SakuraSmile
Thu Dec 19 2024
|
7 answers
1226
What is flash cash loan?
Flash cash loan, also known as flash loan, is a unique lending method in the decentralized finance (DeFi) space. It allows borrowers to take out a loan and repay it within the same transaction, typically using smart contracts on a blockchain platform. This type of loan is unsecured and must be repaid with interest in a very short period, often within seconds. Flash loans have been used in arbitrage, liquidity provision, and other financial strategies in the crypto market.
