Which protocol popularized the “flash loan” feature?
In January 2020, the Aave protocol launched on the Ethereum mainnet, changing lending from peer-to-peer matching to a liquidity pool model.
Flash loans are just a tool. In many attacks, they have been used to manipulate prices, so pay attention to a protocol’s price oracle design before choosing one.
$AAVE came from migrating the original LEND token at a ratio of 100 to 1. Currently: 110.59.
If anything wasn’t clear, leave a comment and ask me.
#AAVE
In January 2020, the Aave protocol launched on the Ethereum mainnet, changing lending from peer-to-peer matching to a liquidity pool model.
Flash loans are just a tool. In many attacks, they have been used to manipulate prices, so pay attention to a protocol’s price oracle design before choosing one.
$AAVE came from migrating the original LEND token at a ratio of 100 to 1. Currently: 110.59.
If anything wasn’t clear, leave a comment and ask me.
#AAVE
