Minimizing the cost of gas when claiming EOS using MyEtherWallet by koyn

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eos · @koyn · Jul 12 '17 (edited)

$1.69

Minimizing the cost of gas when claiming EOS using MyEtherWallet

## Safety First: 
[Please beware of phishing websites. Do not enter your key on a website you arrived at by clicking a link. Use bookmarks. Always triple-check the domain. You are responsible for your safety & security.](https://myetherwallet.groovehq.com/knowledge_base/topics/protecting-yourself-and-your-funds)

Also, please take some time out to read through the [Inherent Security Risks of MyEtherWallet](https://steemit.com/mew/@sandwich/inherent-security-risks-of-myetherwallet), by @sandwich


## Understanding the claimAll function
The steps on EOS.IO website suggests you select `claimAll` to claim your ERC-20 EOS Tokens. 

![claimAll.png](https://steemitimages.com/DQmTB6tMm1xWoAs4BUpmLXnW6mwT3MSfDiiLur6RxrYw2fd/claimAll.png)

This function essentially runs the `claim()` function in a loop for each contribution period that has ended. And each time it executes the function it needs gas. This is a screenshot of me claiming my tokens at the end of Period #2 when my only contribution was during Period #0:

![myclaims.png](https://steemitimages.com/DQmT6Jv7Rpzs2zdZqWi3STDyoPWn4tWtufD69wQD1mGfKCv/myclaims.png)

As you can see it has also tried to claim EOS during Period #1 and Period #2, returning with 0 EOS since I did not make any contributions. This means I have paid 3 times as much gas as I could have paid if I claimed only for a specific window.

## Claiming for a specific period
If you are sure in which period you made your contributions, claiming for a specific period is really easy. Most of the steps are taken from @sandwich's [The Complete Guide](https://steemit.com/eos/@sandwich/contributing-to-eos-token-sale-with-myetherwallet-and-contract-inner-workings) :

1. Go to https://www.myetherwallet.com/#contracts 
2. Under heading **Select Existing Contract** is a dropdown, select EOS Contribution
3. Click `Access`
4. Under the "Read / Write Contract" heading, in the dropdown select `claim`
![claim.png](https://steemitimages.com/DQmWKsXrJA1ZNdLw9EdbUeiLsVYPo8sELVsKG5A5o4N7PYN/claim.png)

5. Under **day** type in the period number in which you made your contribution. Example: for period #7 you would simply type `7`
6. Load your wallet
7. Click `Unlock` button
8. Click `Write` button
9. Set **Amount to send** to `0` and allow the wallet to suggest a **Gas Limit**. If it does not auto-populate, enter `90000` or more. If your TX fails, increase **Gas Limit**.
10. Click `Generate Transaction` button
11. Check the details of the transaction, and if you are confident with the details you have entered, click `Yes, I am sure! Make transaction.`
12. If all went well, a green bar will appear at the bottom of the page including a link to your transaction on the blockchain.

Below is screenshot of my claim for Period #3. It returns with a single line of 0 EOS Tokens. 
![claim.png](https://steemitimages.com/DQmb4j1zqEVAVfBBtSxNe4XyZhuAu7Hx4mKDY5TS5UBum9n/claim.png)

## Success!

👍 robrigo, sandwich, rubenalexander, revulv, max-infeld, nadejde, shenchris, food-creator, greatvideos, sjwl, solimanthree, pros, kornocopia, carbunco10, proctologic, applecrisp, alphacore, grifken, moeli0808, jland, ikeenan, prizmm, fire-dragon, voodoopulling, djjaron, derzsi, deepakagarwal, juanvilla, martinjurca, arrkiin, tinh, tiphune, aking7, sysguru, eltomos, elenasharma, rammhallen, ith4ca, jaggedsoft, rauderce, javierjmc, martim, tni, papitube, niking, koyn, roomservice, ice1416, eggtank, zlajoni, cryptoblog, davidaarong, bunix, urbanoid, michaelx, cryptohead, fractalnode, dab

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@applecrisp · Jul 17 '17 (edited)

$4.14

Thanks for the great guide on reducing our gas fees when claiming our EOS tokens! :)

It's a shame that a bunch of gas is being wasted each day because of the recommendation to 'claim all'. The total gas price will be even more horrendous closer to the end of the ICO, imagine paying gas 300 times even though you just invested in one of the ICO days - so that 31 cent gas transaction cost would turn into $93 (.31 * 300)!

👍 mrviquez, jesta, marcusxman, replypeeyu, derzsi, martinjurca, m023bl, sbdan, koyn, frk, sandwich

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@sandwich · Aug 3 '17

The recommendation for `claimAll()` is to simplify the already arduous process.

👍 ghoti143

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@benrussell · Mar 31 '18

@Koyn, do you have any idea how long it can take for the tokens to load?  I've tried claiming my tokens 5 times now and still haven't gotten anything.  I've tried claimall and even your claim suggestion now.  If my calculations are correct, I made the purchase in period 76 last September.  Is it possible I'm too late?

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@betelgeuse14 · Feb 22 '18

This is a very useful post. I just ran out of gas myself in my claimall() transaction, then I ended up using the claim() function as described here to get my EOS tokens :-)

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@cryptohead · Apr 12 '18

Great post, Thanks.
One small detail: 
How do you find out what period you made a particular contribution?

In my case, I have purchased EOS tokens several times in different periods
;)

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@dcryptonight · Jan 15 '18

Thanks for the help! :)

👍 dcryptonight

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@deepakagarwal · Nov 15 '17

Glad I read this. Thanks!

