Trade Crypto with Flash Loans (DEFI Explained)
DeFi has a lot more to offer than just moving legacy financial services onto blockchain rails. It’s a whole new realm of technology that allows finance to operate in ways that just aren’t possible outside of the digital world. For example, a flash loan is an entirely new type of financial instrument that allows people to borrow millions of dollars without any credit or collateral. When was the last time you heard about a bank doing something like that?
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0:00 Intro
1:05 How flash loans work
2:05 When to use
3:28 The history of flash loans
4:27 New applications
5:10 The risks
6:02 Resolution
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
