Flash loan technology is a new DeFi feature that provides amazing tools for traders., However, it can currently only be accessed by users with experience with Solidity programming and the ability to code their own flash loan-backed trade., This means anyone with a keen eye for Flash loan backed trades can not currently access one of Defis greatest features.
Flashloans.com plans to open these opportunities to everybody with an easy-to-use tooI called Flashloans.com.
To create a smart contract and carry out a Flash loan, the user will need to have a flash loan backed trade opportunity in mind.
This can bedone prior to visiting the Flash Loans site or opportunities can be researched using the DeFi analytics tool featured on the website.
The site will then offer a selection of flash loan processes to select from to begin building a Flash loan-backed trade. This includes a list of liquidity suppliers, exchanges and DeFi lending sites (in order to self-liquidate a loan position). Once this has been selected, users can then select from a list of tokens that they wish to trade between.