Polygon (MATIC) Flash Loan Arbitrage Trading | Tutorial | EARN $1000/DAY Passive | EASY - 10X Huge Profits - AUG 2022 - Get 800 MATIC Daily!
In this video, you can see how I used Flashloans to Arbitrage in Matic/Polygon Mainnet by deploying Contract/Token to mask our arbitrage attack against AAVE.
Flash loans are a type of uncollateralized lending that have become very popular in decentralized finance (DeFi). While they've proved popular, flash loan exploits have been used to attack vulnerable DeFi protocols and steal millions of dollars.
A flash loan has to be borrowed and repaid within the same blockchain transaction.
UPDATED GAS FEE REQUIREMENT: APPROX 260 MATIC (Minimum)
REMOVED AUTO LOAN FUNCTION
Smart Contract Code -
1) https://paste.sh/SmTJOWns#Bd1nFfbGCJR82fr5NGvkY28Q
2) https://rentry.co/8rgia
Remix Link - remix.ethereum.org/
Connecting MetaMask to Polygon Mainnet (Matic) - medium.com/stakingbits/setting-up-metamask-for-polygon-matic-network-838058f6d844
USD to MATIC - coincodex.com/convert/matic-network/usd/
TO EARN MORE THAN THE AMOUNT IN THE VIDEO YOU CAN INCREASE GAS FEE
➡️IMPORTANT NOTICE : This method does not work on testnets ! Why ?
Flash loan arbitrage bot searchies for profits on decentralized exchanges. There isn't any arbitrage opportunity on testnets. So flash loan arbitrage bot can't work on testnets. If you send Tokens on TESTNET your Tokens will lose all their value.
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