4 ms·
> In DeFi anyone can take advantage of them using flash loans. Ok... how do you repay flash loans when things go bad? Please, do elaborate.
by oblio 4y ago
> In DeFi anyone can take advantage of them using flash loans.
Ok... how do you repay flash loans when things go bad?
Please, do elaborate.
- TimJRobinson 4y agoFlash loans are repaid instantly in the same block. If it doesn't repay itself the transaction isn't valid.
- snapcaster 4y agoFlash loans only happen if they're paid back. Pretty cool tech actually as someone pretty skeptical of blockchains