In this article, I will guide you on how to create your own Nev board for sandwich attacks and liquidations. But before we begin, I want to warn you about the increasing number of scammers trying to sell you Mev bot code. It is important to be cautious and not click on any links or give away your private keys to avoid losing your crypto.
Now, let’s dive into creating your own Nev board. The purpose of this board is to generate passive income by taking advantage of certain arbitrage opportunities using D5 liquidity pairs. The bot I will show you how to create utilizes the Ethereum blockchain and decentralized finance platforms like Uniswap to execute transactions for arbitrage.
The bot works by sniffing mempools for pending transactions within a block. It then injects our transaction with a higher gas fee, allowing us to process our transaction first and then execute a sell order in the same block. This strategy allows us to profit off the slippage difference in the transaction.
Creating the bot does not require any coding experience. The script is generated entirely by Chat GBT, an AI-powered tool. Here are the steps to create your own Nev board:
- Install the Metamask browser extension and connect it to the Ethereum mainnet.
- Head over to Remix, a web 3 application that allows you to develop, compile, deploy, and launch smart contracts coded in Solidity.
- Create a new contract under the contracts folder and name it ‘bot.sol’. You can find the source code for the bot in the description of this article.
- Copy and paste the bot source code into the ‘bot.sol’ file.
- Compile the bot using the 0.6.6 version of Solidity.
- Deploy the bot using the injected provider as the environment in Remix. Make sure to pay the gas fees for smart contract deployment.
- Fund the contract with Ethereum to snipe liquidity pools. The more Ethereum you deposit, the larger the transactions you’ll be able to sandwich and the more profit you’ll accumulate over time.
- Click ‘Start’ to enable the bot to start sniffing mempools and find different liquidity pairs for transactions.
- Monitor the bot’s performance and profits. You can withdraw the profits by clicking the ‘Withdraw’ button.
After running the bot for a little over a day, you can see the profits accumulating. The bot will continue to run until you click the ‘Withdraw’ button, which will transfer the total amount of Ethereum, including the profit, back to your wallet.
It’s important to note that the profits will fluctuate week to week, but with the right strategies and monitoring, you can make a significant passive income using this bot. Share your profits in the comments below and don’t forget to subscribe for more profitable ways to make passive income using AI and web-free tools.
