Flashbots launches Telegram trading robot Alfred

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Cointime2023/11/09 16:30

By:Cointime

Stephane Gosselin, former co-founder of Flashbots, has launched a Telegram bot named Alfred for executing token swaps on Ethereum. The bot aims to facilitate user-friendly token swaps and prevent the maximum extractable value (MEV) profits from reordering trades. Gosselin, now CEO of Frontier Research, collaborated with research firm Kolibrio to develop Alfred, which not only prevents MEV in social messaging app interfaces but also provides advanced trading tools for users. The team behind Alfred is considering various revenue models as the bot does not have a dedicated token and may charge service fees for trades executed through the bot in the future.

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Cryptopolitan•2024/11/24 03:44