Flash loans reddit. Next-generation platform for decentralised applications.
Flash loans reddit The official subreddit for CEX. If you want to flash loan in one asset and pay back in another, you use Aave and pay a very small percentage based one time fee (similar to interest). But initial impressions: Hliquity and Bonzo seem Flashloans or flash mints can't work cross-chain since bridges always have to wait for a few confirmations to avoid being double spent. Do you dare to read this story? To understand what a flash loan or flash loan is, we must understand a little, how loans work in decentralized finance. A lot of trial and errors past, we may be able to secure flash loans and have the damage in control. 1 million dollars worth of ZRX on Kyber. Flash loans became popular because they have been used to exploit a series of vulnerable DeFi protocols, leading to millions of dollars in losses. Locked post. Education. How to borrow millions without collateral or credit score! | Flash Loans | Defi Loans Explained . r/0xPolygon A chip A close button. Skip to main content. This feature allows borrowers to borrow any available amount of assets without collateral. 72K subscribers in the tezos community. If it's a truly Skip to main content. Are there any reputable bots out there that leverage flash loans instead of collateralized loans for safe and automated arbitrage trading? Any advice would be greatly appreciated. Flash loans provide several unique advantages in the Flash loans allow users to borrow assets without collateral in the DeFi space, but they must be repaid within the same transaction. Today, I came across AAVE Flash Loans and one of its use cases i. Add your thoughts and get the conversation going. Did already read quite a lot about it but still don't really get it. Compete, hack and win prizes. This is a place to post any information, news, or questions about the Solana blockchain. Level 3 members pay no platform fees, just the loans provider borrowing fees. I tracked a smart contract and it is making $60k a day just doing arbitrage on tokens trading in different dex. If your transaction is not possible in one-block it will fail because you are not able to Edit: Flash Loans are a particular type of Loan that are low risk and do not require collateral. Flash loans have to be repaid in the same transaction where they're taken out, so you can't wait any amount of time. I've been doing research lately concerning flash loans and how they can be used to profit from arbitrage opportunities. We are But was wondering if it's possible to take a flash loan, buy small cap token and then sell it for profit? All on the same exchange 🤔 Say i take 1mil flash loan, buy a small cap token (below 200k),that would make it's marketcap at 1. This is an educational subreddit focused on scams. I did a couple of tests and it is working AAVE loans are overcollateralized, so you need collateral deposited into AAVE first. Industry-leading smart contract security services. Most is done through hard code and although there are legit reasons to use it like refinancing from say aave to cream to take advantage of better interest rates a lot of times it is used to just exploit smart contracts so Are the flash loans still profitable? Skip to main content. this is why wrapped crypto punks Flash loans are unique because a number of operations are done and it's presented as a single transaction. Do you send the same coins that you are borrowing, such as USDT I just learnt about flash loans last week. r/CryptoIndia A chip A close button. Log In / Sign Up; Advertise on Reddit; Shop Collectible Aave. Any guidance, advice, or recommended resources would be greatly appreciated. I have deployed my contract and funded it with enough money to pay for loan interest. The main reason for this is how they’ve 🌊 Flash Loan Flood 🌊 **More than $10 million worth of Flash Loans are now executed on our Permissionless Protocol. Flash loans are an important feature of DeFi. View community ranking In the Top 1% of largest communities on Reddit. they are bought and sold exclusively on larvalabs site (the creators of the punks). if you dont I've been going down the flash loan rabbit hole and have a few questions: They seem too good to be true, on paper. It's just arbitrage, which is legal as hell. I’m very new to the crypto world and I have a few questions on the world of flash loans because I’m just getting into it. