Course Overview - Assignment

DeFi 101 Course 2021
#62
  1. Share your thoughts on what DeFi is in this topic.
    Defi stands for “Decentralized Finance” It is a new finance infrastructure achieved thanks to blockchain technology. The Defi protocol is transparent, public, permissionless, trustless, and can be used 24/7. The Defi protocol provides lending, borrowing, farming, liquidity, and others services and lets you invest in obtaining financial rewards.
  2. Write down your goals of what you want to get out of this course.
  • Financial independence
  • Knowledge of the Industry to make an informed investment decision.
  • Be part of this new social-economic revolution where each individual can participate regardless of geographic location.
1 Like
#63

  1. Defi is decentralized finance - a form of transacting, storing, saving, borrowing, lending money which is built upon open-source or decentralized platforms, rather than a central entity such as a specific bank.

  2. I hope to become knowledgable about the current state-of-the-art of Defi and the terminology and principles.

2 Likes
#64

Defi, is a DECENTRALIZED FINANCE where there are no financail intermediaries such exchanges,brokers, and banks.

1 Like
#65

My goal here is to learn about flashloans and be able to make it accessible for non coders

1 Like
#66

DeFi is the democratization of finance and the best way to transfer value using a digital medium.

I want to get knowledge to do my own research and make a plan of my own for how to continue.

1 Like
#67

  • A possibility of really being disruptive to the financial system. To offer really good products so people can not only read about investment and money but actually be actors in this new world of services and products. Through smart contracts - composability - we must conceive a new financial system architecture so everyone is included. Permissionless, transparency, without abusive fees, accessible, democratic… it’s high technologycal innovation to everyone. A fair innovation

  • I really want to learn what is possible to me… i am starting a new role in a new company, working with tokenization and DeFi and i really need to absorb everything that is useful

1 Like
#68

  1. Share your thoughts on what DeFi is in this topic.
    I view defi as the death of the current financial system, return the power to the people and retake control of their destiny. Eliminate the third party mafia and give regular people way to make real money.

  2. Write down your goals of what you want to get out of this course.
    I want to learn more about the concepts of defi, taking a bigger plunge in a subject that i’m passionate about.

1 Like
#69

  1. DeFi, decentralized finance, is peer-to-peer finance services using public blockchains, e.g. ethereum.

  2. My main goal for this course is to become confident in my ability to participate safely in DeFi.

1 Like
#70

  1. DeFi, decentralized finance, where nobody in particular is in charge of making decisions, where there should be consensus to apply new rules, where you own your own money and decide what to do with it.

  2. My goal is to understand it better and be able to maximize the benefits it offers, be able to promote it as freedom from TradFi and have the power to manage your finances.

1 Like
#71

  1. DeFi is short for Decentralized Finance, quite literally a financial “institution” that is not centralized, not governed, not controlled by a single individual or entity. It is open source, anyone can contribute – and is transparent yet private. It is neutral and does not require someone to be anybody to be able to participate or use it.

  2. My knowledge is still very low on DeFi, so I am hoping I can have a solid fundamental understanding about it before learning about how to program with it.

#72

  1. The main reason I feel that humanity needs DeFi is to bank the unbanked. It also creates a truly free financial marketplace, away from central benefactors. This also puts responsibility completely on the end user, which can help in promoting more people will become financially educated, avoiding having to take unnecesary risks and becomming aware of scammers and bad actors in the ecosystem.

  2. My goal for this course is to complement knowledge I have accumulated from using DeFi and add any new bits of knowledge from this new version of the course.

1 Like
#73

1: DeFi is “Decentralized Finance,” meaning that it is not controlled by a singular entity. It is designed to be permissionless, transparent, and community driven. It cuts out the middle man that is more typical in legacy finance systems.

  1. My goals for this course are to have deeper and broader knowledge of DeFi and to apply the tools I learn in this course to gain financial peace and stability for myself and my future family, as well as to potentially work in the DeFi industry.
1 Like
#74
  1. DeFi = decentralized finance. Unlike legacy finance, DeFi does not have any gatekeepers or middle men. This means that no institution can grant or deny access to participation, and there are no intermediaries to facilitate transactions between users. This eliminates a lot of unnecessary infrastructure and human involvement, creating a much more efficient marketplace.
  2. I hope to learn the ins and outs of the the DeFi sphere, including how to safely and effectively earn high yields with crypto.
1 Like
#75

1.) I think of DeFi (Decentralized Finance) as financial systems that are decentralized in that the power of the system is in the hands of many rather than few. It is a setup that is difficult or impossible for one person or a small group of people to control. Thus it allows for more free market principles to be available. It’s also transparent; not a black-box system hidden from the masses.

2.) Goals:

  • to understand the pros/cons of DeFi in general to aid me in investing
  • to understand how to use Metamask
  • to learn how to connect Metamask to testnet
1 Like
#76

1 - DeFi is the name given to the set of financial services and products, such as loans, transfers and payment systems, that run on a blockchain, a kind of decentralized and immutable database.

2 - Better understand of how it works and how to get better profits.

#77

  1. DeFi is taking finance away from the bigwigs and putting it back into the hands of the little guy. Giving accessibility, flow of value and liquidity to everyone that previously would have to go through multiple rounds of KYC, credit checks and whatnot to utilize it.

  2. Become a better marketer for the crypto projects i work in. Learn all i can about crypto.

1 Like
#78
  1. Share your thoughts on what DeFi is in this topic.
    Decentralized Finance. It is a Financial system that do not rely in a central authority to generate trust but in a technology and decentralization
  2. Write down your goals of what you want to get out of this course.
    Learn more about Defi, with the latest news to help to find opportunities
1 Like
#79

  1. DeFi to me is anything that allows you to conduct traditional financial operations (Exchanging assets, Lending, Borrowing, Insurance etc) without KYC (Knowing your Customer). All that is needed is a wallet address and you’re good to go. To do any of this in CeFi would require your chosen platform knowing your name, address, birthday, phone number, ethnicity, familiy etc!

  2. I want to broaden my understanding of DeFi! I’m looking forward to learning more about lending and borrowing!

1 Like
#80

1.) Defi is the greatest thing since sliced bread. A new world of finance is born.
2.) My goal is to learn more about staking and how to convert my paycheck to a alt-coin or stable coin

1 Like
#81

1_ A self custodial system allowing flow of money between people without outside governance

2_ set up my own little paradise