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@fire-dragon · Jan 24 '18

Thanks.  Just saw this as I am registering my tokens.  I'm unclear in this process of how I know what day I use to claim them?  I bought my tokens on an exchange and transferred them to MyEtherWallet and registered them today.  Is today the period I use to claim?

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@greatvideos · Jul 17 '17

Very well and professionally explained 
Thank you very much for your help and support 
Keep it up

👍 m023bl

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@husamia · Jan 14 '18

it would be great if we can do this with metamask. I prefer it over MEW

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@liondani · Mar 21 '18

$3.62

If I don't remember which periods I contributed, is there a way to find out without using claimAll ?

👍 liondani, wavy

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@chimeranzl · Apr 10 '18 (edited)

Go to: https://etherscan.io/address/xyz
(where xyz is your wallet address) - search for the eth transaction you sent to EOSCrowdSale.  See the age column that shows "days ago" that this was sent.  For example "4 days ago"
Now go to: https://eosscan.io/ and see what period we're currently at.  If its say, 291, then using above example, subtract 4 from the current period and that should be your claim day (or either side of it)

👍 chimeranzl, derzsi

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@mavesesva · Jul 26 '17

Super post

👍 mavesesva, bossforsimpri, trastiaconli, benny739, queretrogi, taiguceda, cutthstarulan, bauselivsa, beautotifo, malmbertdorla, naubitinfsand, marnewstaro, skyjenevcas, threadrantener, backrojona, neiquikurwea, rokabelzy, ingichotick, silinices, gritolimga, moynatsfesmei, upcounmuca, wrontertele, beclitalctheast, weafeeljuggsil, tivigatem, tuptoconneu, terprotenmill, dolzatife, fulradeci, wachtoufofit, lacrirava, quisquatruistyl, echnabesvie, schafamacaf, tiomengoldta, kacoterba, lavswindcilge, chalkfaweenda, cimareworl, diltactkirchna, analunmar, scorhernappcol, chlorypsnifha, nesstermcasin, vianokonan, roeplacinat, nextleanewpfmaw, blacanhortue, pemapenleasp, voinighterha, taucenfibar, ducklafunli, mepolconkqi, iglodunre, bonffeterra, meedujapar, retcitingring, soldogscotic, whittmittecon, tanmentbacre, wecktantfiles, codoubpana, ebpamangret, and 18 others

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@mmmltr · Nov 12 '17

I sent ether to EOS contract and I have been trying to claim my token and it has failed to work even when I increase Gas Limit it state (Window blocked) can you give me guideline on how to claim my token or contact EOS

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@paul-shore · Apr 10 '18

Very late reply but I did this just now using the above instructions except I used the prescribed gas limit which I think was about 87000 and that worked. 90000 hadn't worked before.

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@niking · Sep 23 '17

thanks, very helpful, otherwise I would waste a lot of fee on claiming my daily contribution.

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@nitego · Mar 2 '18

You have just saved me lots of ETH and money. I already had 3 transactions going out of gas! Imagine who much more i would have had to do to claim period 255!

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@prizmm · Dec 15 '17

Nice post , im on Telegram EOS , very nice project !

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@pros · Jul 17 '17

Thanks for the tip. Just claimed my tokens on 17th period.

I'm curious though. Some of the claimAll() do not seem to execute in a loop.

For instance  [this transaction ](https://etherscan.io/tx/0x3d25595cde5ec222eaf353278c798226a1528ffc77bec94092ac1b94b2175398) ran in a loop and cost $3.19, whereas [this one](https://etherscan.io/tx/0xcb8b1a6f72033ecf5b67697631bfb348ffe525b4da9607607126ab19ad920e5a) ran only once and cost only $0.43, though both used claimAll. Why is it?

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@koyn · Jul 19 '17

You make a good point. My guess is that the claimAll() function will not claim from the same window twice. For example, suppose period #10 has just ended. If this is the first time I'm running claimAll() it will run in a loop for every period between period #10 to period #0. Then 3 days later when period #13 has ended, claimAll() will run in a loop between period #13 to period #11. It will not bother running through periods #0 to #10 again. 

At least this is my guess anyway, someone else may be able to confirm

👍 pros, derzsi, sandwich

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@sandwich · Nov 6 '17

Yes, that is exactly how it works. `claimAll` will only attempt to claim unclaimed periods 

`pseudocode: periods[n] === false`

👍 magicalvin

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@shenchris · Jul 13 '17

Thank you, @koyn. For sharing this post. I've been looking for a solution to reduce the gas price forever on claiming the EOS tokens!

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@koyn · Jul 13 '17

No problem!

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@sskhawaja · Dec 14 '17

@koyn

"It returns with a single line of 0 EOS Tokens."

In my case, I transferred 1 ETH to EOS address and after claiming, it also returned 0 EOS token as you mentioned. But, is it normal?

I was exptecting tokens against 1 ETH I transferred then why did it return ZERO?

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@chimeranzl · Apr 10 '18

because you chose the wrong period

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@thespotlight · Nov 4 '17

And does that only work for MyEtherWallet?

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@tinh · Aug 31 '17

Damn I wasn't aware of this, no wonder why my gas kept going up.  Will resteem and upvote

👍 tinh

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@urbanoid · Sep 18 '17

Wow! This is awesome @koyn. I didn't know about that. Thanks.

properties (22)