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Cryptocurrency - Flash Loan DeFi Implementation

₹600-1500 INR

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over 3 years ago

₹600-1500 INR

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Read about DeFi (Decentralized Finance). Read about the Aave Protocol: [login to view URL] The aim is to implement and achieve the following procedure. Eg. you have taken debt from the compound protocol at a 15% interest rate. 1. Borrow a flash loan from the Aave protocol 2. Pay your debt on the compound protocol 3. Borrow via any other protocol at a 5% interest rate. 4. Payback your flash loan Hence you have gained 10 % profit in a single transaction, without involving any collateral at all.

Project ID: 26977078

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Active 4 yrs ago

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Hi, Could you please elaborate what actually you want to do. Since Flash Loans need to be implemented on a Single transaction. It would be required to write a solidity to batch all the transactions in one but we need to take care of the GAS fees and 0.09% interest rates on Aave protocol. But first i would like to understand further your steps... Best Regards,

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About the client

Bengaluru, India

4.8

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Member since Jul 16, 2019

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