What is a DeFi Flash Loan and its Uniqueness
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What is a DeFi Flash Loan and its Uniqueness
What is a DeFi Flash Loan? Flash loans have emerged as a novel and exciting financial innovation within the realm of decentralized finance (DeFi) protocols, particularly on blockchain networks like Ethereum. Unlike traditional loans that require collateral, flash loans offer a unique and uncollateralized borrowing experience for traders. This means that users can access substantial…
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What Are DeFi Protocols Used For?
The explosive growth of decentralized finance (DeFi) has ushered in a revolution in the financial landscape, introducing a diverse range of innovative products and services. Consequently, individuals now have unparalleled access to financial services and products, bypassing the need for intermediaries like banks or traditional financial institutions. DeFi has been instrumental in democratizing finance by…