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How to create Flash loans with Aave — Part 1

Naz
Coinmonks
Published in
3 min readSep 13, 2020

What is a flash loan? It is an uncollateralized debt. Woah!? There is no equivalent in the real world. With Aave Protocol’s smart contracts, you can borrow any amount of Ethereum or ERC20 within your smart contract, if you pay it back by the end of the transaction, plus a fee (currently @ 0.09%)

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Naz
Coinmonks

I crave knowledge. Mathematical knowledge and then computer science.