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Flash
Supply liquidity to earn rewards from unique permissioned flash loans.
VCRED’s Flash Feature Smart Contracts are not a fork of any existing projects using flashloans contract code and are built on an original code base. Our bots harness price inefficiencies across DEX'es using liquidity for one transaction via permissioned flash loans to generate rewards for liquidity providers.

Flash Loans

Flash Loans was an exciting new concept which was introduced back in early 2020. Flash Loans enable users to access liquidity for a single transaction with a minimal fee including gas. Use cases for flash loans are arbitrage, liquidation and collateral swap, but spotting manual opportunities are hard for retail users.

Permissioned Flash Loans

VCRED’s permissioned flash loan is a new innovation in DeFi, enabling liquidity providers to execute strategies in the background preventing bad actors from using the liquidity to attack other protocols. Once a perfect arbitrage opportunity is discovered, our arbitrage bots borrow liquidity for a single transaction through permissioned flash loans to generate rewards, failed transaction results in just gas fees. Liquidity providers including retail users can access flash feature, take advantage of variable rate and maximize rewards optimized by low gas fees in Avalanche.

Variable Rate Fee

Normally protocols adopt a fixed rate fee model for developers to access flashloans. Incorporating variable fee rate and building on top of this requires a new code base, different from the existing protocols. Instead of feeless flashloans making it a race to the bottom, maximizing liquidity provider rewards with variable rates on assets optimizes usability. By combining the variable fee rate and arbitrage executor to perform within one block, we are able to abstract complexity of a flashloan arbitrage, and provide a smooth UX instead of a complex developer focused interface, and share the rewards of this process with liquidity providers.

Flash Process Flow

With our simplified UI, liquidity providers can easily deposit any whitelisted tokens with minimal gas fees. Our arb bots constantly scan the DEX’es across the AVAX ecosystem for price inefficiencies. At optimum moment, bots borrow liquidity available in a single transaction through permissioned flash loans to execute the trade for profit. Failed transaction results in just gas fees. Rewards are distributed in stablecoins at intervals. VCRED’s unique contract architecture allows liquidity providers to save gas fees by withdrawing their liquidity & rewards within a single transaction.
Flash Feature is an enterprise offering to projects to earn rewards in stablecoin on their deposit. Feature is customisable to provide bespoke product to each project’s needs.
Projects interested in developing a bespoke flash solution for their token can reach out to us through [email protected]
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Outline
Flash Loans
Permissioned Flash Loans
Variable Rate Fee
Flash Process Flow