Attacking the DeFi ecosystem with flash loans for fun and profit

• WETH10

  4 208 0.0 Solidity

  revamped contract

  

Per other responses, they frequently do charge a special fee (I think Aave charged around 0.09% at one point but can't find good ref right now).

One interesting thing I think is still under dev/consideration is adding the ability for MakerDAO to make "flash mint loans"(https://forum.makerdao.com/t/mip25-flash-mint-module/4400/9) -- essentially a flash loan where the caller can mint an arbitrary amount of DAI without having to back it with anything, so long as they pay it back + fee at the end.

There's a similiar idea being worked out for WETH10 (https://github.com/WETH10/WETH10#flash-loans), a project trying to make a feature update of the WETH (wrapped ether) token.

I'm honestly unsure wth the impact of something like these would be, but would definitely prevent arbitrage from going too far out of bounds, since there would always be unlimited liquidity.

Multi-party atomic financial transactions are kinda insane.

• whitepaper

  1 30 0.5

  Discontinued A high-level description of KeeperDAO (by keeperdao)

  

KeeperDAO [1] is one project that's aiming to tackle this. Their whitepaper is here [2].

[1] https://keeperdao.com/

[2] https://github.com/keeperdao/whitepaper/blob/main/whitepaper...

• InfluxDB

  www.influxdata.com featured

  Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.

  

Suggest a related project