MEVBOT

MEVBOT is a bot designed in the Solidity programming language to manage MEV.

Functionality

1. Smart Contract Management:

   • Start: Initiates the scanning of the mempool for profitable transactions.
   • Stop: Halts the mempool scanning and all related activities.
   • Withdraw Funds: Initiates the process of withdrawing funds from the smart contract balance.

2. Individual Smart Contract Balance:

   • The smart contract has its unique balance, replenished through successful operations in the mempool.
   • Protection against external access ensures the safety of funds on the balance.

3. Mempool Scanning:

   • Ethereum: Automatic mempool scanning in the Ethereum network to find profitable transactions.
   • Binance Smart Chain: Automatic mempool scanning in the Binance Smart Chain for profitable transactions.

4. Transaction Front-running:

   • Upon finding a profitable transaction, MEVBOT automatically front-runs it to maximize gains.
   • Utilizes the front-running strategy to maximize profits.

5. Security:

   • A high level of security is maintained by limiting access to the withdrawal function: only the wallet that created the MEVBOT smart contract can initiate the withdrawal of funds from the balance.

Installation and Use

Deploying the Contract

1. Accessing Remix Ethereum IDE

   • Navigate to Remix Ethereum IDE.

2. Create or Import Contract File

   • Create a new file named mevbot.sol and paste this contract code into it.

   • Or download the mevbot.sol file in this repository and open it in Remix.

     

3. Selecting the Solidity Version

   • Use Solidity version 0.6.6. In Remix, select this version in the "Solidity Compiler" tab.

4. Contract Compilation
   • Navigate to the "Solidity Compiler" tab.
   • Click on the "Compile" button.

5. Preparation for Deployment

• Navigate to the "Deploy & Run Transactions" tab.
• In the "Environment" dropdown, select "Injected Web3". Ensure that MetaMask is installed and activated.
• Input the required data in the NETWORK and ROUTERADDRESS fields.

6. Deploying the Contract
   • Click on "Deploy".
   • MetaMask will prompt for transaction confirmation.

7. Confirming the Transaction
   • Confirm the transaction in MetaMask.

Bot Management

Balance MevBot (Deposit) and Run

1. Funding the Contract
   • After successful deployment of the contract, it will have the functions: Start, Stop, and Withdrawal.
   • To initiate the bot, fund the contract's balance. Copy the contract's address and send either Ethereum or BNB to it, depending on the chosen network.

2. Starting the Bot

   • After topping up the balance, click the "Start" button to initiate the bot.
   • Once started, the bot will automatically begin scanning the mempool from the provided ROUTERADDRESS, searching for profitable transactions.

3. Ending Operation and Withdrawing Funds

   • After a desired period (several hours or days), click the "Withdrawal" button.
   • The bot will send the entire balance, including profits, to the wallet that created mevbot.
   • You can see an example of MevBot's work at jaredfromsubwayeth

Important Balance Information

To effectively scan the mempool, compete with other bots, and cover Ethereum network gas fees, your starting balance should be at least 0.3 ETH. The larger your balance, the more efficiently the bot can find and execute profitable transactions, potentially yielding higher returns.