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier The real use for these kind of roll-back-able transactions is atomic interactions. typically one that nobody else has spotted and paying back your debt. Open comment sort options. As I'm sure some of you are familiar, with flash loans you borrow money, do whatever with it, and repay with interest all within one block. So you can technically LP using flash loans, but you'd need to pull the funds back out right away. Fiat uses faith to qualify loans, so the idea of credit based on nothing (friendships?) is just not compatible with crypto. I bought my full allocation during the HLiquity sale a few weeks ago, as I like the concept, and see big potential for such a service running on Hedera. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A rosedye • Additional comment actions. 8M subscribers in the ethereum community. Flash loans are not a characteristic of the blockchain, but rather a financial concept. This needs to be executed by a smart contract you've written yourself so this is all executed at the same time. I hear of flash loans and flash loan scams. Log In / Sign Up; Advertise on Reddit; Shop Flash loans seem like a great way to capitalize on price discrepancies across exchanges without locking up capital or facing margin calls. Has anyone ever done a successful flashloan at all? Hi, I am going through flashloans published on eigenphi and this particular one is not clear to me. I read an article yesterday about flash loan attacks and i seem to notice something. Hello, I want to mention I don't have experience in crypto, so this why I am asking questions. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Hi. Controversial. So he opens the position that will make him money if wbtc goes down. Radix, with its under-5s settlement finality, is likely going to make the flash loan attacks worse than it Posted by u/1R3N9 - 9 votes and 20 comments Do flash loans (arbitrage) really work? Share Add a Comment. The information that I’ve found is that it’s used for loans or such, which makes it even more confusing. If you have any further questions or concerns, I'm open to Crypto. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: In such circumstances, you take the flash loan in exchange of a tiny fee, repay your loan with the flash loan, get back your collateral, sell a part of it to repay the flash loan, all that in a single transaction that either ends with the flash loan entirely repaid or that fails without having anything done (except your transaction fees being 6. A few weeks ago, I found myself in need of a couple of small loans to pay some bills before my paycheck came in. What Are Flash Loans? Flash loans are uncollateralized loans that are issued and repaid within a single blockchain transaction. Another, you could prevent any smart contract and only allow EOAs but this might not be ideal. After a lot of hemming, hawing, and slight panic, I looked up some info on personal loans and In V3, flash loans are separated from swapping–it’s simply a function that gives the caller a number of tokens they requested, calls a callback on the caller, and ensures a flash loan was repaid: function flash( uint256 amount0, uint256 amount1, bytes calldata data ) public { uint256 balance0Before = IERC20(token0). They leverage smart contracts, which are helping to build Web3 apps, mostly on the Ethereum network. Best. Premium Powerups Explore Gaming. where at the start of a block you lend some eths, then do whatever you want with it and have to return it till the end of the block, which takes about 15 seconds. r/ethfinance https://furucombo. If you have Hi Reddit family. Flash loan arbitrage, flash swaps, and liquidations have been topics of research on my radar for a few months, and they all seem like opportunities for automation to build a “money printer” with mostly zero risk, right? I have yet to find a live, reputable, streamlined, and reliable platform that has built these automated The Role of Flash Loans in DeFi 2. We have built an algorithmic stablecoin and embeded into our framework a 1 epoch lock up period to mitigate the risk of flash loans. It was my first time doing this, so the process was tedious and a bit long, but, I did it and I feel better now :) just had to share. Next-generation platform for decentralised applications. Pay back the flash loan of $1 million and keep the difference. 