ReadySetCrypto – Financial Freedom With Decentralized Finance
Description of Financial Freedom With Decentralized Finance
Decentralized finance, or DeFi, already provides a range of common financial vehicles and marketplaces that ensure that the individual is the sole custodian of their assets at all times.
This is DeFi, and it represents one of the most exciting developments currently at the forefront of fintech and crypto.
Some of the most promising and advanced protocols are:
- Decentralized exchanges like 0x or KyberNetwork
- Non-asset-backed stablecoins like Dai, with reliable value for hedging and transferring
- Token baskets, a decentralized equivalent to ETFs, through Set protocol
- Smart contract-based asset management funds like MelonPort
- Tokenized debt platforms like Dharma or Compound for lending and borrowing.
So let’s explore that, learn about Decentralized Finance, and most importantly understand how we can take advantage of an opportunity that will define the coming years.
What will you learn in Financial Freedom With Decentralized Finance?
Objective of the course
Educate on the fundamentals of:
- Interest
- Credit / Debt
- Investing in Assets, securities, Crypto
Provide guidance on the tools available to:
- Become your own bank
- Accumulate and leverage your digital assets
- Benefit from stability and interest rates / inflation
- Diversify your risk
- Earn passive income
- Appropriate custody solutions
Course content, topics and flow
Context of this course:
- Why has money taken many forms (commodity money, medium of exchange, predictable and underlying usefulness, unit of account)
- What is debt and how does it flow through the economy
- Debt is a loan against your future self
- Cash in the bank is usually at or barely above inflation
- Access to affordable credit
- Leverage of assets
Crypto backed credit systems
- MakerDao and CDPs
- Crypto backed Fiat Loans (NEXO, BlockFi, Celsius Network, EthLend)
Benefiting from Stability
- Stablecoins
- Interest generation mechanisms (Compound, MKR DSR)
Custody Solutions
- Software wallets – ABRA Wallet, Coinbase wallet, Electrum
- Hardware Wallets
- The exchange and private key problem
Investment Opportunities
- Investing in cryptographic assets
- Currencies
- Platforms
- Staking and Masternodes
- Exchange tokens and dividends (Nash, BNB, fee generating tokens)
- Investing and creating Indexes (Set, Baskets, Diversification)
- Investing in fund managers (GVT, Iconomi)
- Asset backed tokens
- Gold backed (DigixDao)
- Security Tokens
- Real Estate Tokens
More courses from the same author: ReadySetCrypto