A loan order that got borrow and repaid in a single EOS transaction called flash loan. So no collateral are required for flash loans. Here are some properties of Flash loans:
No collateral required
Borrow and repay in a single transaction
The borrower needs to return the original borrowed amount and a small amount of fee (0.03% currently)
The transaction needs to be successfully completed, otherwise it will be reverted.
Alert feature will be unlocked when there are over 500 followers, and the followers will be able to receive key updates of significant events occurred such as price drop, volume climb etc.
A loan order that got borrow and repaid in a single EOS transaction called flash loan. So no collateral are required for flash loans. Here are some properties of Flash loans:
No collateral required
Borrow and repay in a single transaction
The borrower needs to return the original borrowed amount and a small amount of fee (0.03% currently)
The transaction needs to be successfully completed, otherwise it will be reverted.