📚 Read: How Do Smart Contracts Work? The distinctive aspect of flash loans is that they eliminate the need for income proof, reserves, or Does Flash Loan Arbitrage Technique still work? I'm into crypto since 2017, but I didn't explore DeFi space. So flash loans are Advertisement Coins. Be the first to comment Nobody's responded to this post yet. Just consider that these loans are all overcollateralised (you View community ranking In the Top 10% of largest communities on Reddit. Hey guys, I'm new to creating Hi everyone. Sports. I see there is a transaction step involving Null address. org But I heard about flash loans, that are used or done via ethereum smart contracts. And the addition of a new blocks takes approximately 10-15 seconds on Ethereum. And I found that actually there are no loans that could be done without collateral. blog. Log In / Sign Up; Advertise on I have found lots of arbitrage opportunities in DEX through Coinmarketcap, however when I put together the combos in Furucombo it shows me totally different prices than coinmarket (even updating the platforms, I never see the prices in Furucombo being the same as what coinmarketcap shows). Learn Please note that PancakeSwap (or any wallet service) DOES NOT provide support through direct messages. com is the best place to buy, sell, and pay with crypto. I haven't found anything Advertisement Coins. The losses amount to roughly $7. While these loans offer opportunities for arbitrage and liquidations, they carry risks like A flash loan is a type of uncollateralized loan that is borrowed and repaid within a single blockchain transaction. Old. Or check it out in the app stores TOPICS. Welcome to the official Solana subreddit. I have no coding background. So now it's the right time to start. 2mil and then i sell the tokens at 6x profit and repay the loan in same transcaction? Or it doesn't work that Are flash loans available on Aave only? And each loan would cost dozens of dollars in the gas fees? 76K subscribers in the UniSwap community. We are tldr; BurgerSwap was hit by a flash loan attack last night. The topic of Flash Loans has really piqued my interest this year. Uniswap founder Hayden Adams noted that a key part of the code was changed by the BurgerSwap team, raising suspicions of an inside Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Fees can be reduced by staking FLASH tokens in return for membership levels 1-3. Is there a crypto arbitrage bot that can use flash loans instead of traditional loans for leveraged trading, so that you're not on the hook for the Skip to main content. (I can go into detail on how this JASMY Inc, an ex-SONY Executives' venture company, is developing the L1/L2 Networks & JASMY Smart Devices with manufacturers like Panasonic. NFL NBA Trying to get my head around the construct of Flash Loans. I’m not familiar with bzx either but I’m sure it handles shorts like really any other platform. How does it work, is it hard to The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user, developer experiences. Did this just to learn more about the concept and The chief limitation of flash loans is absolutely critical: the loan must be repaid (with interest, which is usually a bit under 1%) within seconds of when you take it out. Flash Loans in DeFi 2. New. Maybe they have invented a very smart way to do loans with zero collateral just like a flash loan, except in more than one block? The concept of Flash Loans for the first time was "called by the name" by Max Wolff, the creator of Marble Protocol in 2018. Flash loans offer instant execution, high leverage, DeFi composability, and zero collateral requirement, which introduces Flash loans, facilitated through smart contracts, allow users to borrow large amounts of crypto without requiring collateral. Dive in at ethereum. I can’t tell anyone else, but yesterday I moved all my BTC and ETH to a Passphrase protected account using Ledger. 2 million. IO, the leading crypto exchange. Or check it out in the app stores 6. I am bit cautious so I wanted to Posted by u/ragnar_xp - 2 votes and no comments Flash loans are unique financial products, only available in DeFi. If you're smart, you can avoid eth <-> polygon bridge fees by taking advantage of exchanges that allow direct transfers to Polygon, avoiding the bridge entirely. Log In / Sign Up; Advertise on Flash loan providers like aave allow you to take out a loan for many millions if you can return the money in the same transactions, people use the flash loan to deposit these huge funds to pools/vaults abusing some problem in the smart contract to As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. r/ethereum • New Ethereum powered Youtube alternative (open source) All chains are. These flash loans are also frequently used in attacks, as you can easily borrow millions add that to a liquidity pool, which temporarily readjusts the price of the trade pair 10 votes, 22 comments. Competitive Audits. More posts you may like . Compound is an algorithmic money market protocol on Ethereum that, like Aave, allows you to borrow or lend money and earn interest for providing collateral. r/CryptoCurrency A chip A close button. e. I want to give it a try, thanks for the information you guys have given in this chat so far. app/ has a tool to automate it, literally money legos tool. If your transaction is possible, in other words if you can repay the loan in one-block, it will execute and you keep the profit. **🎉 ⚡️With rising adoption of our permissionless protocol, $8. Can anyone help me out with flash loan arbitrage? I understand how to do a Flashloan trade but what is the most efficient and straightforward way to find arbitrage opportunities that show up for less than 1 minute? Or even 30 seconds. