Borrow Millions In DEFI With NO COLLATERAL? FLASH LOANS Explained (Aave, dYdX)


So what are flash loans all about? And how can they be used to borrow millions of dollars worth of crypto with no collateral? You’ll find answers to these questions in this video.

A flash loan is a feature that allows you to borrow any available amount of assets from a designated smart contract pool with no collateral. Flash loans are useful building blocks in DeFi as they can be used for things like arbitrage, swapping collateral and self-liquidation.

Flash loans, although initially introduced by the Marble protocol, were popularised by Aave and dYdX.

So, what’s the catch?

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

📖 Post ► https://finematics.com/flash-loans-explained/
📖 How to Code a Flash Loan with Aave ► https://finematics.com/how-to-code-a-flash-loan-with-aave/
📖 How to Use Furucombo ► https://finematics.com/how-to-use-furucombo/
🐦 Follow Finematics on Twitter ► https://twitter.com/finematics
💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics

🔒 Stay secure with a Ledger hardware wallet (20% off) ► https://shop.ledger.com/?r=b0b220a75e03 (you can use it with Metamask to interact with DeFi protocols)
🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac

How to Make Money Doing Day Trading? – 7 Steps to Day Trading Profit

Day trading, like any other business professions, needs profound training, decent planning, lots of practice, and emotion control. Thousands of beginners enter the day trading business every day in hope of making quick money. Yet only a few of those who get well trained, have a solid trading plan and discipline will survive and thrive in the business. How to become a successful day trader and make real money in the market? This article reveals the seven steps one need to take to achieve profitable day trading and financial freedom.

What You Need To Know Before Taking The Plunge

There are a few things that would come in handy when you decide to go into this field. Here are some of the must-have and must-do things required to find success in stock market world.

Day Trading Tips: How To Choose the Best Chart Interval for Day Trading

Choosing the right chart interval is critical to your trading success. It is part of your money management plan, but also has a lot to do with the psychology of trading. There is no “magic” time interval for your charts, but there are several very important issues that can make the difference between success and failure which are often overlooked by amateur traders.

Multiple Time Frame Price Action – Provides Powerful Reversal Trade Set-Ups

You can make powerful reversal trades by using the Multiple Time Frame Price Action Indicator and the Time Segmented Volume Indicator. The interaction of 8 different price action lines on these TradeStation indicators will identify great reversal trade opportunities to give you high reward probability and low stop loss risk trade set-ups.

Is It Possible to Turn $500 to 1 Million Dollars?

It sounds like one of those scam emails offering to turn $500 into a million dollars or more. You kind of expect it to be followed by some weird story about a deposed dictator tying to get cash out of a country you’ve never really heard of and couldn’t find on a map unless the index was really, really good. But your interest has been piqued and you have that nagging “what if” feeling at the back of your mind.

Why Exits Are Critical in Trading

In trading, you should know where the trade or system exit is BEFORE you place the trade. Why is this important? It is amazing how stress and anxiety, when you are in the moment, can cause you to make a terrible decision. Probably a decision, that had you been calm, you never would have made.

The Importance of Discipline As a Day Trader

Learn why discipline is important for any day trader. Also learn how you can work on building discipline from exercises directly related to trading and exercises in you daily life.

Day Trading

What Requirements are Needed for Day Trading? There are various ways that an investor or trader can invest.

3 Things You Must Master to Achieve Success in Forex Trading

Trading Forex can let you have an endless stream of profit which can far exceed your living expenses plus it also offers the freedom of mobility. And because of that, many investors are attracted to trade the most liquid market in the world.

Trading Psychology – The Truth About Trading Errors and Winning Trades

In trading, we often think that it is the ability to make the big winning trades that separate great traders from the rest of us. That is not really true. This article explains why using performance data from a tennis match.

You May Also Like