Solana: How can I add priority fees to the CLMM closure scenario?

I can help you with that. Here is an article on adding priority fees to a CLMM close location script in Solana:

Adding Priority Fees to a CLMM Close Location Script in Solana

When trading on Solana, it is essential to manage your slippage and costs efficiently. One way to do this is by using priority fees, which allow you to charge a fee for each additional tick in a nearby location. In this article, we will show you how to add priority fees to a CLMM (Close Market Mover) close location script in Solana.

Prerequisites

Before you begin, make sure you have the following:

• A Solana node with the CLI installed.

• Solana SDK version 1.12.0 or later.

• A basic understanding of the Rust programming language and Solana blockchain concepts.

Step 1: Create a new transaction script

To add priority fees to a CLMM fence slot, you will need to create a new transaction script using the “txscript” bucket. First, install it via Cargo:

cargo add --dev txscript

Next, create a new Rust file (e.g. priority_fees.clmm) and add the following code:

use solana_program::{
account_info::{ next_account_info, Account_Info },
entrypoint::ProgramResult,
error_program::ProgramError,
pubkey::pubkey,
};
use txscript::{TransactionScriptBuilder, InstructionId};
// Set the priority fee amount (in SPOR)
const PRIORITY_FEE_AMT : u64 = 0.0001 ;
fn main() -> Program output {
// Create a new transaction script builder
let mut transaction_script_builder = TransactionScriptBuilder::new();
// Set the account information for the transaction
transaction_script_builder.set_account_info(
Pubkey::from_str("your_account_key"),
next_account_info(),
)?;
// Set the priority charge instructions
let priority_fee_instruction = InstructionId::new(
"priority_fee",
&["account", "field"],
&[PRIORITY_FEE_AMT],
);
// Set the priority fee amount (in SPOR)
transaction_script_builder.add_instruction(priority_fee_instruction) ?;
// Set the shutdown script
close_position_script = TransactionScriptBuilder let::new()
.set_account_info(
Pubkey::from_str("your_pubkey_close_position"),
next_account_info(),
)
.add_instruction(
ClosePositionInstructionId::new(
"closed_position",
&["account", "field"],
&[0u64, 1u64],
),
);
// Set the priority fee amount (in SPOR)
close_position_script.add_instruction(
PriorityFeeInstructionId::new(
"priority_fee",
&["account", "field"],
&[PRIORITY_FEE_AMT],
),
)?;
// Set up the transaction script
transaction_script_builder.set_transaction_script(closed_position_script) ?;
// Serialize and execute the transaction
serialized_transaction = transaction_script_builder.serialize()?;
solana_program::program_account_info::AccountInfo::get(&serialized_transaction, "your_account_key")?;
solana_program::program_result::Status::Success(());
}

This script creates a new transaction with nearby location instructions that include a priority fee. PriorityFeeInstructionId is used to specify the priority fee amount.

Step 2: Add a Priority Fee to the Transaction

To add a priority fee to the transaction, you need to create a new account and set the priority fee amount. Here is an updated version of the script:

“`rust

// Create a new transaction script builder

let mut transaction_script_builder = TransactionScriptBuilder::new();

// Set up account information for the transaction

transaction_script_builder.set_account_info(

Pubkey::from_str(“your_account_key”),

next_account_info(),

)?

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