Flash loans are a type of uncollateralized loan that must be borrowed and repaid within a single transaction. They are a powerful DeFi tool, enabling users to access large amounts of liquidity for a very short period of time, typically for purposes such as arbitrage, collateral swaps, or refinancing.

Key Features:

• Supports both BCH and token flash loans.
• Enforces a 0.09% fee on the borrowed amount.
• Repayment within the same transaction.
• Withdrawal mechanism for the contract owner.

For more details, see the FlashLoan.cash contract in this repository.

• Atomicity: The key property of flash loans is atomicity. The entire loan process i.e borrowing, using, and repaying the funds must occur within one transaction.
• No Collateral Needed: Unlike traditional loans, flash loans do not require the borrower to provide collateral, since the risk to the lender is mitigated by the atomic nature of the transaction.
• Use Cases: Flash loans are commonly used for arbitrage opportunities, self-liquidation, collateral swaps, and other advanced financial operations that benefit from instant, temporary liquidity.