Docs of BitLen
  • INTRODUCTION
  • LENDING
    • How Deposit Works
    • Lending APR
  • Assets List
    • Bitcoin Layer2
      • on Core
      • on B² Network
      • on Bitlayer
  • Borrowing
    • Borrow Cap
    • Borrowing BTC
    • Health Factor
    • Minimal Liquidation
    • Debt ceiling
    • Oracle
    • Flash Borrow(Soon)
  • OFFICIAL LINK
    • Social Media
    • Media Kit
  • Security
    • Audit
  • DEVELOPER(Coming soon)
    • Developer Docs
  • Terms of Use
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  1. Borrowing

Flash Borrow(Soon)

Flash borrowing is an enhanced, more flexible variant of the flash loan mechanism. Instead of the traditional requirement to post collateral upfront to maintain a healthy borrowing position, users are able to:

  1. Take out a loan in tokens,

  2. Employ those tokens for various operations within supported protocols,

  3. Then provide collateral to secure the health of the borrowing position,

and all these steps are executed within a single transaction. This process enables users to borrow asset A to engage with supported protocols and then use asset B as collateral, thereby optimizing composability.

As a result, this streamlines the process of creating and adjusting positions, reduces the complexity of transactional loops, and cuts down on gas expenses.

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Last updated 1 year ago