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by lazzlazzlazz
2308 days ago
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Flashloans are a kind of loan where you can borrow a potentially large quantity of a digital asset with no collateral for a small fee — as long as the asset is returned by the end of the atomic transaction. It looks like somebody very cleverly used a large flashloan to, essentially, create an arbitrage opportunity by moving the price on a relatively illiquid asset. |
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