LOOTER Vs UniBot : A New MultiChain Sniper With Revenue Share

BkTe...nt76
20 Nov 2024
51

Looter is building an ecosystem that caters to a broader audience. Its unique offerings, like revenue sharing for token holders and compatibility with additional chains, are quickly gaining attention. The rise of decentralized trading has brought about a wave of innovation, with Telegram trading bots leading the charge. These bots allow users to execute trades effortlessly within Telegram, a platform many already use daily. By combining convenience with powerful trading tools, they have created a streamlined experience that appeals to crypto enthusiasts. Among the key players in this space are Looter and Unibot, two bots that have redefined how traders interact with decentralized ecosystems.

While Unibot has established itself as a leader in the field with its robust features and reliable performance, Looter is emerging as a serious contender. With a focus on multi-chain support and community-driven incentives, As competition heats up, Looter may well be the “new bot in town” that challenges the status quo.


Unibot: The Established Giant

Unibot has been a staple in the Telegram trading bot market, known for its user-friendly interface and reliable execution. Supporting Ethereum (ETH)BaseSolana (SOL), and Arbitrum (ARB), it provides traders with access to some of the most active chains in the crypto ecosystem.

However, Unibot has undergone a significant shift in its value proposition. It no longer offers revenue sharing for holders of its $UNIBOT token, a feature that initially made it highly attractive to investors. This decision has created room for competitors like Looter to challenge its dominance by offering a more inclusive and rewarding ecosystem.
Links: BOT | X | Website

Looter: The Rising Star

Looter is a newer player but has quickly gained attention for its innovative features and extensive chain support. Unlike Unibot, Looter operates on Ethereum (ETH)Solana (SOL)BaseAvalanche (AVAX)BlastArbitrum (ARB), and Abstract chain. This diverse range of supported networks opens up new opportunities for traders who want flexibility and access to a wider variety of trading ecosystems.

One of Looter’s standout features is its revenue-sharing model for holders of its native token, $LOOTER. By holding $LOOTER, users are entitled to a portion of the platform’s revenue, incentivizing long-term participation and loyalty. This community-focused approach provides a compelling reason for traders and investors to choose Looter over its competitors.

Links: BOT | X | Website

$LOOTER ca: 0x000000000a1c6659ac226dbb1c5bdc648df72e9e

Looter Docs


Why Looter Might Be the Game-Changer


Looter stands out as a potential game-changer in the Telegram trading bot space because of its innovative approach to creating a more inclusive, rewarding, and versatile trading ecosystem. Unlike many of its competitors, Looter focuses on fostering community engagement by offering revenue-sharing incentives to holders of its native token, $LOOTER. This model allows token holders to earn a share of the platform’s profits, creating a strong alignment between the platform’s success and the community’s participation. In an environment where most trading platforms focus purely on transactional efficiency, this added financial incentive makes Looter a more attractive option for long-term users and investors alike.

Another major advantage Looter brings to the table is its broad multi-chain support, which is unparalleled in the market. While platforms like Unibot are limited to Ethereum, Base, Solana, and Arbitrum, Looter expands its reach by operating on additional chains like Avalanche, Blast, and Abstract. This opens up access to a wider variety of blockchain ecosystems, allowing traders to explore opportunities on networks with potentially less congestion or unique market dynamics. By catering to users across multiple chains, Looter positions itself as a versatile tool for traders looking for flexibility and access to diverse trading ecosystems. Combined with its user-friendly interface, direct wallet trading, and focus on community rewards, Looter is redefining what a Telegram trading bot can offer, making it a strong contender to disrupt the status quo.


Benefits of Using Trade Bots like LOOTER

Using a platform like Looter offers several advantages over traditional decentralized exchanges (DEXs) and centralized exchanges (CEXs). Here’s a breakdown of why Telegram-based trading bots like Looter provide unique benefits:

1. Convenience and Accessibility

  • Trading Within Telegram: With Looter, users can execute trades directly from Telegram, a platform they’re already familiar with. There’s no need to open separate browser tabs or applications for trading, making it a seamless experience.
  • No Account Creation for CEXs: Unlike centralized exchanges, where users must create accounts, verify their identities, and manage login credentials, Looter eliminates the hassle. Trading happens directly from your wallet.


