Flash Loans – Borrow Without Collateral
A loan that got borrow and repaid in a single Ethereum transaction called flash loan. Hence you don’t need any collateral for flash loans.
First, you’ll learn the philosophy behind the flash loan. Why do people create flash loans in the first place? What are the use cases of the flash loan? You might have had heard of the flash loan attack if you…
Key Takeaways: Institutional loans amounted to $1.5 billion of the total outstanding loans, while retail loans made up $300 million. FTX signed a deal with the option to buy BlockFi for up to $240 million. Earlier, BlockFi liquidated a $400…