Author

Topic: How do flash loans work? (Read 47 times)

hero member
Activity: 994
Merit: 593
aka JAGEND.
July 05, 2020, 12:10:28 PM
#3
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?

hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
July 05, 2020, 04:44:56 AM
#2
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.
jr. member
Activity: 100
Merit: 1
July 04, 2020, 07:11:59 PM
#1
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

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?

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