Aave Flash Loan Tutorial - Finding Arbitrage

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Patrick Collins

Patrick Collins

Күн бұрын

#python #solidity #ethereum #aave
Learn how to make contracts that use flash loans. Using Brownie, Solidity, Aave,
✍️Medium Post: medium.datadri...
⌨️ Code: github.com/Pat...
🍫🍰Brownie Code: github.com/bro...
👻 Aave: app.aave.com/
Intro Video by: Amitai Angor AA VFX • 4K Motion Background -...
Queen Flash: • Queen - Flash (Officia...
✅✅ Donate ✅✅
I use donated funds to spend money on making fun & informational videos.
ETH Wallet address: 0x9680201d9c93d65a3603d2088d125e955c73BD65
😸😸Join the community!😸😸
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All thoughts and opinions are my own.

Пікірлер: 712
@TravelChannelOne
@TravelChannelOne 3 жыл бұрын
Its like Jeff Bezos with hair
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I should keep a running list of these jokes
@williamlawson3617
@williamlawson3617 3 жыл бұрын
Holy cow, you're right...
@myonlinet-shirtbusiness5760
@myonlinet-shirtbusiness5760 3 жыл бұрын
The intro originally reminded of Sheldon from Big Bang Theory but you're right he has the Bezos nose.
@neelpatel122
@neelpatel122 3 жыл бұрын
Definitely
@MrGlujaN
@MrGlujaN 3 жыл бұрын
Without the billions but cooler
@RootkitStudios
@RootkitStudios 3 жыл бұрын
That intro was legendary
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I quite enjoyed making it thank you
@Dota2OG
@Dota2OG 3 жыл бұрын
im currently watching your 16hours course and i want to thank you so much for taking the time and helping so many people, i went trought the course because i want to build a arbitrage bot for bsc and with the experience and profits start developing my own projects , ended up finding your videos in the reverse order, but anyway thank you so much
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Awesome!! Glad they have been helpful!
@TheBrokerTopGee
@TheBrokerTopGee 3 жыл бұрын
How can I get the course
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@TheBrokerTopGee kzbin.info/www/bejne/g2aaZ4p9nql1mrM
@TheBrokerTopGee
@TheBrokerTopGee 3 жыл бұрын
@@PatrickAlphaC hanks
@NewGameMultimedia
@NewGameMultimedia 2 жыл бұрын
How did it work?
2 жыл бұрын
ok that intro was absolutely genius please more
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
You win a comment award. Take my like, thank you.
2 жыл бұрын
@@PatrickAlphaC Humbly I shall, thank you.
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
Questions can come in⬆️
@chrissutton232
@chrissutton232 3 жыл бұрын
You're absolutely killing it 👏 keep up the awesome tutorials
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Thank you!
@MrGlujaN
@MrGlujaN 3 жыл бұрын
You know.. you are teaching how to make people wealthy, not just with flashloans, but with your entire valuable content , thank you so much for your great work , you inspired me to be a better dev I hope my experiments on web3 work and i land a job in blockchain development soon.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Looking to make a dark world brighter. Good luck!
@MrGlujaN
@MrGlujaN 3 жыл бұрын
@@PatrickAlphaC I made it :D , now i have a job starting in this field, and that is so dope. my duty is to create an ICO and a frontend for an NFTgame. So thanks again
@terrymurtagh8814
@terrymurtagh8814 27 күн бұрын
Is there anywhere I can go to pay to get this set up for me. But with XRP on Tron network?
@IhssanElMedkouri
@IhssanElMedkouri 3 ай бұрын
The intro is just wow. Loved it.
@fevicoI
@fevicoI 3 жыл бұрын
You don’t have to tell us repeatedly. I did a favour to myself by subscribed and clicking on notification button. Got attached to you since the Chainlink videos! Nice work man!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Thanks so much! Going to keep making the Chainlink videos too :)
@rexrep
@rexrep 3 жыл бұрын
subbed based on the intro alone. lots of production value here.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
*sweats* I’ll do my best to keep it up ;)
@EaglesNotChickens999
@EaglesNotChickens999 2 жыл бұрын
Haa ha fun intro! First time here! Hope there is news I can use!
@mknight3488
@mknight3488 Жыл бұрын
These intros just misses a frog somewhere to be the best intro ever
@bizong
@bizong 2 жыл бұрын
im not going to lie... that intro was sick... love the videos! Savior of the Universe!!! Bangin!
