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by rodiger
1687 days ago
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Flash loans are incredibly powerful and allow those without capital to take advantage of arb opportunities. I don't believe it is a given that they do more harm than good at a philosophical level. Not to mention, this exploit still exists without flashloans (however, anyone with $500,000,000 in crypto has likely KYC'd somewhere, so the risk profile is different). The solution is better coding practices, and plenty of platforms have protections against this. |
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