How to Use ChatGPT MEV bot and generate 0.48e in 12 hours

hello everyone today I want to tell you about how I created a bot with chat GPT that will help us to create passive income and make our lives much easier uh before we dive into the details I would like to say a few words about the fact that the world of cryptocurrencies is full of scammers the best and only way to save your money is to avoid suspicious transactions from other wallets and other unofficial platforms that work with your assets if you master the rules of asset safety let's begin configuring our bot the code for this bot operates on the principle of Mev short for maximal extractable Value Mev involves the use of mempool and Arbitrage strategies along with front running it works with popular decentralized platforms on ethereum like Unis swap 1 in ETC simplistically it means that someone creates a transaction with slippage it goes into a mempool it's a place where transactions are waiting to be processed and get into the blockchain this chat gpt's code scans the mol sees this transaction checks if it can benefit from it and if so creates a transaction for the same amount but with higher gas price so that it passes first and then resells this transaction at a higher price thanks to the slippage this difference between the additional ether spent on gas and slippage is our profit first of all you need metamask I'll leave a link in the description if you don't have it installed then go to the remix ethereum it's an official platform form for creating smart contracts on solidity language this link provided in the description too click the new file button name the file whatever you want I'm going to call it code doou then copy the code that I left in the description and paste it into the file that you created if you're interested how the code itself works you can check it out there are some comments about it the bot requirements is using more than 0.5 ethereum cuz of smaller amounts don't have enough slippage to make profit on it and basically the more ethereum the bot uses the greater profit it brings you it's completely open source for Audits and free for modifications as well but in case of modifications only you are responsible for its functioning I have more than 0.5 ethereum on metamask and connected to the ethereum main net chain uh if you have it to go to the compiler section and compile our bot best of all to enable optimization it can help to reduce gas spending in the future then click compile code. Sol then navigate to the deploy and run transactions tab if you didn't work with remix before follow the instructions in the environment tab choose injected provider metamask if successful you'll see wallet connection and after the connection use deploy button I would definitely recommend to use aggressive option for gas to deploy contracts because of difference in ethereum so small but transaction performs significantly faster now we're waiting for our Mev code deploy in the terminal you can find transaction message about deploying click on it and get the transaction ID go to The Ether scan and paste your transaction ID into search field here you can see success it means that smart contract successfully deployed also you can see here all information about your Bot including the balance it will'll use for front running uh now let's get back to the remix as you can see we've got a control panel for our bot uh every button has its own functioning uh first of all set trade balance ethereum sets the amount of ethereum that bot will use to front run transactions set trade balance percent pretty much the same thing uh but here you can set amount in percentage of ethereum on your wallet start native sends a a command to the bot to start working with funds and make transactions stop gives the bot a command to stop working with the funds withdraw commands the bot to withdraw funds from the smart contract to the Creator wallet uh before withdrawing funds it is necessary to stop the bot as the funds can be used in the front run at the moment key your personal API key that identificat you as bot's owner do not reveal it to anyone to start work with your Bot you need to click the key button then copy it and paste it into the value field after that we need to specify amount of ethereum the bot will work with I'll use one ethereum and click Start native Button as you can see the bot instantly analyzed My Wallet balance make sure that you connected to the ethereum chain and confirm connecting then go to The Ether scan and await of the confirmation of transaction bot successfully received one ethereum for front run trading and the remaining amount still on my wallet I want to track 12 and 24-hour yields it's been a bit less than 12 hours since let's see what we've made on this refresh The Ether scan page 0.54 ethereums it's more than $11,000 let's give it another 12 hours after 24 hours in total let's check the profit refresh ether scan again you can see I've made more than one ethereum in one day uh actually it sounds like a really good result to me and these earnings are full passive income now let's return to the remix and make withdraw to get my ethers back to the wallet firstly you must use stop function set the gas price to aggressive and confirm transaction after its successful confirming that you can find in terminal click withdraw button set gas to aggressive 2 and confirm wait until transaction will appear in the terminal as you can see I have instantly withdrawn funds from the smart contract back to my wallet bot doesn't have any additional fees because of only you or its owner also you can go to The Ether scan and check bot's balance with zero as expected if you see some ethereum on the smart contract balance try to refresh ether scan page thank you for watching the video and opportunity to share content with you I hope it provided new insights for you and help to create your own source of passive income subscribe to my channel for next videos about coding and web 3

Channel: Watson | WEB 3.0

Views: 499

Keywords: Thoughts, psychology, motivation

Id: UsORReCxTZ0

Length: 6min 54sec (414 seconds)

Published: Wed Feb 28 2024