Defi is fully decentralized finance without a middleman meaning you be always in full control of your assets. The transaction are permission less, transparent.
What my goal is to fill in the knowledge gaps i may have of Defi After the 101 cource.
1 Like
De-fi in my opinion is refering to a sector which is Called decentralized finance. decentralized, because there is no middle man, mostly you connect with your own wallet, ledger that has certain blockchain adress by which you are identified. You can perform certain task on de-fi like in traditional finance, but with way to greater return (yiedfarming,staking,liquidity providing etc.)
My goals are to help other people, be financially independent, freedom(be free) have 100% ownership over all of my digital assets crypto, other tokenized stuff etc. My earliest goal will be to work remotely and blockchain,de-fi and web3 in general make so much sence to me and due to that I would like to know how to move around, read data from the blockchain, be able to secure my digital identity in the future and potentionaly work in the blockchain so Iam here to learn how to program plus get some more knowledge and exercise some info that I already know.
Hopefully in the future after having some understading Iāll be able to implement blockchain, tokenization atd into real world problems, help someone, connect people as well as build something of my own (project or a bussiness).
-
A way for everyone to get access to financial services, which today is reserved for more privileged people. Also a way to cut out big institutions and trust each other instead.
-
To make sure I donāt have any gaps in my fundamental understanding.
1 I think that Decentralized Finance is cutting out the middle man for what ever you looking to do in the space. Lending & Swapping Dapps for example are dictated by code not by a centralized authority.
2 My goals for the course is to close the gap on what else I need to learn about DeFi. For example any protocols that i havent heard from different Layer 1 ecosystems. Though I would like to learn to use the knowledge of DeFi to make life changing money.
-
Share your thoughts on what DeFi is in this topic.
Defi is a open source of different alternative version of every financial services. Borrow/lending, savings, trading and insurance.
-Compound (Borrow/Lending)
-Uniswap DEX
-MakerDAO ( Stable Coin )
-Augur ( Predictive Market) -
Write down your goals of what you want to get out of this course.
To have the knowledge and skills set to teach people, how Defi can give them financial freedom, program money and control over their assets.
1 Like
- Share your thoughts on what DeFi is in this topic.
DeFi to me means having independence from the current Centralized Financial system. This will give common people the advantage to control their financial destiny. Decentralized Finance is the future of Finance where protocols will be set using specific token technologies. Where services like insurance, Lending, banking etc will be done through these platforms.
- Share your thoughts on what DeFi is in this topic.
DeFi (or ādecentralized financeā) is an umbrella term for financial services on public blockchains, primarily Ethereum.
DeFi is global, peer-to-peer which means directly between two people, not routed through a centralized system, pseudonymous, and open to all.
With DeFi, you can do most of the things that banks support ā earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more ā but itās faster and doesnāt require paperwork or a third party.
- Write down your goals of what you want to get out of this course.
I would like to change my career and having always known about Bitcoin when it first came out 2015/2017and being directly involved in crypto since 2020. Iāve always believed in the technology and underlying fundamentals and donāt agree with todays outdated legacy financial system and want to establish some sort of career in Defi and I figured this is a good place to start.
1 Like
-
Share your thoughts on what DeFi is in this topic.
Defi is peer to peer blockchain based finance without a central authority. -
Write down your goals of what you want to get out of this course.
Understand what DeFi all is about.
How it applies to my learning of BTC and the Lightning network.
Filling in the gaps in knowledge as well as learning what I donāt know enough to ask about.
1 Like
1- DeFi is the way to opt-out of the central control of the governments and banks.
2- I wanna understand better the way the DeFi works, and how itās useful for future monetary system
1 Like
DeFi, It think is financial system, where is no central authority witch control everything, rather people who participate makes it work and keep in check evertyhing useing blockchain technology.
I want to land a job, si I see this is important topick to understand to bring value to someone or something.
1 Like
Defi, I see it as financial tools like landing, borrowing, trading or earning interest taking out from the centralized hands or powers and being open to anyone regardless of geography, wealth or status. Putting trust on code and mathematics with low transaction fees. love it.
-
DeFi, uses emerging technology to remove third parties and centralized institutions from financial transactions.
The components of DeFi are stablecoins, software, and hardware that enables the development of applications -
My goals are to learn and gain a better understanding of this environment. It is always evolving and i know it will become a more common way in mainstream so I want to learn and understand it which will help me not fear the unknown.
1 Like
-
DeFi very simply allows us to manage assets without a centralised authority.
-
My goals for this course are to increase my knowledge of DeFi in order to more actively participate within the space.
1 Like
-
DeFi is Decentralized Finance. It takes advantage of the Smart Contract capabilities of the Ethereum Blockchain. It is designed to remove the middleman (banks and loan institutions) from everyday finance. With DeFi, you can make collateralized loans, borrow crypto and earn attractive interest like with a traditional bankās CD. These are just the beginning of the possibilities DeFi brings to the table.
-
I hope to catch any information I have not yet discovered about DeFi.
1. Share your thoughts on what DeFi is in this topic.
DeFi is the decentralization of financial services through blockchain technologies, that means that banks no longer hold a monopoly in the financial field.
2. Write down your goals of what you want to get out of this course.
I just want to have a bigger understanding of the DeFi field before I start participating in it.
- Share your thoughts on what DeFi is in this topic. DeFi stands for decentralised finance, there is no need of a middle man such as banks, brokers like in tradfi, it is a transparent, 24/7 available, public and permissionless+ trustless environment in which I can use financial services like lending / borrowing, earning interests, yield, farming through the protocols (i.e. Aave, Uniswap, ā¦)
- Write down your goals of what you want to get out of this course. To fully grasp and understand it to become a financial (crypto) sovereign, my own bank. After the course I want to be able to create my own financial infrastructure including gains (passive income)ā¦
- My Thought on Decentralized Finance is a framework enabling money transactions without any central authority but with safety features as good as a regular monetary system
- I want to be a Blockchain Programmer and DeFi is a key part of understanding blockchan
1). My current understanding of DeFi (decentralized finance) is a protocol ( including smart contracts) that can be run on different DeFi networks (blockchains) to revolutionize the finance ecosystem and monetize real world assets, all done outside the centralize banking system. To be your own bank; per say.
2). What I would like to get out this course is a number of thingsā¦ to get a true understanding of the workings (programming) to build and create my own token/coin, NFT, monetize, maybe possibly a new network, to build businesses and to help others to understand the working of this new tech/asset.