2. Speed of Execution

  • Faster Transactions: Looter enables instant order placement, thanks to its direct integration with blockchain networks. This can be crucial in volatile markets where speed determines profitability.
  • Frontrunning Protection: Some trading bots implement features to help users avoid being frontrun by other traders or bots. While not unique to Telegram bots, this is often better implemented than on DEX platforms.


3. Multi-Chain Support

  • Broad Chain Compatibility: Looter operates on Ethereum, Solana, Base, Avalanche, Blast, Arbitrum, and Abstract chains, offering users access to a wider variety of trading ecosystems compared to most DEXs or CEXs, which often focus on just a few networks.
  • Cross-Chain Flexibility: Users can trade on multiple blockchains without needing to switch between different wallets or interfaces.


4. Revenue Sharing

  • Passive Income for Token Holders: Looter offers revenue-sharing benefits for holders of its native token, $LOOTER. This allows users to earn a share of platform profits simply by holding the token, incentivizing long-term loyalty and providing a new income stream.
  • No Similar Model on CEXs/DEXs: While some DEXs have governance tokens, they rarely provide direct revenue-sharing benefits as Looter does.


5. Privacy and Security

  • Direct Wallet Interaction: With Looter, you trade directly from your wallet. There’s no need to deposit funds into a centralized platform, reducing the risk of hacks or mismanagement (as seen in CEX failures like FTX).
  • Non-Custodial by Nature: Like DEXs, Looter ensures that you retain full control of your assets, which is a huge advantage over custodial CEXs.


6. Simplified User Experience

  • Automated Tools: Looter simplifies trading with automated commands for swaps, sniping, and portfolio tracking. This removes the technical complexity often associated with using traditional DEXs, particularly for new traders.
  • No Order Book Complexity: Unlike CEXs and some DEXs with advanced trading interfaces, Looter abstracts away the complexity, offering an intuitive, chat-based approach.


7. Lower Fees (Potentially)

  • No Middlemen: Like DEXs, Looter eliminates intermediaries, potentially reducing trading fees compared to CEXs.
  • Transparent Costs: Transaction costs are directly tied to blockchain gas fees, making them more predictable and transparent than some hidden fees on CEXs.


8. Community and Ecosystem

  • Community-Driven Growth: Looter rewards its community with revenue-sharing, fostering stronger engagement and loyalty compared to platforms like centralized exchanges, where users rarely benefit from the platform’s growth.
  • Bot Ecosystem: Being Telegram-based, Looter enables integrations and notifications directly through Telegram, offering a more connected ecosystem for active traders.



Why Not Just Use a DEX or CEX

While DEXs and CEXs serve their purposes, they lack the unique blend of convenience, community incentives, and cross-chain access that platforms like Looter offer:

  1. CEX Downsides:
    • Custodial risk (funds held by the exchange).
    • Regulatory oversight and potential account restrictions.
    • Requires identity verification (loss of anonymity).
  2. DEX Downsides:
    • Clunky interfaces for new users.
    • Limited integrations and tools compared to Telegram bots.
    • Often limited to specific chains.


Platforms like Looter bridge the gap between the accessibility of CEXs and the autonomy of DEXs. By integrating advanced trading features, multi-chain support, and a user-friendly Telegram interface, they cater to traders looking for speed, convenience, and control. Add in the revenue-sharing model, and Looter doesn’t just provide a trading platform—it creates an ecosystem that directly rewards its community.

For traders prioritizing ease of use, speed, and passive income opportunities, Looter offers an innovative and compelling alternative to traditional exchanges.


The Verdict: Which Bot Should You Choose?