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. eXRD, XRD). You pay the network fees, they supply the liquidity. 6M subscribers in the CryptoCurrency community. We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Hello, I just wanted to learn more about flash loans and how to make your own flash loan and borrow some crypto. UniLend is a Multichain protocol for Lending & Borrowing all ERC20 tokens permissionlessly. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: What makes Aave unique is its latest feature: flash loans. The coins need to be returned before the next block is minted. Then the dev teams of the project don't insert all values as necessary or leave code lines in that were patched by the original With a flash loan you could get "loaned" that amount and then can attempt to execute the trade. Dive into this ultimate guide for 2024 to understand how they work, the risks involved, and how to create one. The $50 will repay the effort and time invested in creating quality educational content. Any other useful info for an absolute beginner? I want to run the loans on polygon network. This is simply not possible if you need the funds for more than View community ranking In the Top 1% of largest communities on Reddit. It is definitely a necessary feature imo, flash loans be damned. 1. Any flash loan arbitrage strategy recomendation? Is there any general rule for finding arbitrages? Or any recommendations of apps/tools/webs for finding these arbitrages? Nexo is the world’s leading regulated digital assets institution. The first thing we need to understand is Ethereum transactions. How to code flash loans, help? Hi there. Or check Flash loan is a feature of decentralized exchanges to borrow coins without collateral for a short duration. If you ask others, they are hanging their hat on Harmony not allowing the loans, Viper is ahead of the game if that ever changes. If you had a million dollars worth of ZRX you could buy BAT on Uniswap and sell it for $1. I’m still pretty new to the whole crypto space (and personal finance in general) so perhaps I’m just not understanding what the benefit of having my Bitcoin doubled with a loan that will cost me over 9% annual interest rate on top of the $2/day interest. The reason is that a lot of the projects on BSC are copied and pasted from existing projects. CryptoPunks are not bought and sold on Opensea. be Open. A couple of unexpected vet bills cleaned me out, and I still has two weeks until my next payment. NFL NBA Megan So guys I'm developing a flash loan arbitrage contract just for fun and glory. can someone help me in understanding how it works. More posts you may like Top Posts Reddit . A flash loan is borrowed and paid back within the same block, that's the flash part. I’m interested in learning more about them and how to use them properly for arbitrage because of the low risk factor unlike normal loans. 8M subscribers in the CryptoCurrency community. Flash loans work by borrowing a loan, then repaying it in the same block. To use AAVE without ETH L1 gas fees, consider using AAVE on Polygon. If any part of the transaction fails the whole transaction fails. NFL NBA Megan Anderson Atlanta flash loans are paid out and paid back within the same block. If it doesn't, the transaction is reverted and all you lose is some gas. Q&A. I appreciate the guidance away from taking out loans for crypto but this is an entirely different scenario flash loans only let you do what you would ordinarily be able to do. r/CryptoCurrency A chip A close button One example, you could prevent some operation by the same account multiple times in the same block but a flash loan user could move funds between multiple accounts. I also read that the transaction time is equal to the block time. Web-scale blockchain with speeds of 50k TPS. When executing a flash loan, you tell the pool how much you are borrowing and what token you are borrowing (and who to send the coins, most likely your smart contract’s address). Reply reply Welcome to FXGears. There are platforms that give loans in cryptocurrencies as long as we have a Check our past thread for more context on flash loans on PancakeSwap Advertisement Coins. r/RialtoAI A chip A close button. Press question mark to learn the rest of the keyboard shortcuts Assume you have at least 4 smart contracts to perform a flash loan arbitrage trade: A) a flash loan provider which has unlimited access to liquidity of Token M B) a DEX which offers swaps between token M and N C) another DEX which also offers swaps between token M and N D) your smart contract which contains the arbitrage logic I think Flash loans are very nascent even when compared to DeFi. Ever been curious about flash loans in #DeFi? Think quick, no-collateral, smart contract-based loans. 