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
LETS GO
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@angelcrypto4196
@angelcrypto4196 3 жыл бұрын
Thanks for the amazing content.. im completely new to coding and you have made it pretty much straight forward..Thanks!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
That’s the plan. Glad you liked it!
@JacobWard1995
@JacobWard1995 9 ай бұрын
Can you show us how to do a test on our aave flash loan using a forked network? For let’s say the mainnet.
@M00rgy
@M00rgy 2 жыл бұрын
Great guide. I love this intro
@mad7505
@mad7505 3 жыл бұрын
Best tuts! Great work dude!!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Thanks mad!
@thomasaddison4268
@thomasaddison4268 3 жыл бұрын
Man I want to buy stocks of this intro
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Alpha leak
@myonlinet-shirtbusiness5760
@myonlinet-shirtbusiness5760 3 жыл бұрын
When he was running in the intro he reminded me of Sheldon from Big Bang Theory.😂 I loved it.
@Saintel
@Saintel 3 жыл бұрын
This is just what I was looking for
@war4hire
@war4hire 3 жыл бұрын
Once again a great intro! Can you please make a video going deeper into the topic of Brownie adding Hardhat support?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Hasn’t been added yet, but once it comes out....
@MihaiLazarut
@MihaiLazarut 3 жыл бұрын
Nice tutorial, keep up the good work man.
@pgascon4349
@pgascon4349 3 жыл бұрын
Man for second I thought this was Jeff Bezos with hair haha awesome video!!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I get this comment 3x per video lel
@gravecode
@gravecode 3 жыл бұрын
Intro definitely sick bro
@patrickcollins479
@patrickcollins479 3 жыл бұрын
Thank you for watching, for question, guidance and support at anytime. Just DM +1.(4 .2 .3). 4 . 3 . 0 . 6 . 9 . 8 . 4 @ W H A T S A P...
@EbbyFlows
@EbbyFlows 3 жыл бұрын
Oh gawd that was an epic intro
@Anne-cv4ms
@Anne-cv4ms 3 жыл бұрын
Yes it was a great intro indeed ! :D
@user-wr4yl7tx3w
@user-wr4yl7tx3w 2 жыл бұрын
Your videos are definitely quality content.
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
Thanks fren
@jayhu6075
@jayhu6075 3 жыл бұрын
Amazing explanation about loan. Hopefully more example in different network. Many thanks
@merv893
@merv893 Жыл бұрын
Your right that intro was sick, It made me sick. Had to take 10 min before watching the rest. Lol great vids, if you learn smart contracts inside out or close to ,ish. Having no real world experience will you be able to get an opportunity. Thanks Patrick
@PatrickAlphaC
@PatrickAlphaC Жыл бұрын
ur sickness made me sik.
@Jesse-um1pz
@Jesse-um1pz 3 жыл бұрын
Lmfao this channel is so awesome. Thank you for everything you're doing, Patrick.
@traderkrum
@traderkrum 3 жыл бұрын
This deseves 1 000 000 000 views!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
A share would do wonders :)
@Jimmyisabot
@Jimmyisabot 3 жыл бұрын
OK, fine, sick intro!!
@mknight3488
@mknight3488 Жыл бұрын
Can we have a2024 version?
@PatrickAlphaC
@PatrickAlphaC Жыл бұрын
Good idea
@Tunnyemah
@Tunnyemah 11 ай бұрын
@@PatrickAlphaC pls pls pls 😊
@zubyoha
@zubyoha 3 ай бұрын
@@PatrickAlphaC that would be amazing pls make it happen!
@TakaoSenpai
@TakaoSenpai 3 жыл бұрын
I can't believe I found Jeff Bezos with hair
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I think I’m starting to like this joke
@JMDepisodes
@JMDepisodes 6 ай бұрын
the moment the Flash Gordon soundtrack came on ..he got me!!!! hahahhahahhhaahahh super funny!!!
@from2ureview251
@from2ureview251 3 жыл бұрын
please patrick keep it coming
@PinnėdbyPatrickCollins
@PinnėdbyPatrickCollins 3 жыл бұрын
Thanks for watching, For further discussion,questions & guidance,please contact my support line (Replies usually come within 2 hours +1. 8. 0. 4. 8. 2. 9. 3. 3. 8. 5).
