🚰Liquidation & Flash Loans

Can I participate in the liquidations ecosystem?

Processing liquidations are open to anyone, but competition among liquidators can be intense. To gain an advantage, they often create their own strategies and tools such as bots to quickly liquidate loans and earn the bonus, requiring a strong understanding of the process and development skills

What is a Flash Loan?

A Flash Loan offers the opportunity to obtain any quantity of assets without providing collateral, as long as the protocol's liquidity is reinstated within a solitary block transaction. The execution of a Flash Loan requires the formulation of a contract that initiates the loan request. The contract must then execute the prescribed procedures and repay the loan, along with all associated interest and fees, in a single contract transaction.

Can anyone do a flash loan?

Flash Loans are technically accessible to all, however they are specifically tailored towards individuals possessing prior knowledge and technical proficiency, specifically in the realm of coding and smart contract development. Thus, only those possessing an adequate level of understanding in these areas are capable of successfully participating in a Flash Loan