Quick Reference Card: Flash Loans
Typical uses for flash loans include arbitrage, liquidations, swapping collateral, and moving debt to another protocol.
The borrowed funds and fees must be repaid to the pool before the same transaction ends; otherwise, the entire transaction is reverted as if it never happened.
Using flash loans requires writing a contract or using specialized tools. Be especially cautious of software claiming to offer one-click flash-loan arbitrage.
The lending protocol Aave behind $AAVE offers flash loans.
Just my personal opinion—don't take it too seriously.
Typical uses for flash loans include arbitrage, liquidations, swapping collateral, and moving debt to another protocol.
The borrowed funds and fees must be repaid to the pool before the same transaction ends; otherwise, the entire transaction is reverted as if it never happened.
Using flash loans requires writing a contract or using specialized tools. Be especially cautious of software claiming to offer one-click flash-loan arbitrage.
The lending protocol Aave behind $AAVE offers flash loans.
Just my personal opinion—don't take it too seriously.