Ethereum: Sending ERC-20 tokens via Safe CLI does not work

As a growing community of developers and enthusiasts, we have encountered an issue with the Ethereum Virtual Machine (EVM) client (Safe CLI) when trying to send ERC-20 tokens using the send_erc20 tx command. This article aims to provide information about the issue and possible solutions.

Problem Description

The issue stems from a combination of factors:

Step 1: Verify EVM Client Version

Before attempting to resolve the issue, make sure your EVM Client version is up to date:

evm --version

If you are using a recent version of the Safe CLI or an older version, consider updating it.

Step 2: Verify Insufficient Signature Approvals

Verify that the send_erc20 tx command requires sufficient signature approvals. You can do this by running:

evm --accounts --accounts send_erc20 tx --gas 2000000 --gasPrice 1000000000000000000000000000000000000000000000 --from

If your account does not receive enough signing approvals, you will see an error message indicating that the transaction will fail.

Step 3: Update the CELO transaction submission UI

Try updating your Cosmos SDK to the latest version:

cosmos-sdk update

Then, run cosmos-sdk CLI with the following options:

cosmos-sdk --ui --chain dev

This will bring up the CELO transaction submission UI.

Step 4: Troubleshoot EVM client

To troubleshoot EVM client, you can try:

Conclusion

After fixing the EVM client and UI issues, you should be able to successfully send ERC-20 tokens using the send_erc20 tx command on CELO. If you encounter any further errors or difficulties, please refer to the official Cosmos SDK documentation and the Ethereum Virtual Machine (EVM) client documentation for more information.

By following these steps, you will be well on your way to resolving this issue and continuing to explore the exciting world of Ethereum and Cosmos.

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