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i'm glad you're not a regulator. I can get loans on my assets to participate in defi, arbitrage, & and literally cash out my money into a bank account if i so
by TrapLord_Rhodo 5y ago
i'm glad you're not a regulator.
I can get loans on my assets to participate in defi, arbitrage, & and literally cash out my money into a bank account if i so wished. Pretty useful.
- colinmhayes 5y agoYou can't cash out flash loans, they need to repaid within the same block. The only legitimate use case seems to be arbitrage/stablecoin stabilization.