Why don’t flash loans require collateral? Don’t panic—the class study rep has an answer:
Flash loans are typically used for arbitrage, liquidations, collateral swaps, and migrating debt to another protocol.
Flash loans themselves aren’t a vulnerability; in attacks, they’re only used to amplify the amount of capital involved. The real problem is often the attacked protocol’s price feed or contract logic.
You only learn the hard way: read the instructions first.
$AAVE 150.16(-3.56%)
#AAVE
Just listen—don’t copy it. Use your own judgment.
Flash loans are typically used for arbitrage, liquidations, collateral swaps, and migrating debt to another protocol.
Flash loans themselves aren’t a vulnerability; in attacks, they’re only used to amplify the amount of capital involved. The real problem is often the attacked protocol’s price feed or contract logic.
You only learn the hard way: read the instructions first.
$AAVE 150.16(-3.56%)
#AAVE
Just listen—don’t copy it. Use your own judgment.