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DeFi tokens / Re: What are flash loans in DeFi?
« on: August 10, 2023, 01:43:17 PM »
DeFi and flash loans, now that's an interesting topic! It's pretty wild how they've shaken up the traditional lending scene by not needing the usual proof of income or collateral. But, as with anything, there's a catch - pros and cons, right? It's cool to see how DeFi protocols, especially on Ethereum, have made flash loans a thing.
Aave really brought this idea to life, and it's intriguing that these loans are like an advanced concept for developers. Flash loans are definitely not your typical personal loan scenario! The safety concerns and use cases add another layer to the conversation. Looking forward to diving into this and learning more.
Aave really brought this idea to life, and it's intriguing that these loans are like an advanced concept for developers. Flash loans are definitely not your typical personal loan scenario! The safety concerns and use cases add another layer to the conversation. Looking forward to diving into this and learning more.