I worked only with Kovan network, I receive ETH, deposited into vault ETH and received DAI.
Question is what market opportunities I might see.
To be honest not that many, I can deposit DAI and receive interest on DAI.
Hopefully it is higher than interest when directly staking ETH.
I guess it must have some tax benefits in certain countries.
Certainly, I feel that 130% overcollaterization is to much but the volatility of ETH probably requires it.
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Hi Amadeobrands,
@amadeobrands @dan-i
I’m struggling to find Kovan Etherium to learn from practicing. I had managed to get 18 Eth on Rinkbey and tried connecting my wallet with Rinkbey selected but I get an error message from the website when any other testnet is selected apart from Kovan.
I receive the following message “Error: browser ethereum provider and URL network param do not match” when I try to connect my Metamask wallet from this URL https://oasis.app/borrow?network=kovan.
It connects when I have Kovan selected in the wallet but I cannot proceed any further without the K-eth.
Thanks for the link.
I requested assets and I received a page with a QR code on it. I scanned it with my phone but nothing happened.
The link took me to the correct page this time but when I requested from the faucet, I received this message: Oops, an unknown error occured. Please try again later. I have Kovan selected in my Metamask. Should that not be selected?
Thank you ever so much. I kept on trying and it eventually worked.
The applications are still in its enfant stages, however can evolve to reaplce the cross border remittances sector, FX market.
Q: When locking Etherum in a Maker DAO CDP and then borrowing you collateral to another protocol do you see any interesting market opportunities? Or do you have any cool ideas of new building blocks that we can build together let’s discuss it in this forum thread.
A: I see all the blocks together that make borrowing, lending, saving, etc. possible as great potential. One of them is creating a decentralized bank online with smart contracts and letting it operate on itself. This is one of many ideas. DeFi has great potential.
Did assignment as prescribed. (Kovan - ETH - DAI).
To me it seems better to just use Celsius and have a return of ~12% if interested in stable Coin - DAI.
I recently swapped $550 worth of Sifchain tokens back to eth, gas fees + miner fees = $100 
I do think that Maker creates interesting market opportunities. If you are a big investor with a lot of money 8% gain could be a lot at the end.
Of course , the possibility of lending , borrowing without using banks and all of their checks and scores makes it appealing.
However , i think that for a bigger mass adoption and for an average person the user experience sometimes it is still bit complicated.
I love the test net and how you can practice on it to learn the process well before using real money! The vaults, lending and borrowing are all awesome. You could technically open a vault when you want to go long in an asset but also want get into other another asset or just collect interest on top of your asset’s gains.
This course is truly amazing, completely opens your eyes to the possibilities of DeFi.
Indeed it makes it very difficult for any new or smaller investor to learn and gain experience within DEFI. My gains have to be huge to make the fees worth while. I hope we see improvements here but in the short term it is doing wonders for my patience and the gains keep growing.
Regardless, DEFI is an amazing ecosystem that has the potential to brings so much good to so many people. As we move into an age of connected chains and interoperability I think we may begin to see the type of competition that will drive down the cost of using DEFI ecosystems. As one of the more costly blockchains to use at this time I am interested to see how Ethereum will rise to meet this challenge. The network can not justify a 57 dollar fee to buy a 7 dollar NFT Crypto kitty and expect people to buy many Crypto Kitties.
When locking Etherum in a Maker DAO CDP and then borrowing you collateral to another protocol do you see any interesting market opportunities? Or do you have any cool ideas of new building blocks that we can build together let’s discuss it in this forum thread.
Although I have no new ideas to add, I must say that I am enjoying this course. I possibly need to go through it again to let the information really sink in, as some things were too technical to grasp (just because I am new to this space), but I love the idea of compound interest and earning 8%-12% on a coin as passive income.
This form of earning is so much better than central banking, and I am all for it.
I think that integrating the concept of perpetuum mobile for building new blocks can be advantageous and ensuring the overall “token flow”. You can interlink exchanges so that basically everybody wins. Hope what I said makes sense.
What is meant by “burning” DAI tokens, please?
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What would be the purpose of using a test net for me? Is it to introduce and new project? Is it to be used for converting tokens? a couple of videos back there is reading assignment that brings it up, and warns never to send tokens from main net to test net, but I can’t figure out why I would do that? Sorry, what am I missing?
Defi has not lived up to the expectations of low fees etc… Hybrid Finance is the future
CeFi - Past
Defi - Present
Hyfi - Future.
-Ivan
It means to burn a token for a purpose, you can read more about here:
https://defipulse.com/blog/coin-burn/
Here you can also learn more about how DAI works under the hood:
https://www.coinbureau.com/education/what-is-dai-coin/
The testnet defines a network for testing porpuses, its the same has the mainnet but with no real value on its platform, you can use protocols like Compound, aave, uniswap and more in the same way that you could use them in the mainnet, but without risking real money on it.
If you have any more questions, please let us know so we can help you! 
Carlos Z.
Excellent tutorial!
I created an account on the oasis app and did some browsing on sending and receiving DAI. The opportunities are endless as more DApps get created.