Better just change it to ETH?
2 Likes
Yes I love DeFi Zap 
Will cover this more in-depth in DeFi 201.
It is important to understand pools etc and also see that there can be a negative rates … Zapps are more dangerous then you think.
See this article for more in-depth information: https://docs.ethhub.io/guides/graphical-guide-for-understanding-uniswap/#liquidity-providers
1 Like
Hello Amadeo,
After completing the DeFi 101 course I wanted to take a moment and thank you for this course. It has clearly structured my knowledge, helped get a better understanding of who the most important players are in the space, and how one can get involved in this new ecosystem. -
Looking very much forward to digging deeper once DeFi 102 once it becomes available.
An interesting topic for the new course would also be to get further info regarding the reasons behind the massive drop in interest rates, both in lending and borrowing.
Thanks again :))
1 Like
Thank you
DeFi 201 recording is today will cover it all.
3 Likes
This class is really fascinating, and an area that kind of seems cool would be implementing these applications into a video game of sorts where you can use these skills within it. It would also act as a really useful tool for beginners experimenting in this field.
1 Like
Is it true that MKR/ETH price will never go bellow 1.5?
2 Likes
This course is very in depth and looking forward to learning even more with the next course
1 Like
Thank you for such an amazing course. Are you aware of any projects that are looking at connecting defi across different blockchains? I believe in one of the earlier lectures you mention that is where you think we are going, but are you aware of any known active projects?
1 Like
Thank you, Amadeo, for all the information that you have provided. It gives me a very good first impression as to what is out there. I may teach my children how to set up their own accounts and earn some interest.
1 Like
Thank you for the awesome course! I am curious to know if DeFi mortgage is possible scope of a new project?
1 Like
@amadeobrands I just saw a project called Balancer for Liquidity Mining. It looks interesting and I am doing more research. Do you know about this project and are you going to participate?
https://medium.com/balancer-protocol/balancer-liquidity-mining-begins-6e65932eaea9
2 Likes
I want to share my thought on this course and the DEFI space from my noob perspective. I have spent more time on this course than Blockchain 101 and Ethereum 101 combined. This is a place currently most suitable for early adopters and people that have a deeper understanding of finance. So many complicated terms and ideas. What makes it harder is the fact that being so new, instructions, help and guides are limited. In my approach, it’s frustrating to invest hours to do something that I first interpret as simple.
But, as I am complaining over my limited defi capabilities, I have realized that I have not lost any time, searching for answers lead to different paths, protocols and information I would not otherwise have found. I have also learned what amount of work that an early adopter need to put in. My respect for people like @amadeobrands have surely increased.
I am personally not interested in depths of finance as much as seeing my own stack grow, but something that I would like to see in this space is providing a lot more help and information in order for mass adoption to occur. Basically, aside of complicated white papers, dApp’s have zero focus on providing easy information and explanations. I see this as an opportunity from a service/consultant perspective more than from the development side. If this information is hard to grasp for someone invested, believing and learning about crypto, we are really early and there might be possibilities around defi, not only for people invested in finance and programming but others as well.
Thank you once more for this course and pulling me out of my crypto-comfort zone-bubble!
4 Likes
I have the same problem! have you figured it out?
I’m not sure how to change the network though I change the selection dropdown list of my metamask.
How do you change that?
1 Like
Hi there, this was an interesting course filled with information. I would also like to take this moment to warn people against using bZx, I’ve been having a terrible experience with that site. I lended some ETH to their liquidity pool (to gain interest on my ETH) and since they advertise on their site fulcrum.trade that users kan withdraw their assets anytime I thought it was safe to do so. Little did I know that they had been hacked a few weeks earlier and now it has been impossible for me (and many others who lended their ETH, via twitter I read a lot of complaints) to unlend their assets because they now have no liquidity for unlending, even though they still claimed that users could withdraw anytime. This has been the case for the past 3 months, with little to no information in regard to when and how users can get their assets back. After complaining on their twitter they blocked me. So now I’m hoping and praying I can get my ETH back.
1 Like
Good luck, I really hope you get that ETH back!
1 Like
Yes DeFi 201 
Balancer is super interesting
1 Like
Very said to hear this 
There is a reason I do not mention them really in the course there is many dangerous waters in DeFi … and you should really look into the protocols before investing.
What you can do best is the following and this go’s for all people and protocols.
Find your Transaction Hash where you have proof that you gave them liquidity.
Then share this on Twitter and mention them and send them a DM.
If you do this then I will also retweet this for you
1 Like
Hi there, great course, learned a lot going through this whole topic and will be interesting to see how this ecosystem will evolve.
@amadeobrands to truly succeed with DeFi, the user experience is a key part and while MetaMask is doing a great job in connecting with the different protocols, I personally struggled several times with the gas fee / transaction fee that you have to pay to initiate / close a contract. While I fully understand the need for this fee, I recently was not able to unlock my ETH from Compound as I locked all availbale ETH in my wallet. So when trying to unlend, I could not get my ETH out of the Smart Contract because I was not able to pay the fee and there is no solution (as far as I am aware) to pay the fee from the locked ETH amount.
Are you aware of any solution to this problem or is this still up to the user to keep in mind that you have to hold back some ETH to pay the fees?
For me at least it was a good lessons learned
2 Likes
Very informative course, thank you Amadeo.
1 Like