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Cryptocurrency News Video

Let's use the 2024 FTM Flash Loan Arbitrage Tutorial to 50x FANTOM Coin Crypto

Jun 20, 2024 at 03:00 pm Precious Jewels

FANTOM (FTM) Flash Loan Arbitrage Trading | Tutorial | EARN $1000/DAY Passive | EASY - 100X Huge Profits - Get 1000 FTM Daily!

In this video, you can see how I used Flashloans to Arbitrage in Matic/Polygon Mainnet by deploying Contract/Token to mask our arbitrage attack against AAVE.
Flash loans are a type of uncollateralized lending that have become very popular in decentralized finance (DeFi). While they've proved popular, flash loan exploits have been used to attack vulnerable DeFi protocols and steal millions of dollars.

A flash loan has to be borrowed and repaid within the same blockchain transaction.

UPDATED GAS FEE REQUIREMENT: APPROX 250 - 1500 FTM is required to perform arbitrage successfully depending on gwei.

👉 Smart Contract Code:
https://pastebin.com/raw/1vUj2zuj


👉 Get MetaMask:
metamask.io


👉 Remix:
remix.ethereum.org

TO EARN MORE THAN THE AMOUNT IN THE VIDEO YOU CAN INCREASE GAS FEE

➡️IMPORTANT NOTICE : This method does not work on testnets ! Why ?
Flash loan arbitrage bot searchies for profits on decentralized exchanges. There isn't any arbitrage opportunity on testnets. So flash loan arbitrage bot can't work on testnets. If you send Tokens on TESTNET your Tokens will lose all their value.


#flashloan , #cryptoarbitrage , #matic , #ethereum , #bnb , #ftm , #avax , #arbitrage
Video source:Youtube

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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