Stuart Hall from BigONE Exchange talks with David Pedrini CEO of FlashLoans and Professor Lisa Short, Founder, Areté Business Performance, about the importance of addressing usability and accessibility in crypto, to help ensure mass adoption.
About Flash Loans
In DeFi, flash loans are a new type of uncollateralized loan. Traders and DeFi users benefit from flash loans since they allow for rapid loans without the need for collateral, as long as the liquidity is remitted to the pool into one transaction block.
If the flash loan trade does not return the full amount of liquidity to the pool, the entire transaction is reverted, thus undoing all previous acts. This ensures that the funds in the reserve pool are safe.
Anyone having a web 3 wallet and a need for Flash loan liquidity can use Flashloans.com to make arbitrage trades, self-liquidate a DeFi loan, or provide a collateral swap for an existing DeFi position, among other operations.
For more information on Flash Loans, visit the website.