This project is a trading bot that performs safe arbitrages between the orderbooks and liquidity pools on a decentralized exchange of a niche blockchain.
As of 3/10/2023 the project is still working, providing a low but consistent profit every month.
In order to run it one must create a wallet on the WAX blockchain and insert the private keys into the config.js file.
I suggest to use different wallets for each of the possibile arbitrage/trading strategies in order to avoid conflicts when working on the same orderbook.
To run it, after having configured the settings in the configuration file, it sufficient to run npm run [strategy] where strategy can be choosen among:
- buyswap
- swapsell
- buysell
** NOTE: These strategies only work when the spread between the orderbook and liquidity pools is greater/equal than the input spread in the config.js file.
Place orders at the best buying price in the orderbook, to swap it on the LP as soon as it gets filled.
Swap on the LP, to place sell orders on the orderbook.
Place buy orders, to sell orders once the buy one gets filled.
To run it, it is necessary to have pm2 installed