Decipher Sniper
@tothemoon-001
New week, new alpha! Happy new week, my people! Let’s start strong with another DeFi 101 topic that sounds like a cheat code, but isn’t for the faint-hearted: ⚔️ Flash Loans: The Double-Edged Sword of DeFi What’s a Flash Loan? It’s a loan you take without collateral... Yes, you read that right: no collateral 👀 But here’s the twist, you must borrow and repay within the same transaction (block). What’s it used for? 💡 Arbitrage opportunities 💡 Collateral swaps 💡 Liquidations Why is it powerful? ✅ Anyone can access it ✅ Opens up advanced DeFi strategies ✅ No upfront capital needed But here’s the flip side: ⚠️ It’s also been used for exploits ⚠️ Flash loan attacks have drained millions from vulnerable protocols ⚠️ You need serious technical skill to pull them off effectively (or defend against them) Flash loans are DeFi’s sharpest tool, deadly in the right hands, dangerous in the wrong ones 🧠 Web3 class continues later today 📚🧵
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Timilehin Ogedengbe
@tfame
Lfg
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