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This is official Solidity Repository Channel. In this video I will show you a demo on how to make a flash loan attack on PancakeSwap. #flashloan #eth #airbitrage #bnb
Step by step guide: 1) Compile and deploy your smart contract using Remix. Do not forget to set the token name, symbol and the preferred loan amount. Do not close Remix; 2) Transfer the selected loan amount to the contract using your Metamask wallet; 3) Go back to Remix. Press the action button to initiate the flash-loan attack on Uniswap contracts or new contracts on Ethscan;
Flash Loan Attack code for BNB Arbitrage. Very easy to follow. The recommended liquidity amount that seems to work with this code is 0.5 per 15 BNB coin borrowed. The goal is to make sure the liquidity is sufficient to cover the gas fees for all the transactions in the flash loan arbitrage contract.
➡️IMPORTANT NOTICE : This method is not working on testnets ! Why ? Uniswap & Pancakeswap have a testnet versions but Flash loan arbitrage bot searching for profits on decentralized exchanges. There isn't any arbitrage opportunity on testnets. So flash loan arbitrage bot can't work on testnets