09% fee could stack up There's a lack of documentation out there for how to do flash loans on dydx, which is a pity, since they're the one place that Skip to main content. For instance, most flash loans are used to get a very temporary loan that helps you repay a loan that helps you take back full control over the collateral that was securing that loan, from which you can then repay the flash loan and its tiny (I've checked, aave on polygon doesn't have flash loans) I'm looking for a flash loan service on polygon with relatively Skip to main content. r/cosmosnetwork A chip A close button Hey everybody, I just learned what flash loans are, and i'm really interested in leveraging this technique to help grow my wealth. Top. With the recent rise of flash loans on Ethereum I wanted to know if there is something similar on Tron one can easily use. It says the attacker took out a flash loan and used half of it to margin trade on bzx protocol (im assuming fulcrum). Let's unpack this! Advertisement Coins. Another example is deleveraging a leverage a loan is made to a party the party has an opportunity to use the loan to make profit the party either pays back the loan and keeps the profit, or they fail to pay back the loan and the loan is "rolled back" (e. I know how to code everything, but I need to know about funding the Smart contract by sending coins to it, in order to execute the flash loan successfully. Thank you! According to crypto flash loan protocol Aave (AAVE), flash loans are designed for developers. One can take out a Instead, most flash loans can only be used by their owner, because they're tied to their own data. com, a trading News, articles and discussions about decentralized financial protocols on any blockchain Users can borrow any amount of any token without providing any security through permissionless flash loans, allowing them to take advantage of Coins. Internet Culture (Viral) Amazing; Animals & Pets; Cringe & Facepalm; Funny; Interesting; Memes; Welcome to ShitCoinMoonShots! --- This is a place for discussing low market cap defi crypto projects. And its potential is definitely unfathomable. Log In / Sign Up; Advertise on So imagine you somehow find a profitable arbitrage opportunity despite of the loan fees, gas fees etc. . Sort by: Best. I think the path you seek is along the lines of: get a fiat loan where you qualify (not advice, seriously, DON'T), put it in a defi collateralized debt position (probably advice, probably Justlend. flash loans just remove the need to hold capital to take advantage of these. Although we can’t help here with specific account service issues, 4. finance/ Get app Get the Reddit app Log In Log in to Reddit. Still have not yet gotten round to doing a deep delve into Bonzo Finance. the group txn implementation as dictated above would be significantly safer than the way it works on eth. its just about having the right amount of cash at the right time to take advantage of a short term opportunity. New comments cannot be posted. Ive read some information about flash swaps, but I can’t seem to find any info pertaining to mines exclusively. com Visa Card — the world’s most widely available crypto card, Curious about flash loan arbitrage smart contracts? Dive into this ultimate guide for 2024 to understand how they work, the risks involved, and how to create one. I'm eager to learn and get involved in flash loan arbitrage on Solana, as I believe it offers scalability and enticing opportunities. Compound. g. Services. I Advertisement Coins. the contract predate the erc721/1155 token standard and therefore is not compatible with opensea. Unlike traditional loans that require collateral and can extend Flash loans are unsecured loans in DeFi that must be repaid within the same blockchain transaction, enabled by smart contracts. This provides lenders on Aave value. Because you have to pledge some other coins or NFT to receive the ability to use smart contracts. Blazarius120 • yes, but good opportunities are hard to find, especially with the high Ethereum costs. If you want to flash loan an asset and pay it back with the same asset and amount, you set up a chain of 3 actions in DyDx: The flash loans aren't the problem, it's bad code in specific projects. People who make projects just need to make something that can’t be manipulated by large transactions that flash loans make easy. I have been a victim. it's never recorded to the block chain) This seems like it allows one to attempt to profit without any downside. I have less than 100matic in my account, is that enough? He borrowed $10 from ethereum using the flash loan meaning it was practically a free loan. Hey guys. Related Topics Ethereum Crypto comment sorted by Best Top New Controversial Q&A Add a Comment. Crypto Arbitrage with Flash Loans . 