Now Reading: How I Legally Earned Over $200k With MEV Bots

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How I Legally Earned Over $200k With MEV Bots

svgFebruary 24, 2023Passive IncomeDev George

Hello Web3 Community, My name is George and this is my story!

What to know?

Front-running is trading stock or any other financial asset by a broker who has inside knowledge of a future transaction that is about to affect its price substantially. What is front-running in crypto? The term “front-running” refers to the process when someone uses technology or market advantage to get prior knowledge of upcoming transactions.

Maximal extractable value (MEV) refers to the maximum value that can be extracted from block production in excess of the standard block reward and gas fees by including, excluding, and changing the order of transactions in a block.

Arbitrage is another common but less controversial MEV tactic in which traders exploit tiny price differences for the same token on different exchanges.

You can know more by watching my video HERE

ETHERSCAN

  • MY ETHEREUM WALLET SHOWING PROCEEDS FROM MEV…

Important: I didn’t make all that in a month, it was a gradual process.

About me? I’m a Solidity and web3 developer.

How did i make so much? Read on…

I came up with the idea of a Frontrunning bot which allows me to automatically buy before others and sell immediately after they buy to make profit. All I had was 1 ETH and an internet connection, and programming knowledge. With that, I was able to increase it to 226 ETH.

Out of my generosity, I shared the code as well as the step by step process in my video HERE for free.

The journey hasn’t quite been easy,
But I’ve made it this far and can only go further.

The code is regularly updated. This is because many people are targeting the same pool and overtime it’ll become saturated therefore I’ve timed it and i update it with new pools regularly, especially with the Liquidity from FTX saga.

However, I’ll only update the code Up until 15th December 2023. So my method STILL Works until 15th December 2023, after which i cannot guarantee profits, this is because I’ll be traveling to Mauritius in order to avoid Winter! Mauritius is nice this time of the year. While away, i will not be able to update the code. This does not mean that the code will stop working exactly on that date but that’s the date I’ll drop the last update and profits will trickle down eventually. Thanks for understanding 🙏

Please like and subscribe to my channel as I have awesome stuff I planned coming soon. They include New Token Standard,New DEX resistant to Frontrun, A bridge between CEX and DEX, etc

*Disclaimer: Not a financial advice but my life story. DYOR.

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    How I Legally Earned Over $200k With MEV Bots