Which protocol made the “flash loan” feature popular?
Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending platform on Ethereum.
Key point: A flash loan is just a tool. In many attacks, flash loans have been used to manipulate prices, so pay attention to a protocol’s oracle design before using it.
$AAVE was converted from the original LEND tokens at a ratio of 100 to 1. Currently 131.51.
If you don’t understand a product, avoid taking a large position in it. It’s safer to try it out with a small amount.
#AAVE
Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending platform on Ethereum.
Key point: A flash loan is just a tool. In many attacks, flash loans have been used to manipulate prices, so pay attention to a protocol’s oracle design before using it.
$AAVE was converted from the original LEND tokens at a ratio of 100 to 1. Currently 131.51.
If you don’t understand a product, avoid taking a large position in it. It’s safer to try it out with a small amount.
#AAVE
