Course Overview - Assignment

DeFi 101 Course 2021
#122

Share your thoughts on what Defi is in this topic.

  • Defi stands for decentralized finance, so I’m thinking Defi is a financial service or app without any intermediary or middlemen such as banks or institutions. It’s like a direct peers to peers transaction but automated with codes in a decentralized blockchain environment.

Write down your goals of what you want to get out of this course.

  1. To have a very good understanding of Defi concepts and fundamentals
  2. To be able to use the Defi instruments with confidence
  3. Maybe have a career in the crypto-space such as Defi
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#123

  1. Share your thoughts on what DeFi is in this topic.
    DeFi to me is finance without all the controlling intermediaries and middle men that are the gate keepers of central finance. DeFi, hopefully will present more options for transparency as well as a more peer to peer trustless environment.

  2. Write down your goals of what you want to get out of this course.
    What I wish to get out of this course is the opportunity to delve deeper and use a lot of different platforms that hold great interest, but I’ve been unable to navigate by myself, and increase my knowledge regarding the space.

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#124
  1. thoughts about DeFI :taco:
    how Finance can be decentraliized by reducing the middleman through smart contracts to allow borderless finance, lending and borrowing, global trading without central system, manage own vaults, etc
  2. my goals want to get out of the course:
    find a niche that would benefit from DeFi, such as supply chain; improve remittances or improve credit union services to boost microloans in emergent markets.
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#125

1. Share your thoughts on what DeFi is in this topic.
DeFi is a financial system where instead of trusting a central authority (bank, company, insurance company etc), we trust a transparent code that has been made and tweaked to be as strong as possible (tending to be trustless). This means no possibility of censorship. DeFi is also an opportunity for those who cannot have a bank account to access to the financial market just through their phone and an internet connection.
2. Write down your goals of what you want to get out of this course.

  • I want to understand where DeFi is at now and how to stay updated

  • I want to make money with it so that I can spend more time on that topic and hopefully help improve it and spread it around me

  • I want to create my own protocol with a friend and therefore it’s important to see where we’re at now in terms of DeFi, what’s possible and build on that to optimize what we can offer.

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#126

Share your thoughts on what DeFi is in this topic.

Decentralized Finance is a category of blockchain based dapps that broadly mimic the role played by traditional financial institutions (e.g. borrowing, lending, derivatives, options, margin trading, currency exchange).

Write down your goals of what you want to get out of this course.

Holistic overview of Defi. Tidy up any misconceptions.

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#127

  1. Share your thoughts on what DeFi is in this topic.
    Finance has a broad meaning, but at it’s simplest it’s about accesing capital or putting assets to work ( assets and liabilities). Historical the ability to facilitate and profit from these transactions is centralised to institutions that are licensed to do so. Defi allows the same or even broader financial transactions to occur without the need for the institutions and middle men.

  2. Write down your goals of what you want to get out of this course.

I want to be able to clear define defi, see more clearly how to achieve defi versions of traditional finance and explore trust and protection in defi. Ultimately I want to shift from traditional finance into defi as a career and see the massive good it could do, if done responsibly

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#128

1. Share your thoughts on what DeFi is in this topic.

DeFi, in my opinion, is a system that allows people to do anything they want with their money without involving centralized organizations such as banks, or third parties, regardless of their geographic locations, status, gender, etc.

2. Write down your goals of what you want to get out of this course

  1. Acquire a structured understanding of Defi as a whole.
  2. In-depth knowledge of concepts such as staking, yield farming, and flash loans
  3. Would you like to become a part of this system.
2 Likes
#129

  1. Share your thoughts on what DeFi is in this topic.
    a. decentralized finance
    b. reduction of fees
    c. maybe limits insider trading
    d. open to anyone with a cell phone and a internet connection

  2. Write down your goals of what you want to get out of this course.
    a. gain a better understanding of DeFi
    b. perhaps even vest some funds in Defi (big perhaps!)

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#130

Defi is the concept of transacting, lending, and borrowing money without the need for a third entity.

I specifically hope to learn more of the differences between the different defi platforms (maker vs. compound vs. aave).