@Diaryonwings
@Diaryonwings 3 жыл бұрын
Nice one man....but can you actually do one like top down it’s crazy but some of us don’t even know what software you use to open the contract or brownie or all of those
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Yeah.... you’ve mentioned this before actually. Is it the VS code and python where you struggle?
@Diaryonwings
@Diaryonwings 3 жыл бұрын
@@PatrickAlphaC Yh I know I have, I don’t think I know how to use it tbh it’s not really like the normal python console where you write codes then compile, there’s so much going on at the same time
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@Diaryonwings what do you mean "normal python console"? What are you using to write your python? Something like pycharm?
@the-omas
@the-omas 3 жыл бұрын
@@PatrickAlphaC what development platform are you on? That's what he is asking... Give name of your IDE platform
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@the-omas no he knows it’s VSCode, we’ve chatted before
@pan-galactic-gargleblaster
@pan-galactic-gargleblaster 3 жыл бұрын
I'm so glad this video came out! Couple weeks ago I took this aave mix for a spin on Matic. Long story short, the contracts deploy just great on mumbai and mainnet but brownie has a hell of a time interacting with contracts post deployment. Do you have any high-level intuitions why this might be? have you poked around on Matic using brownie yet?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I sure have! Stuff worked fine for me... love matic (polygon). What were the issues you ran into?
@pan-galactic-gargleblaster
@pan-galactic-gargleblaster 3 жыл бұрын
@@PatrickAlphaC you know what lol... I actually revisited that project just now. After getting my env variables up, I was able to call the contract and take out a flashloan using aave's lending pool on polygon. Didn't change an ounce of code; working inside of venv now, must have been the issue before. Anyway, for the adventurous in comments here: it is possible to use this exact brownie mix on matic. Just make sure to use the matic version of RPC, token addresses, etc.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@pan-galactic-gargleblaster beautiful!! If you’d like to make a PR to the repo adding the matic addresses, please do!
@RichJam1978
@RichJam1978 3 жыл бұрын
@@PatrickAlphaC I've implemented the flash loan in matic, no prob, but now I'm trying to add in a swap on quickswap and I'm having a hell of a time getting the transaction to go through. I think it's got something to do with the gas settings on Brownie. I've tried every variation I can think of, but currently not having any luck. Any ideas?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@RichJam1978 Make a stackoverflow question with the issue you're running into and post it here?
@fidiasfeliciano6424
@fidiasfeliciano6424 2 жыл бұрын
That intro IS sick
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
YES
@dronestrikejr
@dronestrikejr 3 жыл бұрын
Definitely topQuality content!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Helllll yeah
@azaranfox4057
@azaranfox4057 3 жыл бұрын
I wish any of this made a lick of sense to me, because I would love to try it.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
I’d love to have you learn to understand it friend
@enngennng5633
@enngennng5633 3 жыл бұрын
Thank you very much, is the arbitrage script running in the same script of flashloan? So the first function will be executed the arbitrage class and then when the condition met, it will call the and execute the flashloan subroutine? Or each script independent of each other? Should I put both in the same script or not? Thanks
@NobalChase
@NobalChase Жыл бұрын
Is there a video to install Brownie and Geneche and get to the point he's at. Looking for a video that does a step by step from beginning to end. Thanks.
@ThePlankton5165
@ThePlankton5165 Жыл бұрын
He literally installs these two in this video. Go to 11:34.
@stuafleish
@stuafleish 10 күн бұрын
Hi patrick, thanks for making this video. I am running into errors trying to do this with with aave V3 and I am hitting a dead end. Can you please do another one for V3? Thank you.
@aglamadrid19
@aglamadrid19 3 жыл бұрын
Thank you for the tutorial , I wanted to see it yesterday with the musk faucet up. Maybe we can use a flash loan to maximize rewards? My question is the payback, can we wait until another transaction happens before we payback the flash loan ?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Nope. Gotta pay back in the same transaction. You can use a regular loan to do what you want.... but then you don’t get that leverage.
@aglamadrid19
@aglamadrid19 3 жыл бұрын
@@PatrickAlphaC thank you
@abc_12333
@abc_12333 3 жыл бұрын
If you want to profit with a later transaction, combine the flash loan with a collateralized loan. If there's a spread in 2 stable coins, you get the flash loan, put it in a Maker Dao (Oasis) vault and pay back the flash loan. When the stable coins go back to the 1:1 ratio you get another flash loan , get your money out of the vault and pay back the flash loan.
