Re: [Ann] ⭐️ equalizer ⭐️ ⚡ DeFi Flash Loans Made Easy ⚡ ⭐️
Guidelines on how to do it will be published. It will require some programing skills to do it, but for sure will be worthy
What about my question? About the block, confirmation, and clogging, and about the trustless/collateralless method, I assume KYC is mandatory?
That's the definition of the flash loan:
Flash Loans are a unique capability available only on the blockchain protocol and represent an uncollateralized loan option that has to be returned in the same block transaction.
Flash Loans enable you to borrow instantly and easily any amount, with no collateral needed, but only if that amount is returned to the vault within one transaction block.
If this does not happen, the whole transaction is reversed and undo the actions executed until that point. This guarantees the safety of the funds in the vaults.
Use-cases include arbitrage, collateral swapping, rebalance, liquidation, and many more.
No KYC needed