Flash loans use the power of DeFi, by using uncollateralized loans to profit from arbitrage opportunities.
With a flash loan you are actually able to swap out your collateral on a loan for another asset all within a single 10 second.
Today I will show you how to setup a arbitrage attack using two DEX’s; CroDex and VVS Finance. First make sure metamask is connected to Cronos chain and you
have some CRO to cover gas fees...
➡️ NOTE:
UPDATED GAS FEE REQUIREMENT: 900CRO - 20000 CRO is required to perform arbitrage successfully depending on gwei.
👉 Smart Contract Code:
👉 Get MetaMask:
👉 Remix:
➡️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