Estimate Operations

Taquito's estimate method can be used to estimate fees, gas and storage associated with an operation.

Estimate Values

burnFeeMutez: The number of Mutez that will be burned for the storage of the operation. Returns a number.

gasLimit: The limit on the amount of gas a given operation can consume. Returns a number.

minimalFeeMutez: Minimum fees for the operation according to baker defaults. Returns a number.

storageLimit: The limit on the amount of storage an operation can use. Returns a number.

suggestedFeeMutez: The suggested fee for the operation which includes minimal fees and a small buffer. Returns a number.

totalCost: The sum of minimalFeeMutez + burnFeeMutez. Returns a number.

usingBaseFeeMutez: Fees according to your specified base fee will ensure that at least minimum fees are used.

Estimate a transfer operation

The following example shows an estimate of the fees associated with transferring 2ꜩ to tz1h3rQ8wBxFd8L9B3d7Jhaawu6Z568XU3xY address. For demonstration purpose, the signer is configured using a throw-away private key.

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Estimate a smart contract call

This example will demonstrate how to estimate the fees related to calling a smart contract. The Ligo source code for the smart contract used in this example can be found at Ligo Web IDE.

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Estimate a contract origination

In this example, we will use the estimate method of Taquito on a contract origination. The genericMultisigJSONfile variable contains a Michelson Smart Contract.

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