Marina Protocol is a global Web 3.0 tutorial platform with learning materials.
It provides beginners with easy-to-use content and advanced interfaces for activities.
Users can take part in Web 3.0 projects and get rewarded for their experiences.
You can download the app from the Google Play Store and create a new account.
To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.
In this guide, you’ll learn the answer to “What is the purpose of a “flash loan” in the context of decentralized finance (DeFi)?” in Marina Protocol.
What is the purpose of a “flash loan” in the context of decentralized finance (DeFi)?
Question: What is the purpose of a “flash loan” in the context of decentralized finance (DeFi)?
Answer: To borrow and repay a loan with a single transaction block.
Further reading
In the context of blockchain, what does “DAO attack” refer to?
What is the purpose of a “hard cap” in the context of an initial coin offering (ICO)?
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