Great job Amadeo, I have enjoyed this course a lot. Not easy for me as I was (still am a newby), I had to research nearly every single term to understand the meanings, took me a day per video lesson. I wonder wether I should have completed the course “Bitcoin and Cryptocurrencies” before…
I will wait some time to follow with DeFi 201, need time to settle down the info, but we’ll meet again. Thanks again
This thread really helped to wrap my head around things
Might be worth looking into the Polkadot branding, but I have a feeling you have to be pretty good to be allowed a parachain slot.
One interesting thing might be some DeFi apps that allow you to build automated arbitrage / trading strategies like UniDexBot or CyberFi. Some of the things you could do include selling/buying a token if it makes a 10% price change. In a market where the majority of “blue chip” cryptos are essentially oscillators (per your typical maxi) this would seem to be a winning approach.
Thanks Rojas for the feedback. I will look at Polkadot as advised.
Hoi @amadeobrands
Just wanted to thank you for the great course and the insight it gave me into the DeFi ecosystem. Also your reference material during this course was great. I know I will be getting back to this course and the reference materials in the future to get more use out of it.
I’m also thrilled to see so many different use cases in the DeFi ecosystem. I know there is something I can and want to develop here. Don’t know what it is yet exactly but ideas are already popping up and they have to mature a bit more. After your DeFi 101 course I will get busy with the programming aspect in DeFi but I can’t wait to get back and see you in the DeFi 201 course. Again many thanks and I will see you back again soon.
Maha Dao (https://mahadao.com/) has created a very interesting project and tokens.
The ARTH is aimed at being a non-depreciating token which would maintain its buying power. (I am still figuring out exactly how that would work). But, their documents state that ARTH would be pegged against a “Global Measurement Unit” consisting of a well-diversified, anti-correlated, carefully curated basket of assets. This approach would make for a very interesting “stable coin” which is claimed to be fully decentralized (thus attaining the promise of a trustless currency)
I would think there are arbitrage opportunities on decentralized exchanges like Uniswap, but finding those opportunities can take time.
Passive income DeFi projects could have more potential in the future.
Wow so many ideas, but I feel as though they are probably already taken.
I like the projects Ambrosus and Oiler. Ambrosus handles tracking in supply chains of food, pharmaceuticals, and chemicals. Oiler Network provides the possibility to sidestep Oracle protocols and incorporate strictly on-chain parameters.
WoW, really nice course! Like before this course i did not know much about DeFi space, but now my brain is like exploding Im pretty sure that in the near future i´m going to watch these videos again
Thank you Amadeo! What a massive wealth of information. DeFi is going to change everything. I am so new to the space I wouldn’t even know where to begin on how to add or contribute developments in the DeFi space. I just attempted to add DAI to the Savings Rate, but the fees are outrageous. It is 11 Jan 2021.
Thank you for all you do.
I think the DeFi space is very exciting and has a very bright future . I like the fact it puts more control in your own hands and gives opportunities to invest in start ups with smaller amounts of money opening up the market to more people. The only downside I see is the gas fees but hopefully this will be sorted with eth 2.0.
Thanks Amadeo great course. Very interesting
Looking forward to the 2nd course
So much happening in the space. It’s amazing.
I’m curious to see how the insurance products will continue to evolve over time.
I come from an insurance background and have seen the immense wealth insurance companies make. I’m excited about home insurance and life insurance on these platforms.
I was looking at https://www.coverprotocol.com/ and trying to understand.
So we basically create a liquidity pool and the money is issued when the claim is made. How is risk determined in this instance?
Keep learning in the DeFi space
Lattice project is developing its own platform and seems to be quite forward-thinking. This might be an important player in DeFi world very soon!
Lattice is a decentralized finance (DeFi) application built with Ethereum and Constellation’s Hypergraph Transfer Protocol (HGTP). Our vision is to advance and modernize the world’s financial trading solutions for crypto assets. Lattice empowers users and liquidity providers alike with advanced AMM algorithms.
https://lattice.exchange/
https://constellationnetwork.io/
One thing is very clear, the universe of DeFi is evolving fast. Changes happen every day in so many crypto arenas that it is hard to keep up!
It’s a lot of fun!
G.
Interested in payment systems for stores and shopping, especially for remote locations, markets, stores restaurants and tourism industry.
Also interested in trading platforms. There is a need to develop towards accommodating a higher variety of crypto tokens and access to higher volumes in one GUI/contract, rather than different platforms for different currencies.
I like the work chainlink is doing.
They are interconnecting all the blockchains for real world solutions. It’s quite impressive and catches my attention.
I can definitely see how one could fall down the DeFi rabbit hole, as there are so many interesting projects and building blocks that you could literally spend months or even years researching them all. Thanks for the introduction to the space and I look forward to doing more research on my own!
Thanks for the course! I really like your lego illustration. Also I didin’t know it is possible to manipulate with smart contract directly on Etherscan. Thank you for that! Very useful.
Unfortunately it is not the best time to experiment with DeFi now because gas fee is far too high. I hope Ethereum team will lower the gas in the future.