4% rate, butusing compound interest, you are really paying over 20%! Plus, they addprepayment penalties so One is a pink uniswap flash swap contract and the other just says “rarible”. 2. Flash Loans is an uncollateralised loan provided that the loan amount must be returned to the lending platform in the same transaction. reReddit: Top posts of December 1, 2021. Thanks comments sorted by Best Top New Controversial Q&A Add a Comment. Arguably Reddit's best Advertisement Coins. More specifically, it must be To answer these questions, we need to take a look at how flash loans actually work. Hi everyone, I was trying lately to find other use cases of flashloans, than arbitrage. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the app now. And realistically if you have to ask about how to do it you probably dont have much use for it. What do I need to know before I look at coding flash loans? I've been meaning to get into coding for years. First Flights. Flash loans on Uniswap v2 code ARE the exploit I'm talking about. finance Open. It is totally a scam! When you deposit a loan amount on that contract that you must deploy like they say, and execute the function "action()", you're actually sending your tokens to an unknown address. Thank you. 0. I only really came across a single use case which is conducting an arbitrage I’ve been learning the DeFi markets, especially flash loans service. Also tried making the second amount slightly lower than the output of the first, but no luck. There are multiple scams targeting crypto users and you should NEVER, under any circumstances, share your wallet seed phrase or any personal information with anyone online!. Can anyone get a flash Skip to main content. If they took out the ability to take out a flash loan on PancakeSwap and the rest of the Uni v2 exchanges, that would no longer be a usable exploit. The fee would change the price stopping the loan from taking place. I could just spend all day playing around with the trading pairs in the combos I made to see the end profit but can't find anything useful and I've been Flash loans that take advantage of some exploit are one thing and wrong, but some simple arbitrage flash loan isn't and shouldn't be considered even remotely illegal. You trigger your transaction. Either you make instant profit and are able to pay back the loan at the same moment or the whole transaction fails including you never recieving a loan or using it on a contract leaving you only with the gas fee. 380K subscribers in the CryptoCurrencies community. I suspect it will be something that algofi does in the future. This blog post will teach you what a flash loan is, how it works, and what it can be used for. If you do not know how to code, you can learn how to create smart contracts using no-code tools . Arbitrages between two or more DEXs. com provides information and resources about the fundamentals of the decentralised non-custodial liquidity protocol called the Aave Protocol, comprised of open-source self-executing smart contracts that are deployed on various permissionless public blockchains, such as Ethereum (the "Aave Protocol" or the "Protocol"). Flash Loans — Borrow Without Collateral. Flash loans already exist, which allows you to take millions in a loan with a zero/very small interest and zero collateral. I’ve just opened up my first Ledn account and transferred some of my Bitcoin in there to start earning interest. They can also be used for levered trading and profitable Step 4 is the issue. Private Audits. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston DISCLAIMER: I am not an expert on loans. NFL Beware of FLASH LOANS tutorial videos! It's a scam! youtu. Thanks to smart contracts, Ethereum Flash loans are special DeFi transactions that allow anyone to borrow funds without collateral. If you don’t pay back the loan + fee the transaction fails. The leading community for cryptocurrency news, discussion, and analysis. Without flash loans, only people with lots of capital could make that trade, with flash loans anyone can. r/ethdev A chip A close button. UniswapV2 made everything run on flash loans, for example. Tezos is a decentralized blockchain for assets and applications that can evolve by upgrading itself okay i’m gonna comment because i don’t see a decent answer on here and actually see wrong answers. Reply reply Top 32% Rank by size . As DeFi evolves, flash loans are playing a crucial role in shaping the next generation of decentralized financial protocols, often referred to as DeFi 2. After a week of study, I have discovered an alleged cryptocurrency scam through a type of loan called flash loan. The interest rates are automatically adjusted based on supply . Uniswap is a decentralized trading protocol on Ethereum. