Artificial Intelligence
Ethereum
Description
AI has completely changed our lives. In this video, we will introduce how to use ChatGPT to write (MEV) bots to achieve risk-free arbitrage and earn 2 ETH daily with ChatGPT. Basically, Maximal Extractable Value (MEV) bots are arbitrage tools that sniffs Mempools for pending transactions on decentralized exchanges AKA DEXs for short (such as Uniswap, PancakeSwap, 1inch, Sushiswap, etc). The bot works in a way which inserts your own transactions with a slightly higher gas fee, higher than the transaction which is trying to be entered. Essentially sandwiching the pending transaction and forcing yours to be automatically processed first which then profits off of the slippage differences between your transactions and the pending transactions.
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