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Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Marc Zeller & Stani Kulechov: Aave β Unlocking Access to Capital With Flash Loans
Description: Aave is building a suite of non-custodial DeFi tools that allow users to earn interest on their deposits and borrow assets. Earlier this year, Aave released its Flash Loans feature, which is drumming up a lot of excitement in the ecosystem. Flash Loans have a number of applications like executing liquidations or refinancing and require no collateral on the part of the borrower. As we have seen since they were introduced, they have also been used by malicious actors to exploit vulnerabilities in some DeFi protocols. Nevertheless, this powerful tool is an important βmoney legoβ component that enables various new...