Punk nftx meebit arb
Quick & dirty NFTX arbitrage contracts, via flash loan, to exploit Meebit redemption.
1. Flash loan ETH 2. Swap for [NFTX](https://github.com/NFTX-project/x-contracts) PUNK-BASIC on SushiSwap 3. Redeem PUNK-BASIC for punk, claim [Meebit](https://meebits.larvalabs.com/) for punks that have available redemption (revert on failure), return punk to NFTX 4. Random punk returned each claim. Repeat to claim a Meebit for each availble fund punk. 5. Sell PUNK-BASIC on @SushiSwap, return ETH The project is written primarily in Solidity, first published in 2021. Key topics include: aave, flash-loan, meebit, nftx, sushiswap.
punk-nftx-meebit-arb
- Flash loan ETH
- Swap for NFTX PUNK-BASIC on SushiSwap
- Redeem PUNK-BASIC for punk, claim Meebit for punks that have available redemption (revert on failure), return punk to NFTX
- Random punk returned each claim. Repeat to claim a Meebit for each availble fund punk.
- Sell PUNK-BASIC on @SushiSwap, return ETH
Exit liquidity: immediate sale at Meebit price floor, NFTX tokenization, chance for better outcome.
Alternative: Optimize by using a Flash Swap to remove entire PUNK-BASIC resrrve in (1/2)
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