I’ve put together a few practical notes about flash loans.
In many attacks, attackers use flash loans to obtain huge amounts of funds and manipulate price feeds that rely on the instant price of a single pool. Using flash loans requires writing a contract or using specialized tools, so be especially cautious of software claiming to offer one-click flash-loan arbitrage.
The lending protocol Aave behind $AAVE supports flash loans.
Be extra cautious when you come across projects promising high returns.
#AAVE
In many attacks, attackers use flash loans to obtain huge amounts of funds and manipulate price feeds that rely on the instant price of a single pool. Using flash loans requires writing a contract or using specialized tools, so be especially cautious of software claiming to offer one-click flash-loan arbitrage.
The lending protocol Aave behind $AAVE supports flash loans.
Be extra cautious when you come across projects promising high returns.
#AAVE