What is a flash loan exploit?

A flash loan exploit is when the price of borrowed funds are manipulated on one exchange and sold on another. It makes use of bugs in the smart contracts.

Do flash loans still work?

Yes, flash loans work and anyone can access it through programming a smart contract or by using a user interface for flash loan smart contracts.

Do you need collateral for a flash loan?

Unlike other loans on the DeFi market, the borrower doesn’t need to deposit collateral to access flash loans.

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