Smart Contract Arbitrage — Towards A Smarter Contract

Double-plus-smart

The two-pool smart contract that I cooked up in a previous lesson was useful for educational purposes, but it has several key issues that make it unsuitable for production arbitrage:

• It’s insecure

• It uses the router

• It requires approval

• It consumes too much gas

• It does too many transfers

• It skips identity checks on both the execute() and callback functions

Th…