00:00 How do flash loans work? 02:05 What can you do with flash loans? What are flash loans? If you only have control of funds for one block, what can you do? What options do you have? In this video Andreas gives an explanation of flash loans and walks through some use cases. This question is from the bonus livestream on DeFi, which took place on May 16, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop Related Videos: Bitcoin Q&A: DeFi Explained in Laymans Terms - https://youtu.be/RxrqNmv2tR0 Down the Rabbit Hole: DeFi Attacks - https://youtu.be/BB3y7zaHbV8 Learn more about becoming a Community Builder: https://patreon.com/aantonop  *** Socials, Books, & More ***  Website: https://aantonop.com  Twitter: https://twitter.com/aantonop  Facebook: https://www.facebook.com/AndreasMAntonopoulos Insta: https://www.instagram.com/amantonop/ LinkedIn: https://www.linkedin.com/company/aantonop/ Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8  Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8 Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin) Don't forget to SUBSCRIBE to this YouTube channel and select the bell ? for notifications.  Thanks for watching! Join the aantonop Channel: https://aantonop.io/joinaantonopyt