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Flash Loans

Introduction

Flash Loans are special loans that allow the borrowing of an asset, as long as the borrowed amount (and a fee) is returned before the end of the transaction.
Flash Loans are an advanced concept aimed at developers. You must have a good understanding of Ethereum, programming, and smart contracts to take advantage of them.

Flash Loans in Mean Finance

Mean Finance pairs have the ability to support flash loans. Users can borrow the entire pair's balance, including both tokens in the pair. This means that if you interact with a DAI/WETH pool, you will be able to borrow both DAI and WETH. However, if you are interested in borrowing DAI, you could interact with any pair that contains DAI as one of their assets.
The first step towards interacting with a pair, is finding its address. To do so, check out our guide.
Once you have the pair's address, you can either check the available reserves, or execute the flash loan directly.
Last modified 4mo ago