How to use Liquidity pairs
Read this page carefully :)
Liquidity Pair (LP) is super important in Sniping.
For instance, the team can add liquidity in BUSD, and an early buyer can create a fake liquidity pool with 0.0001 BNB and make you snipe on this pair.
--> If you do this, you will lose all your money.
So please follow the advices above to be safe
🙏
LimitSwap and Sniper provide many parameters, to make sure you're sniping the correct pair.
There are several options :
Text | Possibilities |
|---|---|
LimitSwap bot |
|
Sniper bot | Sniper bot is more clever : it automatically detects which token is used for liquidity, and takes care of everything ☺ |
--> LIQUIDITYINNATIVETOKEN / USECUSTOMBASEPAIR parameters
Use those options to tell the bot if you want to trade with liquidity in native token (BNB / AVAX / FTM...) or in another token (BUSD / USDT / USDC / etc.)
- If you choose "true" --> LimitSwap will trade with native token liquidity
- If you choose "false" --> LimitSwap will use the "USECUSTOMBASEPAIR" liquidity pool
Situation | What to choose? |
|---|---|
Liquidity is in ETH / BNB / etc. | LIQUIDITYINNATIVETOKEN = True |
Liquidity is in BUSD / USDT / etc. | LIQUIDITYINNATIVETOKEN = False USECUSTOMBASEPAIR = True
CUSTOMBASEPAIR = liquidity token |
Available configurations (example with BNB):
Options | Summary | Route used |
|---|---|---|
LIQUIDITYINNATIVETOKEN = true
USECUSTOMBASEPAIR = false | Bot will use your BNB to buy in BNB liquidity pool | BNB > Token |
LIQUIDITYINNATIVETOKEN = true
USECUSTOMBASEPAIR = true
BASESYMBOL = BUSD
BASEADDRESS = 0xe9e7[...]087d56 | Bot will use your BUSD to buy in BNB liquidity pool | BUSD > BNB > Token |
LIQUIDITYINNATIVETOKEN = false
USECUSTOMBASEPAIR = true
BASESYMBOL = BUSD
BASEADDRESS = 0xe9e7[...]087d56 | Bot will use your BUSD to buy in BUSD liquidity pool | BUSD > Token |
To make sure you understand :
Example with token with BUSD liquidity
If you want to trade a token with BUSD liquidity, you need to set
CUSTOMBASEPAIR = BUSD.
So, you need to set:
LIQUIDITYINNATIVETOKEN": "false",
"USECUSTOMBASEPAIR": "true",
"BASESYMBOL": "BUSD",
"BASEADDRESS": "0xe9e7cea3dedca5984780bafc599bd69add087d56",
WARNING : be VERY CAREFUL about this LIQUIDITYINNATIVETOKEN option
If you set up wrong configuration, bot will trade on wrong pair and make you lose funds. Beware!
BASESYMBOL
Symbol of the token of the liquidity pair you want to trade with if you selected USECUSTOMBASEPAIR = True
BASEADDRESS
Contract address of the token of the liquidity pair you want to trade with if you selected USECUSTOMBASEPAIR = True
--> WATCH_STABLES_PAIRS parameter
LimitSwap is able to check automatically all stables pairs (BUSD / USDT...) + native token pair (BNB/ETH...) at the same time
Instead of telling the bot to snipe on BNB or BUSD or USDT or USDC... if you use WATCH_STABLES_PAIRS = true the bot now checks all pairs automatically !
You need to hold enough BUSD / USDT / USDC in your wallet to make the buy order go through.
How to configure it
- WATCH_STABLES_PAIRS = true
- BUYPRICEINBASE = buy price in NATIVE TOKEN (example : 0.000045 BNB / token)
- BUYAMOUNTINBASE = amount of NATIVE TOKEN you want to spend (example : 0.5 BNB)
The bot will automatically calculate good price and good amount if BUY is made on another pair.
Examples :
BUYPRICEINBASE = 0.0001 means:
- if liquidity is in BNB, bot will buy at a price of 0.0001 BNB
- if liquidity is in BUSD, bot will buy at a price of ~ 0.04 BUSD
BUYAMOUNTINBASE = 0.10 means:
- if liquidity is in BNB, bot will buy 0.10 BNB
- if liquidity is in BUSD, bot will buy 40 BUSD
--> MINIMUM_LIQUIDITY_IN_DOLLARS parameter
Use this option if you want the bot to set a minimal amount of liquidity to be required before buying.
Put liquidity amount in $.
Team recommend to set MINIMUM_LIQUIDITY_IN_DOLLARS = 10000
It will avoid make you snipe on fake liquidity pairs
With Sniper, it's much easier : it automatically detects which token is used for liquidity, and takes care of everything
Sniper bot will always use your BNB / AVAX / ETH / etc. to buy : just enter the amount of token that you want to use for BUY and Sniper will take care of all the rest.
☺
Example If you want to buy 0.5 BNB of a token :
BUYAMOUNTINBASE = 0.5
and... that's it !
Scenario | Summary | Route used |
|---|---|---|
If liquidity is in BNB | Bot will use BNB liquidity pool | BNB > Token |
If liquidity is in BUSD | Bot will use your BNB to buy in BUSD liquidity pool | BNB > BUSD > Token |
--> MINIMUM_LIQUIDITY_IN_DOLLARS parameter
Use this option if you want the bot to set a minimal amount of liquidity to be required before buying.
Put liquidity amount in $.
Team recommend to set MINIMUM_LIQUIDITY_IN_DOLLARS = 10000
It will avoid make you snipe on fake liquidity pairs
Last modified 1yr ago