Borrow over a million dollars without putting up a single cent in collateral?
Flash loans can work without collateral because of transaction atomicity: the entire transaction either succeeds or is rolled back, so the borrowed money can’t be taken away without being repaid.
Learning this won’t make me stronger overnight, but it can help me avoid making a basic mistake.
Don’t rush into buying just because everyone else is.
$AAVE 129.75(-2.73%)
Flash loans can work without collateral because of transaction atomicity: the entire transaction either succeeds or is rolled back, so the borrowed money can’t be taken away without being repaid.
Learning this won’t make me stronger overnight, but it can help me avoid making a basic mistake.
Don’t rush into buying just because everyone else is.
$AAVE 129.75(-2.73%)