@grayblanchard4144
@grayblanchard4144 2 жыл бұрын
You are my hero!
@RosserNFT
@RosserNFT 3 жыл бұрын
The coding is scaring me some but I feel I need to understand this content. Seems like a good way to make passive income
@himparks
@himparks 3 жыл бұрын
Find a kid at your local college who can code and split profits
@enngennng5633
@enngennng5633 3 жыл бұрын
@@himparks hahaha 😆 you make laugh 😃 you are absolutely right but if that kid find millions he will escape from the college and you can't find him anywhere 😉
@maximerochon6345
@maximerochon6345 3 жыл бұрын
Great video!!
@wyatt4225
@wyatt4225 2 жыл бұрын
that intro is so sick
@JohnnyDubstarCrypto
@JohnnyDubstarCrypto 3 жыл бұрын
Great video! I’d love to hear your thoughts on EQZ Equalizer. Dedicated to flash loans and LPs. Mainnet launch was yesterday. Now they need to fill up the vaults and create lots of liquidity over several assets. I would love to hear your opinion and maybe see a video if you have time! Thanks! DeFi and it’s new innovative tools are awesome!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Haven’t worked with that yet, don’t know much about it, sorry!
@thesciencestudent9299
@thesciencestudent9299 3 жыл бұрын
wow jeff bezos teaching me stocks,love ya
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Lawl. Stocks huh
@flurpshow
@flurpshow 3 жыл бұрын
🤣🙏🏽
@THEBadBugsKZD
@THEBadBugsKZD 9 ай бұрын
hey that intro was cool asl
@michaelwilliams343
@michaelwilliams343 3 жыл бұрын
How can we use this bot to swap coins on the AAVE Polygon Market? For example: I would like to swap a stablecoin for a target coin when the target coin is at price x and swap the target coin back to stablecoin when the target coin is at price y.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
You can just change the network you’re working with to polygon
@PrakashSahNepal
@PrakashSahNepal Жыл бұрын
Hey I have a doubt... Does signing a transaction cost some real ether from my metamask waller or does it run on testnet...
@petersokeoghene7702
@petersokeoghene7702 3 жыл бұрын
Hello, please have you made a tutorial on how to use the Flashloan to perform arbitrage trading? That'll be so helpful. Thank you
@notsoluckycharms3838
@notsoluckycharms3838 3 жыл бұрын
Like someone would straight up give u the code to make free money, lol♿️.
@petersokeoghene7702
@petersokeoghene7702 2 жыл бұрын
@@notsoluckycharms3838 Do you have the code, I'm ready to buy
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@noromeb4003
@noromeb4003 2 жыл бұрын
another way to do it without copying all the aave-flashlon-mix github ripo sins the contracts that we use are already deployed ?
@somatt
@somatt 3 жыл бұрын
Have a thumbs up for that intro
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
🙏
@somatt
@somatt 3 жыл бұрын
@@PatrickAlphaC one question, can you explain why it minted the aave token? Is that the payment to the protocol? I am only a bit confused on that part.
@robertcontreras287
@robertcontreras287 3 жыл бұрын
quick question. lets say a token is being minted at a certain price but the exchange is listing it a a different price is that considered a arbitrage opportunity worth creating a flash loan for?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Potentially!!
@bassadelica
@bassadelica 3 жыл бұрын
Patrick thanks so much for this video. My big question is (possibly another user knows) Why isn’t every coder able to just make millions on autopilot with exchange arb bots? It must be harder to be successful than it appears
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
A lot do. It’s because it’s easy to setup that it’s hard to be profitable, it’s incredibly competitive and every little detail counts
@truthgets613
@truthgets613 3 жыл бұрын
Great sugquestion
@boboandchotu7048
@boboandchotu7048 3 жыл бұрын
hi how does a complete beginnee goes about learning your course, where do i start
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
kzbin.info/www/bejne/g2aaZ4p9nql1mrM
@urisrssfeeds
@urisrssfeeds 2 жыл бұрын
question: when you say we have to deposit WETH into the contract to pay the premium/fee, do we need to do that on the main net as well? If so, how much do we need? Enough to pay gas fees plus the loan fee?
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
Yes and yes!
