How to Build a Tricky Smart Contract Bot on Solidity
Today, we will be diving into building a smart contract bot on Solidity that provides an easy passive income. My bot, which I call a front running bot, allows you to automatically trade a given token on the Ethereum blockchain without going through the typical transactional methods. This bot allows us to sniff the mempool and look for pending transactions within a block. By injecting our transaction with a higher gas fee, we can ensure that our transaction is processed first, allowing us to make a profit.
To get started, make sure you have Metamask installed and connected to the Ethereum mainnet. Then, go to Remix Ethereum Compiler, a web 3 application that allows you to develop, deploy, compile, and launch smart contracts coded in Solidity. Create a new contract named ‘bot.sol’ under the contracts folder.
Next, compile the ‘bot.sol’ file using the 0.6.6 version of Solidity. Make sure the language is set to Solidity and the EVM version is set to Compiler Default. Click on the ‘Compile bot.sol’ button and wait for the file to compile.
Now, deploy the contract to your wallet using Remix’s deploy and run transactions feature. Select ‘Injected Web3’ as the environment to connect Metamask to Remix. Click the ‘Deploy’ button and confirm the creation of the contract by paying the gas fees.
After successful deployment, copy the contract address and verify it on BSC scan. The next step is to fund the contract with some coins to be able to snipe liquidity pools. Copy the contract address and paste it in Metamask to send the funds.
Once the contract is funded, click the ‘Start’ button to start the bot sniffing the mempool for liquidity pairs. The bot will front run transactions and make a profit based on the slippage difference in the price.
You can withdraw your profit after 24 hours by clicking the ‘Withdrawal’ button. The bot will exit the liquidity pool and send the initial deposit plus the profit back to your wallet.
In conclusion, building a tricky smart contract bot on Solidity can provide an easy passive income. By leveraging the mempool and front running transactions, you can make a profit in the cryptocurrency market. However, please note that the profitability of the bot may vary, and it is important to stay updated and informed about the latest developments in the blockchain industry.
If you have any questions, feel free to contact me on Telegram. Don’t forget to share your profits in the comments below and follow for more updates.
