What is a Flash Loan?
Flash Loans are a unique capability available only on the blockchain protocol and represent an uncollateralized loan option that has to be returned in the same block transaction.
Flash Loans enable you to borrow instantly and easily any amount, with no collateral needed, but only if that amount is returned to the vault within one transaction block.
If this does not happen, the whole transaction is reversed and undo the actions executed until that point. This guarantees the safety of the funds in the vaults.
Use-cases include arbitrage, collateral swapping, rebalance, liquidation, and many more.
Equalizer is the first dedicated platform that equalizes decentralized markets and is specially designed as a marketplace for flash loans. We aim to explore and innovate this new flash loans market, by building a scalable and multi-chain platform that brings added value to the entire DeFi ecosystem.
For the latest updates and to learn more about our progress, connect with us here:
Website | Medium | Twitter | Telegram | Telegram Announcement