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@lorelore138
@lorelore138 2 жыл бұрын
Which better to learn between javascript hardhat or python brownie ?
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
Honestly, doesn’t matter. Whatever you want
@lorelore138
@lorelore138 2 жыл бұрын
@@PatrickAlphaC thanks
@lorelore138
@lorelore138 2 жыл бұрын
@@PatrickAlphaC maybe do You know a Master degree or courses to be a profesional in blockchain ? I am a autodidact and i learned solidity, rectajs, git , hardhat ,etc.
@lorelore138
@lorelore138 2 жыл бұрын
@@PatrickAlphaC thanks For your videos are awesome i have been watching your video about blockchain in freecodecamp
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
@@lorelore138 The freecodecamp video is the masters degree :)
@ShivamPatel-ey9re
@ShivamPatel-ey9re 3 жыл бұрын
How do you suggest i find arbitrage opportunities and if theyre profitable after gas fees? Is gonna come down to me on my in a normal program have an updating record of all price pairs and do a cycle detection on it? I recall i can do a log transform on a graph with assets as nodes and prices between asserts as edges, and now if theres a positive weight cycle on that then that implies there exists viable arbitrage between the assets. Do i then take that and just try that opportunity on this platform? I imagine i can cook up some c++ code to do that, find an opportunity, and then have it create a sol file with the correct parameters, fork a process, and run a command line command and have that process run the sol file send a signal back to my main program? Is this the optimal way to do it? Also how can i prevent getting rekt on gas fees? Is it like uniswap where i only pay gas fees on a successful transaction like if at the time of execution, prices go below slippage, then the router cancels it and no gas fees are paid or will i have to pay gas fees on failed transactions?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Basically, when you send gas, you can have a checker that just makes sure your profit is more than the gas you spent. There won’t be a lot of material on this. Since anyone who shills their secrets will have to compete with you. It’s not something I’ve been very successful with myself, as I don’t really want to compete with the flash bots and bigger infrastructures doing this
@ShivamPatel-ey9re
@ShivamPatel-ey9re 3 жыл бұрын
@@PatrickAlphaC i see, can you reccomend some reading or website for gas checker? Ill delete these comments after as to not mess up anyones schemes if you want. Lmao im a grad student in CS and i only found out about defi 3 months ago and only now getting time for 3 months to do reasearch and try to profit off this. Im just having a hard time finding educational materials on all this stuff.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@ShivamPatel-ey9re ahaha no you can keep it. Yeah, I’m trying to best to teach people, but often it’s kept pretty hidden. I’m coming out with a defi for fintech traders video/entire course soon that you can look forward to
@WELOSTDARRIN
@WELOSTDARRIN 3 жыл бұрын
@@PatrickAlphaC "there won't be a lot of material on this." lol we out here inventing shit bro
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@WELOSTDARRIN Honestly though
@horstbeethoven8635
@horstbeethoven8635 3 жыл бұрын
thank you for this great work! :)))
@patrickcollins479
@patrickcollins479 3 жыл бұрын
Thank you for watching, for question, guidance and support at anytime. Just DM +1.(4 .2 .3). 4 . 3 . 0 . 6 . 9 . 8 . 4 @ W H A T S A P...
@blockchain7888
@blockchain7888 3 жыл бұрын
Patrick great video, I am trying the code with polygon Mumbai, I am adding a new network Mumbai with the corresponding contractor addresses, getting a KeyError: , any clues
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Thanks for asking. Could you make this a stack exchange ETH question with all your information? ethereum.stackexchange.com/ Or make an issue on the repo?
@cryptoricanqueen
@cryptoricanqueen Жыл бұрын
Can you do a step by step tutorial using remix ide?
@RoldandelBolskan
@RoldandelBolskan 3 жыл бұрын
hahahah that intro deserves a subscribe
@zhaofour9833
@zhaofour9833 3 жыл бұрын
Hello Patrick, I really enjoy your vids, and I can use Python to develop some smart contract. I wonder could you make a video to introduce some methods or tactic about using smart contract to make some $? I believe so many tech geeks would be interested in, but we just don't where and how to start.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Making $ should be derived from creating value in the world.In the videos here, I’m showing you the tools to create value in the world, and it’s up to you to put those tools together to create something of value. Look, I’m a fan of making money as much as anyone else, but if you focus on the making money, rather than creating value, you’re going to make a lot of things that don’t last very long, because their goal wasnt to actual give value to anyone, and are “gimmicky”. You can make a lot of money in the space following this. Seeking alpha to keep markets efficient is one way to create value. Finding alpha to help people keep their money secure is another way. Creating valuable art people like as NFTs is another way. Building insurance platforms where the insurer can’t f over the users due to trustless agreements is another. Focus on value, and if you build something people value, and then market it, the $ will come.
