Cryptocurrency Q&A
How do flash loans work?
How do flash loans work?
Carlo
Mon Dec 23 2024
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7 answers
1667
I'm curious about the mechanism behind flash loans. How do they operate and what's the process involved? I want to understand the workings of this type of loan.
7 answers
charlotte_wright_coder
Wed Dec 25 2024
Users can access these funds without needing any upfront collateral.
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CloudlitWonder
Wed Dec 25 2024
The borrowed amount must be repaid within the same transaction.
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Daniela
Wed Dec 25 2024
Flash loans represent an innovative financial instrument within the DeFi landscape.
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Caterina
Wed Dec 25 2024
Additionally, a small fee is charged for using the flash loan service.
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Riccardo
Wed Dec 25 2024
This system ensures that the liquidity pool remains stable and solvent.
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