About Flash Loan & Arbitrage,
DeFi FLASH LOANS
Flash Loans are special transactions that allow the borrowing of an asset e.g. (USDT, DAI), as long as the borrowed amount (and a fee) is returned before the end of the transaction (also called One Block Borrows). These transactions do not require a user to supply collateral before engaging. There is no real-world analogy to Flash Loans,
How to do a Flash Loan?
If you would like to know more about the procedure for doing a Flash Loan, check out our video demonstration on YouTube. We have developers who are also available on our Telegram Live Chat to help with the process.
Flash Loans without coding?
Yes, there are already tools allowing end users to benefit from Flash Loans, such as ArbiFlashLoan.
It is even possible to use Flash Loans without coding skills through user interfaces such as the one provided by us. check it here
Applications of Flash Loans
Aave Flash Loans are already used with Aave V3 for Arbitrage, FlashLoans, liquidity swap features. Other examples in the wild include:
- Arbitrage between assets, without needing to have the principal amount to execute the arbitrage.
- Liquidating borrow positions, without having to repay the debt of the positions and using discounted collateral claimed to payoff flashLoan amount + fee.