Coinfeeds Daily → Flashbots Introduces Alfred: A Telegram Bot for Ethereum Users

Flashbots Introduces Alfred: A Telegram Bot for Ethereum Users

Published: Nov 10, 2023 | Last Updated: Mar 17, 2024
Howard Kane

Alfred offers unique features and advanced security measures to revolutionize Ethereum trading on Telegram

Introducing Alfred

Stephane Gosselin, co-founder of Flashbots, has recently launched a Telegram trading bot named Alfred. This bot has been designed to facilitate user-friendly token swaps on Ethereum, a popular blockchain platform. One of the key features of Alfred is its ability to protect against maximal extractable value (MEV) profits that are generated by transaction re-ordering.

Alfred's Unique Features

Alfred enters a competitive market of Telegram bots that target Ethereum users. However, it differentiates itself by offering unique features for token sniping and swapping. Moreover, it provides safeguards against front-running by malicious bots, which is a common concern in the crypto trading world.

The bot has been developed in partnership with Kolibrio, a company known for its advanced trading tools. By integrating these tools within the Telegram interface, Alfred aims to provide a seamless and secure trading experience for its users.

Security and User-Friendliness

While Alfred offers a range of advanced features, the bot also focuses on user-friendliness and security. Unlike many other bots, Alfred provides a non-custodial experience. This means that users retain control of their assets at all times, which can help to alleviate some of the security concerns associated with bot trading.

Future Plans for Alfred

Despite the advanced features and security measures, the team behind Alfred is considering implementing a service fee for transactions made through the bot. This potential change is currently under consideration and further updates will be provided in due course.

In conclusion, Alfred represents a significant step forward in the world of Telegram trading bots. By combining user-friendly features with advanced security measures, it offers a unique and potentially game-changing solution for Ethereum traders.

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