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#131
  1. i fully believe defi is the answer and solution to the absolute garbage that is traditional finance where you dont even have complete control over the money you earn.
  2. I know a decent amount of defi already, but i would like to fill in the gaps in my knowledge
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#132

I think De-Fi in its simplest form is the ability to make transactions without a central figure or authority. Meaning less or no fees & instant transactions. Instead of a Bank or authority facilitating a transaction, digital agreements in the form of a Smart Contract facilitate the transaction, meaning transparency.

My goal is to expand my understanding of De-Fi and the blockchain as a whole.

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#133

  1. DeFi is decentralized finance, it means mostly permisionless protocols built on blockchain such as Ethereum, Solana, Avalanche, Kadena, etc… and governed by native token of those protocols.

  2. My goals is to get certificate and polish my knowledges in DeFi to become expert and get more profits from it.

2 Likes
#134

  1. Defi stand for decentralized finance. In my eyes this is financial systems that do not relay on institutions holding you money and using it for there business reasons. It’s getting to the point as being viewed as a currency and regulation is needed but may hurt people in the process. Right now it’s more ideology in eyes of most governments but seems to be changing. Using nodes to verify transactions and ownership. Being able to move funds with a somewhat layer of anonymity.

I am hoping to learn more, errors project made. Wgat is missing and what is done good. I am pretty well-versed but far from an expert. Also since I starting a community its that focuses on safety and education to help people not be scammed. I am looking to grow it within the next year into a community-focused nft/game project with more ideas to make it a better project and hopefully better space.

2 Likes
#135
  1. Share your thoughts on what DeFi is in this topic.
    DeFi is a decentralized finance that uses a trustless community by utilizing blockchain technology with a verification process of nodes and miners.
  2. Write down your goals of what you want to get out of this course.
    A more in depth understanding of DeFi technology and how it is used.
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#136
  1. Share your thoughts on what DeFi is in this topic.
    DeFi is decentralized finance and has the advantage of not needing and eliminating the monopoly of the current financial system.
  2. Write down your goals of what you want to get out of this course.
    I want a more in depth understanding of the topic which I can use in future projects.
2 Likes
#137

  1. DeFi is the set of financial products (saving, borrowing, derivatives) built on top of a tech stack that allows those products to exist:

    • without the need for a bank or a company
    • with minimal barrier of entry (in terms of credentials, credit-worthiness or permanent address)
    • with transparent and permanent rules (visible in the code of smart contracts, immutable by default)
    • with a relative resilience to government interference

  2. My goal with this course is to refresh and update what I learned during the first two courses Defi 101 and Defi 201

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#138

  1. Defi means Decentralized Finance, no middleman, blockchain connects people instead of the bank serving as a middleman and taking the percentage for their services, usually bank takes time to connect people and process the transaction, while de-fi is very instantaneous, like right away, i have heard people got transaction approves in few minutes while bank takes few days for transaction to go thru. to use De-Fi there are protocols or rules to follow.

  2. I want to gain de-fi knowledge and fins out how I can get a long term loan, like for housing and business like for 15 years mortgage or 20 years or 25 years. how that can be achievable in De-Fi

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#139
  1. DeFi or decentralized finance is a way of getting ownership of your own finances without the need of using a middle man. Not having to depend on a centralized bank that can decide to block your funds at any moment.
  2. I think my goals are to understand how DeFi works and how I can use it and understand the fundamentals of it. For example I want to be able to make knowledge based decisions on what to invest in rather then depending on other peoples opinions on what is a good investment strategy and portfolio.
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#140

  1. DeFi stands for Decentralized Finance. Its a trustless system of varifying transparent transaction without a middle man.

  2. I am studying this to learn to become a BlockChain Developer.

2 Likes
#141

  1. Share your thoughts on what DeFi is in this topic.
    Defi stands for decentralized finance and is a financial infrastructure that exists on a blockchain network. It allows for multiple protocols to be used as services while removing the need for a 3rd party entity while maintaining a verifiable and trustless system.

  2. Write down your goals of what you want to get out of this course.
    I’m studying to become a blockchain developer and hope this course helps further my understanding of defi.

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