is a UI tool that lets you construct Programmable Transaction Blocks that contain multiple transactions into one transaction block. (🏆2023 Sui Seoul Builder House Hackathon 1st Place)
Unlike chains that are compatible with EVM, Sui provides a distinct advantage with its Transaction Blocks, which are capable of incorporating several transactions simultaneously. To illustrate, let’s consider a scenario where users aim to distribute a set of ERC20 tokens across various addresses. Under typical circumstances, this requires a contract to be established on the chain, along with approval for the contract to access the respective token. However, these steps are not only resource-intensive, consuming substantial Gas, but also potentially expose the process to security vulnerabilities.
In contrast, Sui’s architecture simplifies this process considerably. It facilitates the direct transfer of tokens to multiple addresses using a very straightforward method. Our UI tools enable users to compile numerous transactions into a single Programmable Transaction Block. Essentially, we empower end-users by offering them the tools necessary to construct their own Programmable Transaction Block.
Basic Features
Scallop Tools V1 supports these kinds of basic features:
1. Transfer Object
You can transfer an object to an address, please check Sui Explorer before you transfer your Object to see what it is.
2. Transfer Coin
You can transfer coins to an address, please check Sui Explorer and make sure the coin is the real coin with the correct address.
3. Split Coin
You can split a coin object into many coin objects.
4. Merge Coin
You can merge a coin into an object.
5. Dump Object
You can dump an object into an incinerator address.
Programmable Transaction Blocks
Upon these basic features, you can start creating your own Programmable Transaction Block, here are two PTB examples:
Send coins to multi addresses
By adding three Transfer Coin transactions to send coins to multi addresses.
Merge coin and split coin in one PTB
By adding Merge Coin transaction and Split Coin transaction in a Programmable Transaction Block.
We look forward to seeing more creative Programmable Transaction Blocks sent by Scallop Tools, welcome to share your Programmable Transaction Blocks at Scallop Discord.
What Next?
These are some exciting features we are building for Scallop Tools V2:
- Send Arbitrage Trading Between Different Protocols
To enhance the possibilities for arbitrage trading, we’re set to integrate with more DEXs and lending/borrowing protocols.
- Transaction with Memo
To make transactions more seamless, we plan on introducing a memo feature that will allow users to add personalized notes to their transactions.
- Local Storage of PTBs
In order to offer a more secure and personalized user experience, we’re working on a feature that will allow you to store your PTBs locally.
We look forward to continuing this journey with you and providing you with the most comprehensive and user-friendly DeFi tools in the Sui ecosystem.