@datingskillz9718
@datingskillz9718 Жыл бұрын
Hi, very nice video. I want to do something a little different and is hoping you can help me. I want to use a flash loan to pay for the transcation fees on an airdrop and pay back the fees after the airdrop has been completed.
@pedroenmanuelfuenteszambra8873
@pedroenmanuelfuenteszambra8873 3 ай бұрын
best intro ever
@yichengwang717
@yichengwang717 3 жыл бұрын
is it possible you teach how to write a code for arbitrage bot together with flash loan?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
This is basically it. You just have to do the work now to find the arbitrage. If I make a video on it, the opportunity will be gone by the time you’re watching it
@omar1187
@omar1187 3 жыл бұрын
Also i imagine developers have bots that automate the execrution of these flash loans. You think there are still opportunites for non bot executions? How do you keep track of arbitrage opportunites?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Basically no… you pretty much won’t win without a bot unless you get rreeeaaallllyyy lucky
@omar1187
@omar1187 3 жыл бұрын
@@PatrickAlphaC You got any idea how I can build my own bot for this? Like a bot that triggers the flashloan when when it recognizes a profitable opportunity between two exchanges? Have you tested out somehting like that?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@omar1187 this takes a loooot of savvy understanding of blockchain and code. Basically you’d constantly scrape for arb opportunities and then have to strike quick and fast with a lot of gas. It’s really hard
@omar1187
@omar1187 3 жыл бұрын
@@PatrickAlphaC Talking to a who is pretty saavy with polygon and Eth coding. Hes familiar with the concept. Your contracts would you say these could be a good foundation to work off of for developing this?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@omar1187 yes, very much so. To be honest most of the leg work is on you though
@lewisboudreaux320
@lewisboudreaux320 2 жыл бұрын
Is there a way to keep the script from running unless it sees a profit?
@АртёмМединаг
@АртёмМединаг 2 жыл бұрын
On intro we see StepN ADS?)
@biocuts
@biocuts 2 жыл бұрын
Great work Patrick, much appreciated!
@zhaofour9833
@zhaofour9833 3 жыл бұрын
Love your vids
@patrickcollins479
@patrickcollins479 3 жыл бұрын
Thank you for watching, for question, guidance and support at anytime. Just DM +1.(4 .2 .3). 4 . 3 . 0 . 6 . 9 . 8 . 4 @ W H A T S A P...
@harshalraut2056
@harshalraut2056 3 жыл бұрын
I am coding on remix and getting the error Gas estimation errored with the following message (see below). The transaction execution will likely fail. Do you want to force sending? Internal JSON-RPC error. { "code": -32000, "message": "execution reverted" } and I had also added 2 WETH to the contract and taking loan of 1 WETH.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Could you make an issue on the repo with the exact steps you took, outcome, and expected outcome?
@instadz825
@instadz825 3 жыл бұрын
Great video. I want to ask a question and i hope u reply asap. The whole gas fee thing is still a blur to me??? And the price changes too, how can i know how mich i need for a flash loan??? And approximately, how much gas u need when borrowing 1M dai???
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
It really depends, but you can simulate it on a testnet and see how much it would be
@ivandunskiy4247
@ivandunskiy4247 3 жыл бұрын
Just curious why did you decide not to make it as a full time job, if that’s only factor to make this profitable if you already know how to code it? It seems that arbitrage opportunities will be always there from time to time, don’t they? Curious to hear what obstacles and difficulties you see.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Oh exploiting them is the easy part. Finding them before someone else does, THATS the hard part. It's crazy competitive, and you have to live in ethereum to do well.
