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โก #FlashLoans101: Instant loans (and dangerous).
Imagine taking a loan of millions โ without collateral โ and paying it back in seconds.
This is a flash loan: one of the most innovative (and controversial) concepts in DeFi.
๐ What is a Flash Loan?
๐น A loan that only exists within a single transaction
๐น If the amount is not repaid in the same block, the transaction is canceled
๐น Used by traders, bots, and arbitrageurs
๐ก What it's for:
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Arbitrage between exchanges
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Swap collateral on DeFi platforms
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Execute complex strategies without own capital
โ ๏ธ But be careful:
โ Has been used in attacks on poorly protected protocols
โ Requires deep technical knowledge
โ Not for beginners โ high risk, high complexity
๐ง Behind it, flash loans show the power of code in the DeFi universe:
Trust is not in people. It is in the rules of the protocol.
โก๏ธ Flash loans are powerful tools. But like any tool, they depend on who uses them.
#FlashLoans101 #ArbitragemCripto #Web3Inteligente