Project Name: SunSniper Bot Project Track: Integration Team Name: SunSnipers Team Member(s): 1 member (Forum username: @ghalib ) DevPost Project Link: SunSniper Bot | Devpost Project Goal: SunSniper Bot aims to change the way traders join meme token launches by offering a fast and automated sniping tool. Meme tokens on SunPump are launched quickly, and those who get in early usually benefit the most. However, manually tracking token launches and making fast transactions can cause people to miss out on good opportunities.
SunSniper Bot solves this problem by automating the process of buying newly launched tokens. It allows users to act within seconds of the launch without having to monitor or execute trades manually.
By connecting directly with SunPump, SunSniper Bot gives users real-time data. This helps them set their preferences for slippage tolerance, the amount of tokens they want to buy, and the price trigger. With this automated process, the bot removes the chances of human error or delay, giving users a better chance to succeed in the fast-paced meme token market.
Project Value: SunSniper Bot makes it easy for users to buy and sell new meme tokens launched on the SunPump platform. Users can set a profit percentage, and the bot automatically sells the tokens when that target is hit. This saves users time and effort since they don’t have to constantly monitor the market.
By simplifying the process of buying and selling tokens, SunSniper Bot helps to increase trading volume on the SunPump platform. People who might find it difficult or time-consuming to take part in new token launches can now do it easily with the bot, which will bring more users and activity to SunPump. The project is aimed at helping users trade more efficiently and boosting engagement within the SunPump Tron meme token ecosystem.
Week 1-2: Foundation & Core Features(1st August - 14th August)
Set up project infrastructure and architecture: Establish the necessary development environment, repository, and deployment pipelines.
Implement Tron Custodian wallet: Integrate Tron Custodian wallet into the project to allow users to deposit and manage their funds easily.
Understand SunPump functionality: Conduct a detailed analysis of the SunPump platform to understand how it operates, in order to design the token sniping functionality that automatically buys tokens
Custodian Wallet Deposit and Withdrawal: Implement the functionality for users to deposit and withdraw tokens and TRX balance using the Tron Custodian wallet, ensuring secure and seamless handling of funds.
Set up Real-time Listener for New Token Launches: Build a real-time listener to monitor SunPump for new token launches, ensuring the bot can react immediately and execute token sniping actions as soon as tokens are available.
Database Schema Design: Design the database schema to store user information and their personalized settings (e.g., slippage tolerance, token amount, profit targets) for quick retrieval and efficient management.
Week 5-6: Bot Commands, User Settings, and Final Buy Algorithm((29th August - 11th September)
Set up Basic Command Structure for the Bot: Develop the core command structure within the Telegram bot. Include key commands such as:
Start: Initiates the bot.
Help: Provides guidance and instructions for using the bot.
Set Preferences: Allows users to configure settings for token sniping (e.g., slippage, token amount, profit targets).
Snipe Commands: Command to initiate token sniping with the defined settings.
Set up User Configuration Settings for Sniping: Implement user configuration options in the bot, allowing users to customize their sniping preferences. This will include input fields for slippage tolerance, token amount, and profit percentage.
Finalize the Token Buy Algorithm: Complete and optimize the buy algorithm for token sniping. Ensure that the algorithm is robust and capable of executing fast and accurate token purchases as soon as a new launch is detected on SunPump.
Send Notifications: Implement a notification system to inform users of successful snipes, token purchases, and when their profit targets are hit for automated selling. Notifications should also cover any errors or failed transactions.
Week 7-8: Finalization and Optimization (12th September - 25th September)
Finalize the Sell Algorithm: Complete and refine the algorithm for automated token selling, ensuring it accurately triggers sales based on user-defined profit percentages. Test the algorithm to handle various market conditions effectively.
Optimize Transaction Speed and Performance: Focus on optimizing the speed of token transactions (both buy and sell) to ensure real-time execution. Enhance performance by minimizing latency in the bot’s interaction with SunPump and the Tron network.
Prepare for Mainnet Deployment: Finalize all configurations and ensure the bot is ready for deployment on Tron’s mainnet. Double-check all functionalities, ensure security features are intact, and prepare the bot for live usage by real users.
Week 9: Mainnet Launch and Community Engagement(26th September - 2nd October)
Deploy the Bot on Tron Mainnet: Complete the deployment of the bot on the Tron mainnet, making it fully accessible to the public.
