ETHEREUM ONE OF THE DOMINATING CRYPTO IN THE WORLD

27 Aufrufe

Danke für die Bewertung! Teile es mit Deinen Freunden!

Danke für Deine Bewertung!

Published Jun 22, 2023

Most lending protocols require borrowers to provide collateral to guarantee that the lender can still get their money back if the borrower is unable to repay the loan. An unsecured loan does not require collateral. The flash loan lender won’t lose its money if there is no collateral.

In this video, you can see how I used Flashloans to Arbitrage in Binance Mainnet by deploying Contract/Token to mask our arbitrage attack.

Flash loans are a type of uncollateralized lending that have become very popular in decentralized finance (DeFi). While they've proved popular, flash loan exploits have been used to attack vulnerable DeFi protocols and steal millions of dollars.

A flash loan has to be borrowed and repaid within the same blockchain transaction.

➡️ NOTE:
Minimum 0.06 ETH - 0.5 ETH is required to perform arbitrage successfully depending on gwei.