I wanted to test the limits of Chat GBT to see what it is capable of in the environment of D5. So, I asked it to generate a trading bond that uses the Uniswap liquidity pools for rapid Ethereum tokens. The goal was to find arbitrage opportunities and earn passive income. The result was absolutely insane! This solidity script automatically trades any token on the Ethereum network without the need for manual transactions. It takes advantage of decentralized finance platforms like Uniswap to sandwich transactions for arbitrage opportunities. The bot sniffs pending transactions within a block and injects a transaction with a slightly higher gas fee to ensure it is processed first. It then processes a sell order within the same block, profiting off slippage differences in the transaction.
I have been using this bot to earn passive income for weeks, and the best part is that it doesn’t require any coding skills to set up. The script was generated entirely by Chat GBT. In this article, I will show you how to set it up.
To set up the bot, make sure you have the MetaMask browser extension installed and connected to the Ethereum mainnet. Then, head over to remixcompiler.net, a web application for developing, compiling, and launching smart contracts coded in the Solidity language. Create a new contract named ‘Bond’ under the contracts folder. Paste the source code of the Chat GBT solidity script into the contract.
Before deploying the contract, there are a couple of things to check. Look at lines 50 and 51, which contain the addresses of wrapped Ether tokens. Verify these addresses using Etherscan. Once everything is verified, compile the contract using the 0.6.6 version of Solidity. Make sure the language is set to Solidity and the EVM version is set to default. Click on the ‘Compile’ button.
To deploy the contract, select ‘Injected Provider’ as the environment and connect your wallet to Remix. Confirm the contract deployment by paying the gas fees. Once the deployment is confirmed, you can see the contract address on Etherscan.
To fund the contract, copy the contract address and go to MetaMask. Make sure you have the correct address and fund the contract with the desired amount of Ethereum. The more Ethereum you put in, the larger the transactions you can sandwich and the more profit you can accumulate over time.
Finally, click on the ‘Start’ button to enable the bot to start sniffing the mempool for liquidity pairs. The bot will automatically sandwich transactions and generate profits. After a certain period, you can click on the ‘Withdraw’ button to exit the liquidity pool and transfer the funds back into your wallet.
I have been running the bot for over 24 hours and have already made a 31% profit. The bot will continue to run until you click the ‘Withdraw’ button. The profits may fluctuate week to week, but this is a great way to generate passive income using AI and web3 tools.
If you have any questions, feel free to ask me on Telegram. Don’t forget to share your profits in the comments below and subscribe for more profitable ways to make passive income using AI and web3 tools.
