After Maestro, Unibot, and Banana Gun, Telegram Bot has added a new general, Alfred, which has become a hot spot these days.
According to official documentation, the founder of Alfred is Flashbots co-creator Stephane Gosselin. Flashbots was founded in 2020 by Stephane Gosselin and Phil Daian. In recent days, many communities and KOLs have called Stephane Gosselin the father of MEV when spreading Alfred. BlockBeats found that this statement is somewhat flattering.
The concept of Miner Extractable Value (MEV) was first proposed by Phil Daian in a paper called Flash Boys 2.0. Although the father of MEV is a bit over, Flashbots co-creator Stephane Gosselin is indeed in the MEV field. He has made a contribution and can be said to be the old OG of MEV.
Currently, Ethereum implements PBS through MEV-Boost, software provided by Flashbots run by validators, which allows randomly selected block proposers to auction the rights to create the most profitable blocks to the highest bidder. To date, PBS has popularized MEV rewards by only allowing stakers to participate, without the need to use complex MEV strategies. However, risks of centralization and censorship remain in other parts of the MEV supply chain.
This diagram shows the main components of the MEV supply chain, according to DeFi researcher Chris Powers in MEV resolution: Are we there yet?The article writes that the term was first proposed by Stephane Gosselin.
But at the end of 2022,According to BlockBeatsStephane Gosselin reportedly resigned after a disagreement with the team over his desire for validators to support uncensored relays. Gosselin said in a statement at the time that maintaining censorship resistance is critical for a diverse and competitive MEV ecosystem. “In the short term, I hope that validators will be able to avoid connecting to relays that perform censorship. Economic pressure on censorship by blockspace providers will help avoid excessive censorship.”
Alfred: A sniper new currency trading bot that solves sandwich attacks
The last trading Bot that targeted Sniper was Banana Gun. In the early days of its launch, the number of daily active users quickly surpassed Unibot and even approached Maestro. It has been proven that sniper opening is the real demand of users.
Related Reading:To catch up with Unibot, what potential does the upcoming dark horse Banana Gun have?》
However, Alfred obviously knows more about MEV research. In Alfred’s view, users will encounter a lot of friction when accessing Crypto and DeFi through traditional methods:
Firstly, using a wallet is often met with downloading sketchy wallet apps or confusing browser extensions; secondly, setting up a trade is a complex and overwhelming experience, choosing which DEX or frontend to use, and then understanding How to set slippage, basic fees, priority fees, etc.; at the same time, for ordinary users, there are few functions other than I want to exchange token A for token B, and functions such as sniping at new token releases are only for Retained by highly sophisticated participants.
The bottom line is that cryptomempools are a dark forest where regular users get rekt every time by running ahead, getting caught in the middle, or just getting poor execution on their orders.
According to official documentation, Alfred is a fast and secure trading robot built directly into Telegram. After adding the bot to Telegram in just a few clicks, users will get an easy-to-use crypto wallet and a full set of advanced trading tools directly within the Telegram application interface. Aldfred will become a trading manager for users, helping to hold, buy, sell and snipe coins in just a few clicks. All transactions by users will be completely private and protected from adversarial actors such as sandwich bots and frontrunners, ensuring users receive the best execution in their transactions.
Currently Alfred (AlfredTradesBot) only exists as a Telegram bot that allows users to buy, sell and snipe tokens on Ethereum directly from their Telegram account. But in the future, Alfred will serve as the entrance and platform for all DeFi and crypto activities.
Alfred related MeMe pictures
How Alfred Sniper Works
When you want to snipe an upcoming coin launch, you can set up sniping in the Alfred bot. You can only set up sniping for tokens/pools for which trading has not yet been activated. If you want to buy existing tokens, just click on the Buy function instead of sniping.
Alfred then monitors the blockchain mempool for pending target transactions. A valid target trade means that a buy trade would be valid (not reinstated) if executed directly after the target trade. Common target transactions include: Pool_creation/liquidity_add (create a pool, increase liquidity) and Trading is un-paused (trading is not paused).
When Alfred sees a valid target transaction in the mempool, it will create a bundle containing your sniper transaction directly after the target transaction and attempt to land that bundle on-chain. If multiple Alfred users attempt to snipe the same token, it will bundle all snipers together, sorted by bribe amount. That is, those who are willing to bribe more will buy first.
How to use Alfred
1. Create wallet
Similar to other Telegram Bots,Use the link to enterAdd Alfred to Telegram and click Start to set up a wallet and trading account.
After adding Alfred bot to your Telegram account, you will instantly generate your wallet. The next step is to deposit some Ethereum to fund your wallet.
Due to the mechanics of the Ethereum blockchain, you will need some Ethereum (ETH) in your wallet to pay for gas fees when trading. Deposit some Ethereum into your wallet by sending it to your generated wallet address. If you want to sell or trade other ERC 20 tokens, you should send them to this address as well.
2. Send ETH and tokens
To send ETH or tokens from your Alfred wallet, click Wallet > Send; specify the currency (tokens or ETH) and the amount you wish to send, enter the destination wallet address, and click Press to continue
3. Set up Sniping
Click Swap, then click Sniper and Create a new snipe, then enter the contract address of the token you want to snipe. Next, you need to configure your Snipe.
Enter the amount of ETH you want to use for the purchase, enter the bribe (the higher the bribe, the more likely you are to land first), choose to land on Block 0 or land on the next block to buy Block + 2.
Then click Press to create a new snipe to complete the creation. Once a valid target transaction is identified, Sniper will attempt to execute it and you will be notified of success or failure directly in Telegram. You can edit the amount or cancel the sniper by clicking Swap >.
Alfreds loyalty points
Alfreds loyalty points are earned through various interactions with the Alfred Bot. The more points you generate, the more you save on transaction fees. Additional benefits and rewards will be offered in the future through a loyalty points program. All users start at the Chef level and advance to higher levels as they earn more points.
Several ways to earn loyalty points:
1. First-time users will receive an “onboarding bonus”:First deposit: 500 points; first trade: 750 points; first trade sniper: 1,500 points. Completing all first-time rewards will guarantee promotion to Steward level with a total of 2,750 points.
2. Linked to transaction amount:$ 1 = 1 Point ；$ 50 trade = 5 points, $ 1000 trade = 100 points。
3. Use multiples continuously:You can get a points multiplier by using Alfred for several consecutive days; your points will increase by 0.05 times for each consecutive day you use Alfred, up to a maximum of 1.5 times after 10 days; if you miss a day, you will revert to the previous days multiplier.
4. Recommendation rewards:For each user recommended, the user will receive 25% of the points earned by the user, and there is no upper limit on the points that can be earned through the referral system.
