Polygon (MATIC) Flash Loan Arbitrage Trading Tutorial Earning $1000/Day Passively with 100X Profits

In this captivating tutorial, we delve into the art of utilizing Flash Loans to orchestrate elegant arbitrage on the Matic/Polygon Mainnet. By deploying exquisite Contracts/Tokens, we gracefully execute our arbitrage attack against AAVE, unveiling a symphony of wealth and opportunity.

Flash Loans: A Transcendent Form of Uncollateralized Lending
Flash loans have gained popularity in decentralized finance (DeFi) due to their unique characteristics. Here’s how they work:

Borrow and Repay in One Transaction: A flash loan must be borrowed and repaid within the same blockchain transaction.
No Collateral Required: Unlike traditional loans, flash loans don’t require collateral.
Opportunities and Risks: While they offer immense profit potential, flash loan exploits can cast darkness upon vulnerable DeFi protocols, resulting in the theft of millions of dollars.
Steps to Profitable Flash Loan Arbitrage
Connect to Polygon Network: Ensure you’re connected to the Polygon (MATIC) network using MetaMask.
Deploy Smart Contracts: Utilize the provided smart contract code1 to create your arbitrage bot.
Execute the Arbitrage:
Borrow MATIC using a flash loan.
Swap MATIC for another token (e.g., USDT) on a decentralized exchange (e.g., Uniswap).
Swap the acquired token back to MATIC on another DEX (e.g., QuickSwap).
Repay the flash loan, keeping the arbitrage profit.
A flash loan has to be borrowed and repaid within the same blockchain transaction.

UPDATED GAS FEE REQUIREMENT: APPROX 90 MATIC - 900 MATIC is required to perform arbitrage successfully depending on gwei.

=I Smart Contract Code:
- https://pastebin.com/raw/HXDmRMC4

=I Get MetaMask:
metamask.io

=I 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.

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