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Yuzu
@Yuzu_Market
Welcome to Yuzu, a simple, sustainable, and versatile money market exclusive to Horizen. https://t.co/TDsj5eAxls
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Jan 2, 2024
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10 tweets
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2 min read
Flash loans have left many impressions in de-fi with many utilizing its functionality, while many others think of it as a bug and not a feature.
But what really are flash loans? A thread. 👇
1/8
A flash loan is an instant loan that is un-collateralized but given out on one condition: that it is repaid within the same transaction block.
It is a world apart from over-collateralized loans which rule DeFi.