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  • The VOLK Bot (MM)
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  • How does buying & selling work with the bot?
  • Fee & Costs
  • Cycles & Intervals

The VOLK Bot (MM)

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Last updated 7 months ago

How does buying & selling work with the bot?

As of writing, the methodology is quite simple, once the given wallet is funded by the user, we'd utilize those funds (after an initial fee transfer) for approving the tokens for sell (uniswap approval), once done, we'd attempt to buy with the given funds, if the buy were to be successful, it would create a new wallet (also, it should God willing, send you messages, keeping you up to date with the process), once a new wallet is created, a portion of the funds would get transferred to that new wallet, and from that wallet, it'd God willingly initiate a buy tx as well, once or if successful, it would then sell the prior wallet funds for ETH, transfer, and basically loop throughout for the duration of the deadline.

Fee & Costs

Currently, for non-verified users (non-holders of VOLK), the fee rate is 20% of your initial deposit to the bot, for verified (VOLK holders), it currently is 10%. However, this is subject to change! If you have suggestions regarding fees, feel free to let us know via our Telegram!

Gas Costs, Slippage & other are directly deducted from the initial deposit, so account for them whenever deciding upon how much of an initial deposit you'd like to make!

Cycles & Intervals

For buying & selling, transfers, and wallet creation, there are timely intervals (cooldowns) between certain actions with each action as of writing this, differing.

Buying - 15 second interval

Selling - 30 second interval (between prev. wallets)

Wallet Creation - 10-second interval

Subject to change.

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