@ivandunskiy4247
@ivandunskiy4247 3 жыл бұрын
@@PatrickAlphaC thank you
@quietmoodmusic
@quietmoodmusic 3 жыл бұрын
Hey Patrick, if I wanted to do this on the mainet and borrow a lot of ether, could I pay back flash loan fee & gas fee with the leftover arbitrage amount, or does one need to buy real ether to cover the fees? Thanks!!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
You can’t do a flash loan with 0 eth, you need at least some to start the transaction in the first place. If you profit from the flash loan, then you won’t need to worry about the gas you originally spent
@quietmoodmusic
@quietmoodmusic 3 жыл бұрын
@@PatrickAlphaC Ok thanks that clears it up for me. Do you know of a website that allows flash loans to be created using a GUI? Furucombo.app used to have one but they took it down. I want to try flash loans but don't really have the time or energy to learn and master solidity, Javascript, Ganache, etc. from scratch. Any ideas are welcome, thanks so much!
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@quietmoodmusic not that I know of, sorry
@quietmoodmusic
@quietmoodmusic 3 жыл бұрын
@@PatrickAlphaC ok no worries thanks
@michaelwilliams343
@michaelwilliams343 2 жыл бұрын
After successfully running scripts/run_flash_loan_v2.py my WETH disappears from my wallet. I see in the comments that we should use a withdraw script to retrieve the WETH, but there is no documentation on how to setup this script up. This would be very useful as I would not want to run this on a mainnet without being able to test this out. Can you provide a written function that will withdraw the funds from the contract?
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@francoestebanjr
@francoestebanjr 3 жыл бұрын
Hi, can you help me with this error? Thanks for your content ValueError: Gas estimation failed: 'The execution failed due to an exception.'. This transaction will likely revert. If you wish to broadcast, you must set the gas limit manually.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
You likely don't have enough ETH funded in your contract. Call the geth_weth function and make sure you have enough ETH in your contract
@sogalpes
@sogalpes 3 жыл бұрын
What would be the difference to code a flashloan to use Polygon? Is there any difference ?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
No difference, just use polygon instead of eth
@rahulraj005
@rahulraj005 2 жыл бұрын
great video, just wondering how to get weth deposited back from the above code
@ToastyAlpha
@ToastyAlpha 2 жыл бұрын
Hi I was wondering if this still works with the new aave V3 core? If not I think a video on this would be super cool since I am sure there has been some changes over the last 10 months! thanks for the amazing vids
@PatrickAlphaC
@PatrickAlphaC 2 жыл бұрын
With V3 it’ll be a little different, but conceptually the same. V2 is still more popular though, and Thus has more liquidity. I might need to make a v3 edition
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@khurumpervaiz509
@khurumpervaiz509 11 ай бұрын
Which IDE are you using ?
@Nyufly
@Nyufly 3 жыл бұрын
So do you also have a bot set up that looks for opportunities and will auto execute flashloans etc?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
It’s a full time job to tweak the parameters to get it just right, so I don’t bother
@Nyufly
@Nyufly 3 жыл бұрын
@@PatrickAlphaC hmm I know others who have. So how do you find opportunities then? That's all I need is a way to find opportunities and I could just use furucombo since I'm not a developer.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@Nyufly you gotta snoop through code and prices. Find the opportunities is the hard part. Executing is actually the easy part. This video shows you how to do the easy part.
@Nyufly
@Nyufly 3 жыл бұрын
@@PatrickAlphaC dang.
@codeverse702
@codeverse702 5 ай бұрын
Arent you going to make a video on flashloan using aave V3 interface
@PatrickAlphaC
@PatrickAlphaC 5 ай бұрын
@@codeverse702 I should huh
@nthethelesaoana3194
@nthethelesaoana3194 10 ай бұрын
Hey Patrick, I usually watch, like and download you videos and they are very helpful. I just have limited free time so I would like to know if you can create bnb smart chain flash loan arbitrage code because I trust you and I just need that code so that I can your videos contents with high motivation.
@marvincapoquian5066
@marvincapoquian5066 3 жыл бұрын
Hi, I want to know if the return is real time, return in a second after clicking the "execute" button? or need to wait for certain days to receive ROI
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Instant
@financer9375
@financer9375 Жыл бұрын
So, can we do this on the Ethereum network with the same code pieces or not?
@PatrickAlphaC
@PatrickAlphaC Жыл бұрын
Yep
@arashputata
@arashputata 3 жыл бұрын
subscriber here :D Will you make a video on collateral swapping with flash loans too ?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
What do you mean?
