I want to deploy a smart contract with functions to be defined. This smart contract when called is able to execute arbitrage between currencies, using flash loans or not, between multiple exchanges and it needs to be executed automatically when the opportunity shows up
The steps are like this :
Step 1) calculate arbitrage for a given set of coins for the optimal amount
Step 2) borrow collateral in the defined amount
Step 3) execute the arbitrage (exchanges used are to be defined but all of the DEX are to be used and find the best path) with parameters to be defined (threshold, best split...)
Step 4) send the profit to one address
Step 5) repay the loan
Another function would use the amount already available and the wallet to do the same thing but without the flash loan.
Need to use CHI token to make the fee cheaper and optimize the code to use the least gas
The FINAL RESULT is just a smart contract yes,
But behind it, it has to be optimized and calculated right using APIs, parameters and more. Also let it free that the UI can be added later if needed
The smart contract needs to be functional in order for the project to be successful
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