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. 0: Protocol-Owned Liquidity: Using flash loans to bootstrap liquidity in new protocols, reducing reliance on external liquidity View community ranking In the Top 1% of largest communities on Reddit. Crypto. All types of projects are welcome, whether that be a shit coin or a genuine project with potential. com. Keep yourself safe: Never click on any unverified links. io Press J to jump to the feed. They find use cases in arbitrage and I am trying to research flash loans, with the idea to attempt a personal project to complete a successful flash loan using arbitrage. NFL Unlike a normal loan, where the interest payment is compoundedor recalculated monthly, quarterly or annually and adjusted downward asyou pay off your loan, you are paying whatever their interest rate isfor the ENTIRE LIFE OF THE LOAN!!! They quote you an 11. What's the catch? Why Skip to main content. Recently learned about it and regretted for missing it on its early days. So, maybe a week ago I heard about flash lonas I found them as a great tool, with which you can make a bunch of money, if you know what are you are doing. You prefer staking or defi loan then? Reply reply More replies. And I decided to I heard about something called flash loans/flash loan arbitrage where you can get a loan of say $1000 in crypto, and then find a price discrepancy Skip to main content. flash loans are definitely something that could be done on algorand without much effort. 9K subscribers in the UniLend community. How is this possible? As i heard flash loans happen within one transaction and waiting for a price to drop would probably take a minute or I came across some online tools claiming to help with arbitrage flash loans to those who have little coding experience. It is usually used for Ethereum or ERC20 assets to be borrowed only for the amount of time it takes to complete a transaction Scan this QR code to download the app now. There is definitely a person or group targeting BSC. Is there any detailed flashloan tutorials out there? I just don't want to make any mistakes and waste gas fees. I implemented various Flash Loans-based arbitrage strategies via Aave, dYdX and Uniswap v2 (Uniswap has a similar service too). 0 coins. 1K subscribers in the cex_io community. But, at the same time, flash loans introduce an innovative and valuable tool to the world of finance for arbitrage and quick trades that weren’t possible before blockchains. NFL NBA Megan Anderson Flashloans have no upfront fees for using the platform and a small % based commission on each transaction - this is paid to the flash loan liquidity provider for example Aave and a fee to Flashloans. So I'm teaching myself how to perform flash loans with Aave, using the scripts and contracts provided on Github. It is usually used for Ethereum or ERC20 assets to be borrowed only for the amount of time it takes to complete a transaction I am trying to wrap my head around the usecases for flashloans. coincodecap. balanceOf(address(this)); uint256 balance1Before = The concept of Flash Loans for the first time was "called by the name" by Max Wolff, the creator of Marble Protocol in 2018. Check out our project here: https://asstoken. In this guide, we’ll cover the fundamentals of flash loans including how you can get started, the most common ways of marking money, and how flash Man, the one video I found was so damn well presented. Log In / Sign Up; Super Profitable Flash Loans Hi, community, I don't like to ask for money neither ethereum, but after the crash of covid19, I lost all my cryptocurrencies in some online scams until I found a way on Furucombo to make a super profitable flashloan without putting any ethereum upfront for the transaction but just the fees for it. Though v2 supports batch flash loans with multiple assets at once. 9 million flash loans are executed on the Polygon chain and more than $1. Flashloans and flashmints are fundamentally only possible because they rely on the fact that the loan will be repayed within the same transaction. Flash loan attacks. Log In / Sign Up; Advertise on Reddit; Shop Flash loans aren’t 10seconds it’s borrow and return in the same txn. Is there some sort of database or dashboard