What Are Flash Loans? TOP Ways to Make Passive Income Explained

What are flash loans? How do flash loans work? What are flash loans used for?

Term loans are usually associated with big banks and house mortgages. However, in the world of decentralized finance (DeFi), loans play a different role, especially flash loans. Investors can receive large amounts of assets with no collateral, no background checks and incredibly fast. But there is a catch: investors must repay the loan during the same blockchain transaction.

In this video, we will discover what are flash loans. In particular, we will analyze how flash loans work and what they are used for. Moreover, we will briefly look into the difference between flash and centralized finance loans, as well as get familiar with flash attacks.

Have you ever taken a flash loan? If you have, how do you get the most benefits from it?

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Video Time Table:

0:00 Introduction to What Are Flash Loans
1:08 Flash Loans Explained
2:28 How do Flash Loans Work?
5:12 What Are Flash Loans Used For?
8:08 Flash Loan Attacks
10:23 Wrap-up: What Are Flash Loans?

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