Flash loans are the fucking future
Other urls found in this thread:
imagine being this much of a jew where you'd think a "flash loan" is a good idea.
they make everyone a whale. what's not to like?
begone with your heretic usury schemes, juden
Explain
Uncollateralized loans. If you can prove that your transaction will make money within the next block, you can borrow unlimited liquidity to make the trade. If the trade doesn't make a profit it just cancels.
Innovations are happening everyday. So far arbitrage and self-liquidating Makerdao eth cdps are the biggest use cases.
jesus christ why doesnt he just twll you to skip 3/4 of the video so you don't have to listen to ads
lol
How do you prove you’ll make money
Trust by signing the pledge of honesty
>source: dude trust me
it's part of the smart contract. if the borrowed amount isn't returned by the end of the transaction the entire contract reverses as though it never happened
...
damn marc zeller shitposts in the Kleros discord daily
link to discord?
bump
Tfw not big brained enough for shit like this
MONEY LEGOS
So I get a flash loan of $1M to buy dogecoin. This goes south. But I bought $1M of dogecoin from someone. What happens to the dogecoin short?
It all makes sense now, ty. Be careful not to stand on those, they hurt.
Are you imbecil kek?
It works on eth network with eth native assets like rc20s, maybe its time to do wDOGE?
Lol
Just got onto Aave today actually. Set up a deposit of tokens, got a loan, then got a token with higher APY returns the loan & it's happily ticking away giving me interest arbitraging. Noice, slower than trading returns but far more secure & I don't need to sell my Linkies. Looking forward to the uniparty liquidity thing too I saw someone talking about in another thread.
Fyi: dogethereum.net
the future of online robberies
*uniswap. Not uniparty lmao
did you deposit your linky? I tried once and fell for the higher APY meme which was SNX and got rekt when the value depreciate, I should just stick with USDT. I got 15K Link should I deposit them, get a loan and profit from the APY?
shhh. don't reveal my side love, PNK IZ INDIAN SCAM PLZ DONT BUY.
>dogethereum.net
Lel eth is trully amazing sometimes
Be user,
Be retard to the point to think a tool that allow any normies to access whale-like liquidity is some juden move.
stay poor, blame jews while we're long on $LINK and makin' monies
I'm loaning sUSD, the SNX stablecoin. Borrowed DAI, swapped it for that. DAI is running at roughly 4% apy, but SNX is nearly 30%. So yeah, I'd do it, free money until their rates even up (at which point I'll pay down the debt & do something else I guess}. Just be careful with over leveraging of course, don't wanna lose the Linkies haha.