Benefits / Risks of Flash Slurping
Markets with "infinite" liquidity ?
Thanks to flash slurping people can theoretically borrow any amount of tokens without having the required collateral to farm other platforms such as pancakeswap, sushiswap or uniswap. This allows these dex to be extremely more liquid by offering a price with minimal slippage. Flash slurping will democratize decentralized platforms so that large institutions can come and invest in their favorite project without doing so through OTC.
Other benefits linked to flash slurping is the fact that SLURP takes advantage of the farming programs of other projects to create intrinsic value. Indeed the flash slurping commissions will be used to buy slurp and burn it.
How to flash slurp/risks
As for the risks, it all depends on your strategy. You can do flash slurping without collateral and therefore without any risk and initial amount, but this requires extensive experience in farming markets and smart contracts as well as a minimum of computer / solidity knowledge.
If you prefer flash slurping with collateral, be aware that you can lose your collateral if the total loss of your farming assets exceed your collateral. However, you will never lose more than the collateral. For now you can flash slurp with collateral as long as the total amount borrowed is no more than 10 times your collateral.
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