Why don’t flash loans require collateral? Don’t panic, your class rep is here to explain:
Aave flash loans require a small fee, with the rate set by governance vote.
Flash loans aren’t a vulnerability in themselves; in an attack, they’re simply used to amplify the amount of capital involved. The real issue usually lies in the attacked protocol’s price oracle or contract logic.
The old me: dive in first, figure it out later. The new me: understand the rules.
$AAVE 124.04(-8.26%)