Open Public Access: Enable public access to the bot, allowing users to begin using SunSniper Bot for live token sniping and selling.
Begin Community Engagement: Start promoting the bot within the Tron and SunPump communities. Onboard early users by providing guides, tutorials, and support to ensure a smooth experience.
Provide User Support and Monitor Performance: Actively monitor the bot’s performance on the mainnet. Provide real-time support to users and quickly address any issues, bugs, or areas for improvement based on live usage.
Welcome to season 7
Thanks for bringing this to our knowledge Sunsniper bot make trading on sunpump faster, easier and more profitable.
Wow it’s indeed a game changer for trader.
Welcome to Hackathon Season 7, aiming to automate token sniping on the SunPump platform, catering to users participating in meme token launches is a good initiative.
Meme tokens are highly volatile and subject to liquidity issues, how does the bot manage slippage tolerance, especially in low liquidity conditions?
Thank you for your question! To address the slippage and liquidity issues, we have built user-configurable settings that allows to define a minimum liquidity threshold. The bot will only purchase tokens if the liquidity meets or exceeds the user’s specified amount.
Additionally, our bot listens to real-time transactions, including liquidity updates. If the bot detects a decline in liquidity, it triggers a sell based on the user’s profit/loss target settings, helping mitigate risks in volatile conditions.
Thank you for your interest and questions! I’m happy to provide some clarity.
First, for customization, SunSniper Bot allows users to adjust important settings to suit their trading preferences. Users can set their desired profit or loss percentage to automatically exit a trade once that target is reached. Additionally, users can specify a minimum liquidity requirement, so the bot will only buy tokens that have enough liquidity as per their chosen settings. This helps users avoid risky trades in low liquidity situations, giving them more control over their trades.
For security, we take several measures to protect users’ funds. We are using encryption to secure sensitive data like wallet keys. This ensures that even if someone tries to access the data, they won’t be able to read or misuse it without proper authorization.
I’m impressed by your response, thank you for doing me the honors of such a detailed response. It’s quite notable how the addition of user-configurable settings for a minimum liquidity threshold and real-time monitoring of liquidity fluctuations is a great enhancement. I’m curious, how does the bot behave during flash crashes, where liquidity can drop dramatically in a very short time frame
Welcome to the Hackathon of season 7, I am seeing that you are focusing on sunpump and the people that are interested in the meme coins on Tron, please tell me when there is new meme coin launching now for example how are you going to take care of network congestion, thank you
If you are asking about Rug pull, User can reduce risk by adding minimum liquidity condition, Also we can introduce conditions to check token holders, If it has more in number, then its easy to detect selling.
Thank you for your question! Yes, we are starting by focusing on SunPump, but later we plan to extend the bot to snipe any token launch on the Tron network. Regarding network congestion, we manage this by checking real-time transactions to ensure they happen quickly on our side. However, on the network side, the Super Representatives in the Tron network are responsible for confirming transactions.
We’ve optimized the bot to react in real time, so even during busy times on the network, we do our best to ensure transactions go through as fast as possible. The Super Representatives play an important role in confirming those transactions, and we rely on the network to handle that part smoothly.
Impressive innovation Sunsniper bot and real-time data capabilities makes it an attractive solution for trader’s.
And it also poised to increase trading volume and engagement on sunpump.
Wow this is a groundbreaking tool
Welcome to hackaTRONs7 ! With Tron meme season many telegram sniper bots have launched. How is sunsniper bot different from other sniper bots? Good luck !
Thank you for the clarification.
Incorporating a minimum liquidity condition and the potential introduction of token holder checks are important steps towards mitigating risks.
Just curious, when analyzing token holders, how would the bot determine what constitutes a healthy holder distribution?
Thank you for the question! Its correct many Telegram sniper bots are out there during the Tron meme season, SunSniper Bot also aiming to offer a simple and reliable solution like the others.
We focus on making things easy for users with straightforward settings like profit/loss percentages and liquidity limits. Our goal is to build a bot that’s efficient and safe, helping users join new meme token launches without any hassle.
We may not claim to be very different, but we aim to deliver a solid bot that works well and meets user needs
Its a good quaestion regarding decision for healthy holder distribution, Its too early for me to answer as we need to do some R&D around this point. But surely will let you know how we are improving in this perspective to save user funds from Rug pull.
this is a groundbreaking tool