Research corpusCredit and stable valueBLC-STUDY-0184
ERC-3156: Flash Loans
A flash lender sends assets to a receiver and requires that the same transaction returns them, plus a fee. If it does not, the transaction reverts. There is no default in the credit sense, because there is no time.
- Official external source only
- Design paper
- Official source
Record
- Authors
- Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams
- Date
- 2020
- Publisher
- Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams
- Version
- Source cited by the 2020 study. The study is the reading. This page does not add a second essay.
- Document ID
- BLC-STUDY-0184
- DOI
- None recorded
- Last reviewed
- 1 October 2026
- Licence
- No licence recorded. Rights status under review.
No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.
Direct answer
A flash lender sends assets to a receiver and requires that the same transaction returns them, plus a fee. If it does not, the transaction reverts. There is no default in the credit sense, because there is no time.
Where to read
- Official source — EIP-3156
- Blockchain Lab study, the canonical readingOriginal commentary. Not a transcription of the paper.
Metadata and commentary only. The reading is the study page.
Full text
Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.
What changed
A reading of the public document. Not a copy of it, and not a claim about a later network that reused the name.
Relationships
- Canonical readingFlash loans study
- Related paperAave
- Related paperFlash Boys 2.0
Cite this record
These citations point at the source document. They are not a licence to copy it.
Author–date
Cañada, A. C., Kobayashi, F., fubuloubu, & Williams, A. (2020). ERC-3156: Flash Loans. Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams. https://eips.ethereum.org/EIPS/eip-3156
BibTeX
@techreport{flashloans2020,
title = {ERC-3156: Flash Loans},
author = {Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams},
year = {2020},
institution = {Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams},
url = {https://eips.ethereum.org/EIPS/eip-3156},
note = {Rights status: Official external source only. Blockchain Lab record: https://blockchainlab.com/research/corpus/papers/flash-loans}
}RIS
TY - RPRT TI - ERC-3156: Flash Loans AU - Alberto Cuesta Cañada AU - Fiona Kobayashi AU - fubuloubu AU - Austin Williams PY - 2020 PB - Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams UR - https://eips.ethereum.org/EIPS/eip-3156 N1 - Rights status: Official external source only ER -
CSL-JSON
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"title": "ERC-3156: Flash Loans",
"author": [
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"literal": "Alberto Cuesta Cañada"
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]Rights record
- Source status
- Official source
- Use status
- Metadata and commentary only. The reading is the study page.
- Rights
- Official external source only
- Training and retrieval
- Not permitted from this site. There is no rights-cleared full text to retrieve or to train on.
