Borrow a large amount of money without putting up a single cent as collateral?
In many attacks, attackers use flash loans to obtain huge sums of money and manipulate oracles that rely on the spot price of a single pool.
When choosing a protocol, check where its prices come from: protocols that rely on the spot price of a single DEX pool are more vulnerable to flash loan attacks.
The lending protocol behind $AAVE , Aave, supports flash loans.
If you found this useful, save it to revisit later.
#AAVE
In many attacks, attackers use flash loans to obtain huge sums of money and manipulate oracles that rely on the spot price of a single pool.
When choosing a protocol, check where its prices come from: protocols that rely on the spot price of a single DEX pool are more vulnerable to flash loan attacks.
The lending protocol behind $AAVE , Aave, supports flash loans.
If you found this useful, save it to revisit later.
#AAVE