How to use the react-dev-utils-for-webpack4/WebpackDevServerUtils.prepareProxy function in react-dev-utils-for-webpack4

.then(port => {
    if (port == null) {
      // We have not found a port.
      return;
    }
    const protocol = process.env.HTTPS === 'true' ? 'https' : 'http';
    const appName = require(paths.appPackageJson).name;
    const urls = prepareUrls(protocol, HOST, port);
    // Create a webpack compiler that is configured with custom messages.
    const compiler = createCompiler(webpack, config, appName, urls, useYarn);
    // Load proxy config
    const proxySetting = require(paths.appPackageJson).proxy;
    const proxyConfig = prepareProxy(proxySetting, paths.appPublic);
    // Serve webpack assets generated by the compiler over a web sever.
    const serverConfig = createDevServerConfig(
      proxyConfig,
      urls.lanUrlForConfig
    );
    const devServer = new WebpackDevServer(compiler, serverConfig);
    // Launch WebpackDevServer.
    devServer.listen(port, HOST, err => {
      if (err) {
        return console.log(err);
      }
      if (isInteractive) {
        clearConsole();
      }
      console.log(chalk.cyan('Starting the development server...\n'));
      openBrowser(urls.localUrlForBrowser);