Decentralized Finance (DeFi) Deep Dive

Por: Coursera . en: , ,

  • Credit and Lending
    • We begin module one with the mechanics of MakerDAO stablecoin called DAI and introduce the idea of collateralized debt obligations. The module also includes a detailed examination of both Compound and Aave.
  • Decentralized Exchange
    • The second module explores the mechanics of Uniswap v2 and v3. A generalization of the two asset Automated Market Maker introduced by Balancer is also studied. The module ends with a discussion of rehypothecation as well as Total Locked Value.
  • Derivatives
    • The third model features leading derivatives protocols. The mechanics of fixed rate lending and borrowing is presented with the Yield Protocol. The mechanics of dYdX and Synthetix are also explored.
  • Tokenization
    • The final module focuses on tokenization and features the Set Protocol. Set provides a way to combine portfolios much like an ETF holds many traditional stocks. The Sets can be active or passive. The module ends with a discussion of the use in DeFi of both wrapped bitcoin and wrapped ethereum.