Thank you for the extensive knowledge you have already given just in this early section of Defi 101.
Going further down the rabbit hole.
Cheers.
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You are not missing anything. It is absolutely not worth it to touch any DeFi protocol built on top of Ethereum, at least at the time being. Eventhough L2 scaling solutions are coming into fruition, I wonder what new issues will be discovered. At the same time we are still at the very early stage of blockchain technology and real innovation has yet to come, with ultra-high trhoughput and latency. That, my friend, is exciting
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Ideas for another building block:
- Decentralized protocol based on a governance system, made for businesses to borrow money directly from the people instead of borrowing from the bank. MakerDAO for businesses. Without collateralization, with KYC
- Decentralized pension fund services??
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Thanks for the coarse Amadeo!
I am slowly making sense of this all.
Is there a preferred article to read about why MakerDao got liquidated?
And do we know if/when the DSA will be >0%?
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Amadeo, thank you so much for your insights on Defi! I was wondering if you checked out lately the http://iearn.finance/ ?
I was on the page and got the following message, see image!
Would be interested to hear what this is?!
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are this fake pages?
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Hi @amadeobrands. I tried checking your Defi Ecosystem overview and it’s great. Thank you. I just have some few questions.
-
Ivan had been talking about DOS Network oracle in his youtube videos. Why it is not included in the list of oracles in the overview?
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Coingecko added this new feature “Time to Farm” (Top Yield Farming Pools by Value Locked). I think it’s helpful. I’m just curious, since we are talking mostly about DAI. What do you think is the reason why WETH-DAI pair in farming UNI tokens in UNISWAP liquidity pool is having the smallest value locked even though it has the most yearly returns?
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This is clearly a scam …
Please go to: https://yeern.finance/
Watch out visiting the wrong websites …
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Still need to look into DOS but I do not see it as DeFi atm
Great qwestion.
Well the UNI pools are leverged and I think people can just simply get cheaper levrage with the other assets.
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Recently found a SwissBorg project. Seems really promising. What are your thoughts on this? 
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Thank you for the reply @amadeobrands . I’m not really sure if I understand your answer about leverage. 
But it gives me more reason to learn more. I’m gonna jump now to coding but will definitely comeback to your Defi 201. Hopefully with more knowledge.
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Token economics make 0 long term sense but for sure a nice gamble get out in time
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Such an amazing course. The defi and de/cefi markets are exploding. So much potential for growth. I hooe to see new systems put into place as it grows. Simply making the midle man a smart contract is only begining. I plan to explore more of this over time and hopefully will earn as I learn.
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it is exactly my question
can any body explain please?
This has been a great course and awesome deep dives into MakerDAO and Compound. After the MarkerDAO deep dive I saw that the current DSR is at 0.0%. And that had me dig a little deeper to find out why that was the case. And in the process of learning about that topic, it helped me learn more about the makerDAO protocol and hammer home in my brain how it works by seeing it in different presentations and different ways it was written about in articles and reddit posts I read. It was similar information that Amadeo presented, but at least for me, seeing other ways of telling me the information helped me understand it more.
Would have like to interact with at least the compound finance protocol, but the ETH gas fees seem too high to make it worth my while for now. Maybe dig into learning about L2 protocols and see what’s out there since the fees are low and transactions are very fast too. Anyway, I’m still learning and wrapping my head around DeFi, but the deep dive into the 2 protocols were a big stepping stone for me in understanding what DeFi is now and what it can be in the future. Thank you Amadeo for putting this intro course together.
I’m rethinking my Oasis investment in ETH to Dai as it’s fine for the experience that lost a bit of money experimenting due to gas fees and other transaction costs, so my question becomes:
How do I move ETH I’ve put into the vault, but didn’t have enough left to generate Dai?
I’m not finding directions readily as I’ve already done a few searches both on Brave and Firefox/DuckDuckGo.
I discovered a wealth of information in the Oasis blog (nothing on withdrawal yet):
Out of time for now!
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It’s a interesting ride, and everything is possible in blockchain if more and more people comes together and works for making it better for everyone. And i truly believe that lots of people loves the whitepaper of BTC and the ideology, and for me that ideology is the main reason I still invest in new projects only to help it grow so in the future it can change everything we know today about what is possible and how we can change the way of living thanks to blockchain.
Thank you Amadeo for the course, really enjoyed it!
Will get back to you with my ideas of taking the next step in the DeFi ecosystem.
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oh, nice mountain spike
Discovering these pages are teaching visually a lot. Thank you for sharing it.
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I got that page too. The disconcerting thing is: I do believe we both likely used the correct web address!
It made me think the company Amadeo was introducing us to was taken out due to some infraction.
So, how can a website be fake if you use the correct url?
Is it an invisible redirect?
Did we have the correct URL… ?