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Questions about the algorithm #30

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fabriziojpiva opened this issue Mar 11, 2022 · 0 comments
Open

Questions about the algorithm #30

fabriziojpiva opened this issue Mar 11, 2022 · 0 comments

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@fabriziojpiva
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Hi, first of all thanks for sharing the code, I really appreciate the hard work involved in this project. I had a couple of questions regarding the algorithm since I am trying to make my own sniper but in Python.

I think one of the most critical parts of snipers is clearly the security and how fast you can check whether you are sniping a rug/honeypot or not. In this case, you have very well implemented a function that makes a small transaction to check whether the token is a honeypot, and if you can sell it then you proceed to buy the token as desired. Most of my questions are related to this part, I am interested to know:

  1. How many milliseconds (or seconds) do you lose when you enable that safety check for honeypot?
  2. Have you checked the profitability of the bot with and without the honeypot check? I guess adding the honeypot check sacrifices a bit on profit for more safety, but it is still better than manually doing the transaction on PancakeSwap.
  3. In general, what is your experience on the profitability of this bot? Lets say, out of 100 sniped tokens, do you have any numbers on the amount of profit or loss?

Again, thanks for the code and looking forward hearing from you

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