The choice between Looter and Unibot largely depends on your trading preferences and investment strategy:

  • If you’re looking for a broader multi-chain experience and passive income opportunities, Looter is the clear winner. Its innovative approach and commitment to community rewards make it an exciting option for both traders and investors.
  • If you prefer an established platform with a proven track record, Unibot still delivers. Its focus on Ethereum and Solana ensures reliable access to high-volume markets, even if it lacks revenue-sharing incentives.


The Telegram trading bot market is evolving rapidly, and the competition between Looter and Unibot is a testament to the growing demand for decentralized, user-friendly trading solutions. While Unibot has enjoyed its position as a market leader, Looter’s unique features and community-driven approach may signal the beginning of a new era in Telegram trading.
For now, both bots serve different niches, but the rise of Looter might just shake things up in ways the industry hasn’t seen before. If you’re an active trader or an investor looking for the next big thing, Looter is definitely worth keeping an eye on.


How to Start Using Looter and Get Involved with Revenue Sharing


Getting started with Looter is a straightforward process, making it easy for both beginners and seasoned crypto traders to dive in. Here’s a step-by-step guide:

Step 1: Set Up Your Wallet

Before using Looter, ensure you have a compatible cryptocurrency wallet (such as MetaMask or Phantom for Solana users) set up and funded with the tokens you’ll use for trading and transaction fees. Since Looter supports multiple blockchains, make sure your wallet is configured for the chains you plan to trade on, such as Ethereum, Solana, Avalanche, or Arbitrum.

Step 2: Access Looter via Telegram

  1. Join Looter’s Telegram Bot: Find the official Looter Telegram bot link through this LINK or another trusted source.
  2. Fund Your Wallet: Once inside the bot, find your chain and associated wallet. Advised you use your private key to import your bot wallet to your software wallet, giving yourself access to funds on both platforms.
  3. Start Trading: You can immediately begin trading on your preferred blockchain by using simple bot commands to execute swaps, track tokens, or snipe new launches.


Step 3: Participate in Revenue Sharing

To benefit from Looter’s revenue-sharing model, you need to hold $LOOTER tokens in your wallet. Here’s how to get involved:

Purchase $LOOTER Tokens:

  • Use Looter’s trading interface to buy $LOOTER tokens directly.
  • Alternatively, you can purchase $LOOTER on supported decentralized exchanges, depending on the chain.
  • $LOOTER ca: 0x000000000a1c6659ac226dbb1c5bdc648df72e9e

Hold $LOOTER in Your Wallet:

  • There’s no need to stake or lock your tokens. Simply holding $LOOTER in your wallet makes you eligible to receive a share of the platform’s revenue.
  • The revenue distribution is typically proportional to the amount of $LOOTER you hold, incentivizing larger holdings for greater rewards.

Track Your Rewards:

  • The revenue generated by Looter’s platform (from trading fees, bot usage, etc.) is distributed to $LOOTER holders periodically.
  • You can monitor your rewards via the bot or the Looter dashboard if available.


Step 4: Stay Active in the Community

  • Engage on Telegram: Join Looter’s Telegram community to stay updated on the latest features, token updates, and promotional events.
  • Refer and Earn: Some bots like Looter may offer referral programs where you can earn additional benefits for inviting new users.
  • Explore Advanced Features: As you grow more familiar with the platform, explore advanced features like automated sniping or multi-chain trading to maximize your efficiency.


By simply trading with Looter and holding $LOOTER tokens, you not only gain access to a seamless, multi-chain trading experience but also become a participant in the platform’s growth. This combination of ease of use and tangible rewards makes Looter a compelling option for traders looking to benefit from the growing world of Telegram-based trading bots.


LOOTER + Abstract Chain

Looter is launching on ABSTRACT CHAINthe consumer chain!

Looter will be Abstract’s first native trading bot, with close support from native dApps
Earn extra rewards by completing Looter’s exclusive quests, with a focus on memecoin trading.

  • “Build Something Wonderful, OnChain. Abstract is the platform powering the next generation of consumer crypto”


Learn more about this network at the ABSTRACT NETWORK WEBSITE

Get fast shipping, movies & more with Amazon Prime

Start free trial

Enjoy this blog? Subscribe to Crypto Driips

0 Comments