【One-Minute Explainer】Why don’t flash loans require collateral?
The borrowed funds and fees must be repaid to the protocol before the same transaction ends. Otherwise, the entire transaction is reverted, as if it never happened.
The lending protocol behind $AAVE , Aave, supports flash loans. Currently 160.71.
Only put in money you can afford to lose.
#AAVE
DYOR, and trade responsibly.
The borrowed funds and fees must be repaid to the protocol before the same transaction ends. Otherwise, the entire transaction is reverted, as if it never happened.
The lending protocol behind $AAVE , Aave, supports flash loans. Currently 160.71.
Only put in money you can afford to lose.
#AAVE
DYOR, and trade responsibly.