Understanding this won't make me money right away, but it can help me avoid a few basic mistakes.
This lesson's topic: Stani Kulechov
The Aave protocol supported flash loans from the moment it launched: borrow and repay within the same transaction, with no collateral required.
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 using it.
$AAVE is Aave's governance token. Holders can participate in governance voting.