Study Notes | Flash Loans
① Aave flash loans require a small fee, with the rate set by protocol governance.
② In many attacks, attackers use flash loans to borrow huge amounts of funds and manipulate price feeds that rely on the spot price of a single pool.
③ Using flash loans requires writing a contract or using specialized tools. Be especially wary of software claiming to offer one-click flash-loan arbitrage.
$AAVE 130.68(-1.22%)
#AAVE
① Aave flash loans require a small fee, with the rate set by protocol governance.
② In many attacks, attackers use flash loans to borrow huge amounts of funds and manipulate price feeds that rely on the spot price of a single pool.
③ Using flash loans requires writing a contract or using specialized tools. Be especially wary of software claiming to offer one-click flash-loan arbitrage.
$AAVE 130.68(-1.22%)
#AAVE
