About 2 months ago, the DeFi community became aware that flash loans were a thing. The idea around them was simple, borrow as much money as you want, provided you can return it back in the same transaction. If you don’t, then the transaction will fail to actually finish executing One general problem with markets […] More
Balancing fees and first usage report.
We are the flash boys: first flash loan made by ArbitrageDAO on the Aave Protocol
With Flashloans, no capital is needed to execute a liquidation, borrow funds from Aave, pay back the debt on behalf of the borrower, collect their deposit, trade it for the best available price on paraswap.io and return the assets to Aave with a small fee all in a single transaction. The remaining assets are yours to keep!