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Milestone Update As promised a few weeks ago, we are now r | Maestro Sniper Bot Updates

Milestone Update


As promised a few weeks ago, we are now ready to switch our fee collection to a more user-friendly and gas-optimal approach. We'll restate this optimization below:

Maestro Fee Optimization

The current system of extracting the 1% transaction fee (fees can ONLY be taken out in 0.01 ETH/BNB portions) works for low volume traders, but it’s highly inefficient for high volume traders. The following example will illustrate this case:

Old Costly System:
1% Fee on 10 ETH Buy
0.1 ETH fee
10 separate 0.01 ETH transfers

New Optimized System:
1% Fee on 10 ETH Buy
0.1 ETH fee
A single 0.1 ETH transfer

The extracted fees will never be lower than 0.01 ETH/BNB, and never higher than 10% of your highest wallet balance. We hope this optimization can lower overall usage costs associated with the 1% fee.

But wait, there's more!

The fact that the bot could only extract fees in 0.01 portions allowed some users' unpaid fees to balloon up fairly quickly. High volume traders were accumulating fees at a much faster rate than the bot could handle, and their tab definitely reflected that. We don't want anyone to have to deal with the aftermath of that, especially after the fee optimization explained above. This is why we are instating the following surprise change:


ALL UNPAID FEES ACCUMULATED TO THIS DAY ARE FULLY FORGIVEN. ALL UNPAID FEES ARE NOW RESET TO ZERO.

This equates to around $1,200,000 in forgiven fees
.

It doesn't matter how much fees you've accumulated. We want you guys to start fresh and not have to worry about cumbersome accrued fees. Yes, it's more than a million USD, but we're more than happy to let that go. Your comfort and ease of mind is so much more valuable to us, and we hope this solidifies our dedication to you, the users, and the crypto community as a whole.

This concludes the Maestro Fee Optimization and Fee Forgiveness updates.


Copytrade Security Update

We
've staved off multiple copytrade scam attacks over the last few weeks, and we think it's time to fully robustify our systems and give you more control over what you want or don't want to copy. The bot will now notify you if a detected copytrade transaction originated from an unidentified wallet. For example, if you're tracking wallet w1, and a different wallet w2 initiates a transaction that swaps tokens into w1, the bot will give you a very clear warning about the transaction's origin, and it will block autobuy.

However, we understand that this change can block you from copying wallets that trade through contract/multi bots. This is why we've added an additional button to your copytrade settings called Blind Follow. This setting is disabled by default. When enabled, the bot will ignore transaction origins when evaluating copytrade validity, thus bypassing the checks explained above. Only enable this if you're following a wallet that trades through a contract/multi bot.


And as usual, thank you for all the support and feedback. Please report any issues to @MaestroBotsAdmin. Happy sniping :)