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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Tuesday, 06-Jul-2021 02:44:33 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} https://decrypt.co/resources/what-are-flash-loans-the-defi-lending-phenomenon-explained [decrypt co]
Some parts of #DeFi make a little less sense than others. But if someone sees a very short term opportunity (such as the arbitrage situation mentioned in the article) they can borrow, quickly transact, take their profits, and repay the loan. That's "flash loans".