Trading Notes | Stani Kulechov
① The Aave protocol offered flash loans from launch: borrow and repay within a single transaction, without collateral.
② In January 2020, the Aave protocol launched on the Ethereum mainnet, changing its lending model from peer-to-peer matching to a liquidity pool model.
③ Flash loans are just a tool. In many attacks, they have been used to manipulate prices, so pay attention to a protocol’s oracle design before choosing it.
$AAVE 131.89（+3.98%）
#AAVE
① The Aave protocol offered flash loans from launch: borrow and repay within a single transaction, without collateral.
② In January 2020, the Aave protocol launched on the Ethereum mainnet, changing its lending model from peer-to-peer matching to a liquidity pool model.
③ Flash loans are just a tool. In many attacks, they have been used to manipulate prices, so pay attention to a protocol’s oracle design before choosing it.
$AAVE 131.89（+3.98%）
#AAVE