@georgianne44
What is a flash loan, and how is it used?
A flash loan is an instant, uncollateralized loan in DeFi.
How It Works:
Borrowed funds must be repaid within the same transaction.
Used for arbitrage, liquidation, or refinancing.
Risks:
Vulnerable to attacks (e.g., price manipulation).
Flash loans are powerful but often exploited in DeFi hacks.
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