A new DeFi tool that allows users to create and perform a Flash loan backed trade from an easy to use UI.
Introduction:
DeFi is a new form of finance and one which is growing at an incredible rate! It is completely decentralized and based on the Blockchain. There are a number of ways that one can make money in the DeFi field, it is vast with opportunity, one of these opportunities which stands out is a Flash loan-backed trade.
This may be an unfamiliar concept to newcomers, so let us explain. Flash loans are a new uncollateralixed loan product in DeFi. They empower traders and DeFi users by enabling instant borrowing with no collateral required provided that the liquidity is returned to the pool within one transaction block. They occur in an instant because the funds are both borrowed and returned within seconds — in the space of one transaction. … In a nutshell, flash loans are: Unsecured — Instead of providing collateral, the borrower immediately repays the loan.
There are a number of use-cases, including arbitrage, collateral swapping, self-liquidation, and many more. Flashloans are an amazing opportunity for traders to make money, but they can currently only be accessed by users with experience with Solidity programming and the ability to code their own flash loan-backed trade. Therefore many people are missing out. Flashloans.com plans to open these opportunities to everybody with an easy-to-use tool called Flashloans.com.
This concept excites us greatly because simplifying this process and bringing it to the masses will draw huge numbers of people into this product. We anticipate this project will grow at a rapid rate.
Today we will highlight three Flashloan.com features that we think are noteworthy!
1) Platform Integrations:
The Flashloans.com platform will be launching with the following partners allowing trades to be carried out seamlessly on the Flashloans.com platform through the easy to use UI.
One of the key barriers to the majority of people being able to utilize and profit from flash loans is the technical difficulty. Through the integration of all of these platforms, less technically able users will be able to access these platforms and take advantage of opportunities they can find in an effortless, efficient and most importantly, quick way. Here you have some of the biggest platforms and thus the biggest opportunities. The Flashloans.com app allows users to take advantage of the opportunities they find, on the biggest platforms, in the easiest and fastest way possible.
2. The $FLASH Token:
One thing that jumped out about this project was the genuine use and need for their $FLASH token. Here are the many benefits and uses of this token:
TOKEN USER BENEFITS:
▪️ LIQUIDITY MINING Flashloans.com users can collect Flash tokens simply by using the platform; each trade carried out on the platform will increase the number of Flash tokens awarded.
▪️ ACCESS FLASH token ownership gives access to advanced analytics, lower fees and Defi exclusive opportunities.
▪️ OWNERSHIP By staking FLASH tokens or providing liquidity, users can receive FLASH token rewards.
▪️ FEE SHARING Flashloans.com will be launching their Flashloan building tool with no fees for their users. This is designed to open up the platform to as many users as possible — Flashloans.com will start charging fees in Q4 2021, creating new revenue sources for FLASH token holders.
TOKEN HOLDER BENEFITS: Flash token holders will receive the following benefits on the Flashloans.com platform: `
▪️ A percentage of all fees collected from platform fees on Flashloans.com.
▪️ Reduced platform fees up to (in some cases free) based on the number of Flash tokens you are holding
▪️ Access to the Flashloans.com Defi Statistics page — various memberships available based on the number of Flash tokens you have staked
As you can see, there is a serious benefit to using and holding the Flashloan.com native token because users will earn these lucrative rewards and excellent benefits!
3. The detailed Roadmap:
We are blown away by the vision and aims of this project. The roadmap is exciting, well thought out and all milestones are well thought through. Their aims are systematically progressing across all aspects needed to become the premier Defi platform. One area that excites us greatly is Flashbots.com, the idea of trading bots making us money via flash loans while we sleep excites us greatly!
Conclusion:
This project is an easy one to become excited about and to hype up. Their main products and their token will generate the users and owners with great profit and therefore this project is bound for success. Go and read more about FlashLoans.com and follow their updates here:
Website: https://flashloans.com/
Telegram: https://t.me/joinchat/HCAFABqRGjY77vIdI2nV9g
Twitter: https://twitter.com/ComFlashloans
Medium: https://flashloans.medium.com/
Linkedin: https://www.linkedin.com/company/flashloans-com/?viewAsMember=true
Facebook: https://www.facebook.com/Flashloanscom-101125065197937
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