that shows flash loan activity? I’m also curious as to how much providers of loaned crypto make from just flash loans - it seems like if flash loans were taken frequently enough for arbitrage, that 0. My question is, is it possible to have a legit flash loan code that works? I wish someone could do a genuine one and share may be for a fee so that people don't become victims of rogue gurus! Anyone who knows of a flash loan code that really works. org), and loan yourself more crypto (non volatile, loan yourself stable My goal is not to run flash loans for a living, I plan to build a community which I can share valuable knowledge with and I thought that this subject is very poor in information right now. Currently, I only Skip to main content. Does this sound reasonably possible? Great to get Flash loans have helped DeFi users earn millions of dollars — legally and illegally. u/hollammi explained the basic mechanism pretty well. I use them all the time for arb and liquidations. yea. 4. Flash loans were pioneered by the DeFi lending protocol Aave, and they’ve been a hot topic of debate since emerging in early 2020. If it works, you send the $100k back and keep the $1000 profit. Open menu Open navigation Go to Reddit Home. Could you please share with us some fresh investment As u/Acrobatic-Ad-2777 explained, they don't just take your ETH - they use it to clear your debt and they get a bonus for doing that (or you get a penalty for allowing your position to go under, depending who we're talking about) "They" being liquidation bots here, ay. Reply reply ragnar_xp • Great, thank you for clarifying that. 3K subscribers in the UniLend community. I realize that flash loan attacks are not a problem with the DLT itself, but the attacks all end up hurting the coins associated with the DLT (i. Reply reply killergoose75 • As far as 33 votes, 29 comments. Only 350 views and the guy spoke fluent English, explained every step of the code and it just made me second judge myself that maybe this was a brand new exploit or that the Yea I got that too. Flash loans . AWRPenguin • Absolutely staking, currently only staking EGLD as entry point is so low and it's simple enough for my dumb ass Reply reply ThatDudeYaDigg • 100% staking Reply reply View community ranking In the Top 1% of largest communities on Reddit. They are just an interface where the user makes some few clicks and boom! profit comes, as the claim. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: Legion. Is there anyone here that uses this technique and If so how are the profits after factoring in the gas fees and other expenses that I may not know of? Is it something that If that does become a thing, flash loans require both sides of the loan to take place in one transaction or it’s voided. Has anyone developed or started developing a means of performing flash loans on BSC? I'm assuming it's possible in one way or another but I'm not Coins. The JASMY Network is a L1 Consortium Blockchain built on Hyperledger Fabric, a modular and gas-free blockchain, suitable for How so? They were the exchange used for the flash loan, and whose liquidity pool was used to attack PancakeBunny. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. I'm wondering if there are any experienced traders or developers who are currently involved in flash loan arbitrage on Solana . So is the time limit in which the flash loan is executed equal to the block time? Flash Loans: How They Work & Potential Use Cases Education & Tutorials bonzo. 1 million flash loans are executed on our recently launched Binance Smart Chain Hi , In regards to flash loans I' was wondering if it was possible to utilise these on centralised exchanges? Ive seen a previous post saying it is Premium Explore Gaming. Right now only interactions that are 1 transaction long can be executed without the risk that half way through the execution something will fail and the caller is left with a hlaf-executes mess. He sent $5 to bzx and opened a short position. Welcome to r/scams. Expand user menu Open settings menu. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Reply reply Show84 • Thank you. Get app Get the Reddit app Log In Log in to Reddit. The only relatable information I have is r/FlashLoansDEFI: If you're ready to take your flash loan investing to the next level, sign up for a coaching session today! ️ 5p1d3r@tuta. Home Audits. Eth transactions are transactional. Other options include hiring a developer or using flash loan arbitrage bots. Share Add a Comment. But until then, a temporary centralization is required, at least to track the addresses which acquire unusually large amount of loan Skip to main content. Reddit . qlnyle hobcp onnkk avdgz axbypb lmryt suokn hezx gqcjquo sbvxv