🔧Setting up
How do we start?
For now, Solcrates Bot is a closed-source project. You need to download it from the RELEASE section of the repository as a executable file, listed in the right-middle section of the repository page. As the program is .exe file, you don't need to download NodeJS and modules to use it.
For Windows
Download .exe from releases of solcratesbot repository and launch it
OR
Use curl to download the release cd into your custom folder or make the new folder
mkdir solcratesbot
cd solcratesbot
curl -L https://github.com/Solcrates-Labs/solcratesbot/releases/download/v0.1.3-beta/solcratesbot-win.exe > solcratesbot-win.exeFor Linux
For linux, first you need to install wget
apt install wgetCreate a folder for program, then with wget you now need to download the latest linux release of the bot
mkdir solcratesbot
cd solcratesbot
wget https://github.com/Solcrates-Labs/solcratesbot/releases/download/v0.1.3-beta/solcratesbot-linux
IF YOU USE CURL REPLACE WGET with
curl -L https://github.com/Solcrates-Labs/solcratesbot/releases/download/v0.1.3-beta/solcratesbot-linux > solcratesbot-linuxTo run a program after installation
chmod +x solcratesbot-linux // Execute this once to make solcratesbot-linux an executable
./solcratesbot-linux
❓ As the program starts, it will create .env file for environmental variables(stored only on your PC/VPS) to list in: Private_key variable: The private key of your solana wallet. Rpc_url variable: Remote Procedure Call URL. You can get it from diverse RPC Solana providers, such as Helius, Alchemy, Quicknode, GetBlock, PublicNode. Usually free/freemium tier is enough to run a program if you use only basic strategies that are not SCALPING and ARBITRAGE
After setting all variables in .env file, launch program again.
Note: You can edit .env file with various text editors like Notepad++ on Windows and nano or vi on Linux
✔️ After launching, you can set all desired options to trade in program in a user-friendly command line interface. These options include: 1.) Strategy: The strategies to use with a quick info, pros/cons about them. 2.) Buying token: What token will be used to buy? Supports stablecoins and popular solchain coins. (for now) 3.) Trading token: What token will be speculated on? Supports only jup strict-list tokens for safety measures.(for now) 4.) Trading amount: Trading amount per transaction in USD? 5.) Global stop-loss percent number. 6.) Slippage percent number.(Auto converts to BPS) 7.) Priority Fee Max lamports.(Very important setting, it may highly impact your trading performance) 8.) Sending transaction cooldown in milliseconds number(If your RPC gives your TOO MANY REQUESTS 429 errors, you need to make it higher) 9.) Use Field-testing(debug) mode(Will replace trading amount you set before with 0.01 usd) Note: Good for RPC testing, but Priority fee number won't be changed. After setting everything up, you confirm it and the program starts trading. For beta version logging and trading interface is still blunt, but it will be updated in the next versions of the program. You're good to go.
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