Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Robust Crypto on July 05, 2020, 12:11:59 AM



Title: How do flash loans work?
Post by: Robust Crypto on July 05, 2020, 12:11:59 AM
Hey

I've been looking at flash loans and have a question regarding one of flash loans that does some trades/

Here's the screenshot https://i.imgur.com/3axOgdE.png

I want to know what the guy actually does and how much profit he made. How can we calculate it?

Is the profit shown at the bottom ($161.18) or is that just an interest payout to lenders?



Title: Re: How do flash loans work?
Post by: tabas on July 05, 2020, 09:44:56 AM
I think it's likely the profit since the other transactions are high which is unlikely from an individual. So, the amount of $161 is the possible profit or return of the lender.
Check the interest rates through this graph. https://defirate.com/lend/
And calculate how much you have put in it.


Title: Re: How do flash loans work?
Post by: CucakRowo on July 05, 2020, 05:10:28 PM
To OP.
Is that on same day or different day?. With such a large loan, most likely, the borrower is a trader (based on one of compound v2 and Aave policy that borrower must connect to their coinbase account) . May I know where you got this transaction from? is it from site or how?