@leetcodewhitebelt
@leetcodewhitebelt 3 жыл бұрын
any examples of actual arbitrage code that can be used here?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
If I showed you it, by the time you tried, it would be gone
@leetcodewhitebelt
@leetcodewhitebelt 3 жыл бұрын
@@PatrickAlphaC thanks, i guess i just want to get the general idea of what can be done. Something like, how to use a uniswap contract to do a swap once finding an arb opprotunity, etc.
@hlaribi9617
@hlaribi9617 3 жыл бұрын
Hello, I'm getting this error, please some help : "ValueError: Gas estimation failed: 'The execution failed due to an exception.'. This transaction will likely revert. If you wish to broadcast, you must set the gas limit manually."
@PinnėdbyPatrickCollins
@PinnėdbyPatrickCollins 3 жыл бұрын
Thanks for watching, For further discussion,questions & guidance,please contact my support line (Replies usually come within 2 hours +1. 8. 0. 4. 8. 2. 9. 3. 3. 8. 5).
@budhadityabaral5718
@budhadityabaral5718 2 жыл бұрын
Hi Patrick, This is a great video to make us understand what the whole concept of Flash loan. But while trying to do this I am facing an issue, I am only able to get aave tokens on the amount of ETH that I have, if I am not wrong then we are getting loan on the showing collateral. Can you please guide me on how to get the flash loan successfully without collateral. Or can you point me the code or the process on how I can take get the flash loan.
@kovychchat__my_Teleqram_id
@kovychchat__my_Teleqram_id 2 жыл бұрын
For more enquiries, reach out⬆️⬆️⬆️...
@CarlosHernandez-lc9df
@CarlosHernandez-lc9df 2 жыл бұрын
Where can i get kovan weth from?
@fartywood3917
@fartywood3917 3 жыл бұрын
Hey, wdyt of the latest pancake bunny swap exploit? Is it the beginning of the end for Flash loans?
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Tragedy. I’m pretty upset the team didn’t take the time to make their application solid. And flash loans can’t really be ended, and they themselves are not the issue. Flash loans are just a tool that show the holes in bad applications, and it’s an immune system that is healthy for stopping bad apps. The issue wasn’t the flash loans, the issue was the application. If an app can be exploited by a flash loan, that means a whale could have done the same thing. It doesn’t make sense to say “is this the end of whales”
@fartywood3917
@fartywood3917 3 жыл бұрын
@@PatrickAlphaC Ya, I agree too, Flash Loans 'just happen' to be the tool for that exploit, if not for flash loans, am sure they would have found other ways to do it. Also, do you mind making a video of how the exploit was carried out, I have gone through their postmortem multiple times, but cant get my head around it. Thanks for your reply.
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@fartywood3917 That sounds like a fun and helpful video. I’ll add it to my list! Thank you!
@dananthony6258
@dananthony6258 3 жыл бұрын
That intro was awesome. Lmao 😂
@mdbat2795
@mdbat2795 7 күн бұрын
Is flash loan arbitrage still profitable? I dont see many content regarding this.
@briscomadani5018
@briscomadani5018 3 жыл бұрын
Hey Patrick, great video. Would be really cool if you gave us some arbitrage ideas, and perhaps even a sample in action , even a sample that could be at loss since i guess it must be difficult to get real samples, ( and just not run it). , i just want to get inspired by what types / and what the code would look like etc.. thanks
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
Glad to hear it! I'm not focusing on arbitrage for a bit now, since it sooooooo hard to be profitable.
@briscomadani5018
@briscomadani5018 3 жыл бұрын
@@PatrickAlphaC thanks for your response. Is it possible to use this cross chains? I believe it could be profitable then.
@briscomadani5018
@briscomadani5018 3 жыл бұрын
btw legendary intro for sure :)
@PatrickAlphaC
@PatrickAlphaC 3 жыл бұрын
@@briscomadani5018 it is not. Flash loans all need to happen in the same transaction, you can’t make 1 transaction on multiple blockchains right now
@briscomadani5018
@briscomadani5018 3 жыл бұрын
@@PatrickAlphaC ha , it was too good to be true :) I thought i had just discovered water. thanks for the replies, its very kind of you, all this help you give. thanks a lot.
@fabulusinvictus2198
@fabulusinvictus2198 2 жыл бұрын
In other words, You need 1 WETH in order that they could lend you 1WETH? This doesn't sound like a flashloan. Or I'm wrong?
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