Cryptocurrency Q&A What is flash loan bot?

What is flash loan bot?

HanjiHandiwork HanjiHandiwork Wed Dec 18 2024 | 7 answers 1464
I've heard about flash loan bots in the crypto world and I'm curious to understand what they are. Could someone explain to me the concept of a flash loan bot and how it operates within the blockchain ecosystem? What is flash loan bot?

7 answers

SumoStrength SumoStrength Fri Dec 20 2024
These bots are designed to exploit price discrepancies across various decentralized exchanges (DEXs) and financial protocols.

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JejuJoyful JejuJoyful Fri Dec 20 2024
The CORE functionality of these bots revolves around the utilization of flash loans.

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Michele Michele Fri Dec 20 2024
Flash loans are a unique financial instrument that allows users to borrow funds without any collateral.

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SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Fri Dec 20 2024
Flash Loan arbitrage bots represent a cutting-edge technology in the decentralized finance (DeFi) sphere.

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Valentina Valentina Fri Dec 20 2024
The borrowed funds can then be used to execute arbitrage trades within a single blockchain transaction.

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