What is a Flash Loan? What is Aave? Flash Loans Explained In Simple Plain Language

#aave #flashloan #aavecoin #defi #crypto

In this video I explain flash loans in the simplest way possible. Flash loans can be quite complicated to explain to someone with no blockchain or defi experience.
Flash loans are loans you can get for a short period of time (seconds) from decentralized lending protocols like Aave that you have to repay back to Aave in the same transaction you borrowed.
There is no real world example of flash loans because flash loans are executed through smart contracts on a decentralized network like Ethereum.

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Disclaimer: Crypto assets are high risk assets. Nothing said in this video is financial advice. I am not financial advisor, please always do your own research before investing into any crypto project.

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