Great course! I, too, can’t wait for the next level where we can finally put our hands on building a cool DeFi project! In the meanwhile I won’t stop furthering my education!
DeFi 201
We build whole Flash loan program
This is why I am taking this course to start or join a project in the crypto space. I am in.
Good information, not currently interested in locking up funds in defi Dapps.
I want to learn more about Solidity and the programming aspects of Defi, so that at the very least, I can become more skilled at reading / programming smart contracts. I am not sure if I want to become a developer, but I do know that I would like to understand Decentralized Finance beyond that of a consumer in this space.
Mostly, the way I wound up learning through this course is by following the links you posted and then just spending a lot of time on my own conducting research. The videos themselves seem very dated at this point in time, save for some key concepts.
I am a bit confused…why would you, or what are the benefit of swapping coins?
You want to swap assets since the value is constantly evolving just like in the real world … you have FIAT if you have a lot of FIAT you can swap it for a house … with that house you can then take a lone to by a new car etc …
Crazy ,and im in SA…crypto laws seem lackadaisical this side though
I just saw Etherscan rolled out the Ethereum Yield Farms list ( https://etherscan.io/yieldfarms ) Does it count for an arbitrage opportunity?
Also in theory if coins listed in more than one CEX have price difference it could open a window for arbitrage, just like forex, it must be done lightening fast and the amount must be huge in order to do it in a profitable way. It’s extremely risky too. Hmm…
Anyway, thanks for the course. Hopefully I could be back in DeFi 201 very soon.
It was a great course Amadeo, in less than 3 weeks you gave me the keys to open finance where everything is just clearer and accessible as compared to the traditional finance, where you are really in control of your money and sometimes you just found out to be a beneficiary of an airdrop because you’ve used an app (which gives you a real sentiment of decentralization) but i also understand that everything is still new and there’s a need to be very careful and to dive deeper before enrolling in a new product or protocol. Thank you very much for that Amadeo, let’s keep diving.
Thanks again Amadeo for being our teacher of DeFi. It is such an wide open space and at the beginning of what I think will be the next boom in the crypto and non crypto world as the traditional banks start joining with the likes of Kraken and Cashaa. Due to the expensive Gas Fees for completing the hands on portion of the DeFi 101 course I did a little research to see if there is an alternative to getting around the high ETH Gas fee.
From crypto larks youtube videos, I learned of a newer platform called https://for.tube/home. I am working on trying to add funds to earn a savings rate. Its a little less user friendly than the ones that Amadeo reviewed, but I am learning. Thanks again Amadeo. You rock!
My head is exploding by the amount of stuff I was missing out. But now I have a better grip of what DeFi means and how DeFi projects function. One of the project you mentioned “Curve Dao” interests me and I’m going to put my stable tokens in their LP to dive deeper into DeFi. Thank you for the lectures!!
I am a little overwhelmed by the entire DeFi space possibilities. I will be exploring different protocols to look for best deals on saving and borrowing and also to find niche for building new projects.
Again, thank you for the course.
If we have governance tokens and we don’t have better use case for them I think that we can gain additional returns by lending them via PowerPool. I don’t think that they are fully functional right now but still they are noteworthy.
https://powerpool.finance/
The ecosystem ís nevendless huge. Í will dive deeper in kybernet and Aave.
Deep? You want me to go deeper you say? Okay i’m going into coin gecko HotList and clicking on the first thing i see, yieldfarming.insure (SAFE) https://yieldfarming.insure/., sounds safe to me lol… or i could go to [https://dontbuymeme.com],
I have no idea what I am doing but I did deposit some DAI into AAVE and use metaMask wallet. I did learn a lot! Thank you so much for the awesome information.
These gas prices are making a lot of this unusable. I have 1000 dai (that I had a fair few gas charges to get in the first place) that I wanted to put into Yearn Finance to take advantage of the 16% interest rate. But the gas cost to put that in is $60. It will take months to even make that cost back with the interest and then no doubt I would need to pay more gas to get the dai back out. It hardly seems worthwhile.
Am I completely missing something here???
Amadeos, thank you so much buddy.
I appreciate your help and time that was invested into this.
I look forward to building the new world with some of you.
Stay strong everyone.
Crypto isn’t going anywhere but up(in the long run). ha
Learning how to take advantage of arbitrage opportunities sounds interesting. I would also like to explore how to build my own bot to perform trades on my behalf that meet certain conditions. Thanks for the great content!