Link token in the Loan Agreement effortlessly

Aug 6th, 2022
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How to Link token in the Loan Agreement

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hey guys whats going on in this video were going to be creating a smart contract that executes a flash loan using the Ave D5 protocol flash loans are a relatively New Concept that have no real equivalent in the traditional Financial World they allow you to borrow as many s as you want without collateral provided that you pay it back as well as a small fee all within the same transaction some common use cases of flash loans include refinancing existing loans at lower rates and Performing Arbitrage Arbitrage is an investment strategy where you find a on one exchange trading at a discount relative to another exchange you buy low and sell high in order to capitalize on the opportunity and make a profit so with flash loan Arbitrage you can basically borrow funds with no collateral in order to buy and sell s on different exchanges pay the loan back and walk away with a nice profit if you dont have enough funds to pay back the loan the entire transaction gets reverted and so theres littl

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Collateral s definition. In cryptocurrency, collateral s are assets that are used to reduce risk when borrowing other types of crypto s. Just like in traditional finance, collateral s are used to mitigate risk for lenders when borrowers obtain crypto loans.
What are loan s? Loan s are non-tradable ERC-20 s which represent the lenders proportional representation in a loan that is issued from the Lending Pool. Each loan issued from the Lending Pool will create a unique loan used to track the present value of each loan.
If youve tried adding a new to your wallet, one thing you will have noticed is the field asking for a Contract Address. This refers to the address location of the actual contract that manages the logic for the s. It does not refer to the address that holds your own personal s!
LINK s are the digital asset used to pay for services on the network.
ChainLink (LINK) ERC20 in Binance Smart Chain Mainnet. is implemented as ERC20 smart contract with address 0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd .
LINK is built on Ethereum in ance with the ERC-20 standard for s. It can be bought and sold for fiat currency or other digital currencies.
LINK is the ERC-20 used to pay for services on the Chainlink oracle network. It essentially powers the architecture of Chainlink itself. Requesting Contract holders use LINK to pay node operators for their work providing the data needed.
ChainLink (BEP-20)s smart contract address is 0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd.

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