The first page of my study notes says: Understand it before you place an order.
Today's topic: Stani Kulechov
The Aave protocol supported flash loans from launch: borrow and repay within a single transaction, with no collateral required.
When borrowing through a lending protocol, leave enough collateral headroom. If collateral prices plunge, liquidation often comes sooner than you expect.
$AAVE is Aave's governance token. Holders can participate in governance voting. Currently 130.37.
#AAVE
Today's topic: Stani Kulechov
The Aave protocol supported flash loans from launch: borrow and repay within a single transaction, with no collateral required.
When borrowing through a lending protocol, leave enough collateral headroom. If collateral prices plunge, liquidation often comes sooner than you expect.
$AAVE is Aave's governance token. Holders can participate in governance voting. Currently 130.37.
#AAVE