AIMBOT: Opening access to our new AI BOT
What is AIMBOT?
For anyone not familiar with AIMBOT, it’s an autonomous sniper that scrapes the blockchain in real-time and picks the best launches to invest in.
Trading profits are automatically shared among investors. You can claim your share of the reward pool directly from the token contract (or from our website).
OPEN BOT
We decided to offer a way for investors to use the bot for themselves. By doing so, we’re adding a new utility to the project and offering a new “active” way for users to engage with the bot.
We’re still weeks from being ready to open access but we wanted to take some time to share more context on how it will work, as well as answering most common questions around the bot.
How to access the bot?
In order to access the bot, you will need to hold at least 50 AIMBOT tokens.
You will be able to access the dapp from our website as we’re using a web interface (it won’t be available through Telegram).
How to use the bot?
In order to use the bot, you will need to fund your own bot instance with ETH. You can fund it with up to 5 ETH and it will run until it’s out of funds. You will be able to withdraw the ETH or pause your instance at anytime.
How to fund the bot?
We will never ask your private key as it won’t be needed to use the bot. Instead, we will provide an address to send ETH to, as well as a signature system so users can update any settings for their AI instance. In two clicks, you’ll be able to securely fund your bot instance.
How to sell my tokens?
Tokens bought through your bot instance will be automatically sent to your wallet (which only you have access to, as we don’t request private key). You can sell any tokens bought through Uniswap, like you would do for any other token you buy on the chain.
How do I decide what tokens to buy?
You do not get to pick tokens our AI instance buys. You still have access to some parameters to fine tune the buying strategy but the AI will pick tokens it buys for you, the same way it does for AIMBOT.
What parameters do I have access to?
You’ll be able to adjust the following:
- ETH fund for your AI instance
- Start / Pause / Stop the bot (manually for the beta, using a simple control on the website)
- Bribe setting (explained below, used to define your priority level)
- Scoring threshold (How aggressive you want the AI to behave)
- ETH amount for new buys
- Min and Max block to buy at (from 1 to 100 blocks since the first buy on a token)
- Max Gas Gwei (Maximum “fast gas” price allowed, or the bot will wait until gas is lower)
- Max Tax Percent (Maximum token tax in percent) Maximum Slippage (Maximum slippage percent or your buy will fail)
- Maximum Price Increase (Maximum X increase in price for a buy to be submitted. Setting this low will allow your bot instance to “wait” for a dip in price)
Scoring and bribe system
We’re bringing two important features with the open bot.
The scoring system is the one currently used on AIMBOT. It will allow you to determine how much “risk” you’d like to take. You’ll be able to define a “Minimum score” any token need to pass before letting your AI instance buy it.
As we do not share all the parameters used for scoring tokens, all users will be free to experience different scoring treshold until they’re satisfied with the “risk level”. In the future, we’ll add more clarity on how the score is calculated to simplify its readings.
The bribe system will determine your place in the buying queue when using the bot. Multiple users will be able to run the AI at the same time. This also means that you may compete with other users on the same launches.
In order to determine who’s getting in first in the buy block, you’ll be able to define a “bribe” that will be taken into account by the instance manager to define priority order.
Bribes can be as low as 0.002 ETH with no upper limit. Bribes are in increments of 0.001 ETH, so for example 0.0011 ETH is not a valid bribe. Users will be able to experiment on bribes to find the best “spot” to get early on new buys. Time of day and market conditions will affect the average bribe as market will dictate how much each user is willing to pay for new tokens.
Fees
Every buy will have a 1% fee added to it.
Gas
Users will also be debited their share of gas used in each buy transaction.
What about AIMBOT?
The rev-share will not be changed and the main AIMBOT AI will always have the buy priority over all users.
How do I pick the amount it buys?
Users will be able to specify how much ETH they’d like to spend on individual buys from the dapp.
If the max buy on a specific token contract is lower than the specified ETH amount, it will buy the maximum instead.
How does this benefit the AIMBOT project?
40% of the ETH generated from bribes and fees will be directly sent to the reward pool. Another 10% will be send to AI funding wallet (for AIMBOT trading). The remaining 50% will go to the team.
We may adjust this distribution in the future as we’ll keep control over bribe contract(s).
To learn more about AIMBOT:
Website: https://www.aim-bot.app/
Telegram: https://t.me/Aimbotportal
Twitter: https://twitter.com/aimbot_coin
