Why did the Finnish word for “ghost” become the name of a lending protocol?
Flash loans require no collateral because the borrowed funds must be repaid within the same transaction. If they aren’t, the entire transaction is rolled back, as if it never happened.
The Aave protocol supported flash loans from day one: borrow and repay within the same transaction, with no collateral required.
There’s no homework for this lesson, but the market can spring a pop quiz at any time.
Understand the principles before you dive in, and don’t place orders based on gut feeling.
$AAVE 151.26（-1.07%）
Flash loans require no collateral because the borrowed funds must be repaid within the same transaction. If they aren’t, the entire transaction is rolled back, as if it never happened.
The Aave protocol supported flash loans from day one: borrow and repay within the same transaction, with no collateral required.
There’s no homework for this lesson, but the market can spring a pop quiz at any time.
Understand the principles before you dive in, and don’t place orders based on gut feeling.
$AAVE 151.26（-1.07%）