DeFi – Business of Decentralized Finance (DeFi)

DeFi – Business of Decentralized Finance (DeFi), available at $44.99, has an average rating of 4.35, with 61 lectures, based on 178 reviews, and has 5994 subscribers.

You will learn about Economics, Finance and Business aspects of Decentralized Finance (DeFi) Basic DeFi Concepts General Structure of DeFi Platforms Automated Market Making and Yield Farming Token Economics or Tokenomics How DeFi platforms create value? Valuing DeFi tokens. Cash-flows in DeFi projects DeFi Governance Sustainability for DeFi Platforms – Risks and Vulnerabilities in DeFi Planning for a DeFi project – from value proposition to path of self-sustainability This course is ideal for individuals who are Technical graduates who want to build DeFi platforms but struggle with the economics, finance, and business side of DeFi. or Business grads who want to become DeFi investors, researchers, and strategists but do not know where to start. It is particularly useful for Technical graduates who want to build DeFi platforms but struggle with the economics, finance, and business side of DeFi. or Business grads who want to become DeFi investors, researchers, and strategists but do not know where to start.

Enroll now: DeFi – Business of Decentralized Finance (DeFi)

Summary

Title: DeFi – Business of Decentralized Finance (DeFi)

Price: $44.99

Average Rating: 4.35

Number of Lectures: 61

Number of Published Lectures: 61

Number of Curriculum Items: 61

Number of Published Curriculum Objects: 61

Original Price: $39.99

Quality Status: approved

Status: Live

What You Will Learn

Economics, Finance and Business aspects of Decentralized Finance (DeFi)
Basic DeFi Concepts
General Structure of DeFi Platforms
Automated Market Making and Yield Farming
Token Economics or Tokenomics
How DeFi platforms create value? Valuing DeFi tokens.
Cash-flows in DeFi projects
DeFi Governance
Sustainability for DeFi Platforms – Risks and Vulnerabilities in DeFi
Planning for a DeFi project – from value proposition to path of self-sustainability

Who Should Attend

Technical graduates who want to build DeFi platforms but struggle with the economics, finance, and business side of DeFi.
Business grads who want to become DeFi investors, researchers, and strategists but do not know where to start.

Target Audiences

Technical graduates who want to build DeFi platforms but struggle with the economics, finance, and business side of DeFi.
Business grads who want to become DeFi investors, researchers, and strategists but do not know where to start.

Course Update 1st August 2022

30 minutes of new video content that includes –

A completely new section on risks and sustainability in DeFi.
Many case-studies covering specific use cases of the concepts discussed.

Reading material – DeFi Case Studies – 70 pages (with Lecture 7)

Much more graphics – complete new recording

……………………………………………………………………………

First of all, let be clear that – this is not a technical course – this is a business course. This course does not delve into specific DeFi protocols but talks about the broad structure of DeFi platforms with some case studies on how specific protocols implement the concepts discussed.

Decentralized Finance or DeFi platforms are disrupting the financial sector and many want to join the movement. The challenge they face is that building and evaluating these platforms need a deep understanding of economics, finance, and business. Decentralized Finance is fundamentally multidisciplinary. You do not need to master all the subjects but need some basic understanding of various disciplines to get into DeFi.

Apart from that, building these platforms is a time-consuming and resource-intensive process. Until these DeFi platforms become self-sustaining, there has to be some mechanism to create economic incentives for the stakeholders so that the project is not abandoned. Creating those economic incentives involves balancing out the short-term cash flows with long-term wealth creation. For that, we need to know how DeFi platforms generate cash-flows and create value. Creating cash-flows and creating value need various approaches and involve different kinds of strategies.

Unfortunately, the learning sources for DeFi are often scattered and/or primarily focused on the technical side of DeFi. There is a need for learning sources that deal with the finance and business side of DeFi in a well-structured manner.

This is what this course is trying to achieve.

Course Curriculum

Chapter 1: Why and what of this course?

Lecture 1: Why take this course?

Lecture 2: Who is this course for?

Lecture 3: Course Outline

Chapter 2: DeFi Foundations

Lecture 1: What is Decentralized Finance?

Lecture 2: Characteristics of DeFi systems

Lecture 3: Differences between DeFi and CeFi.

Chapter 3: Major DeFi segments

Lecture 1: Major DeFi Segments

Lecture 2: Case Study – MakerDAO

Lecture 3: Case Study – AAVE

Lecture 4: Case Study – Curve Finance

Lecture 5: Case Study – Synthetix

Chapter 4: How do DeFi Platforms work?

Lecture 1: General structure of DeFi platforms

Lecture 2: Automated Market Makers

Lecture 3: Liquidity Mining and Yield Farming

Lecture 4: Case Study – Compound Protocol

Lecture 5: Case Study – PancakeSwap

Chapter 5: Economics, Finance, and Business concepts for Decentralized Finance

Lecture 1: Money supply and Inflation

Lecture 2: Volume and Margin Businesses

Lecture 3: Collateral and Yield

Chapter 6: Value creation in DeFi

Lecture 1: Fundamentals

Lecture 2: Burniske and Tatar framework and Valuing DeFi Tokens

Lecture 3: DeFi Value Drivers

Lecture 4: Case Study – MakerDAO and DAI

Lecture 5: Case Study – Matic

Chapter 7: Token Economics

Lecture 1: Understanding Tokens

Lecture 2: Token Supply

Lecture 3: Token Market Cap and Fully Diluted Market Cap

Lecture 4: Token Minting, Supply and Burning Schedule

Lecture 5: Inflationary and Deflationary Token Economics

Lecture 6: Case Studies

Chapter 8: Cash-Flows in DeFi Projects

Lecture 1: Why do DeFi projects need cash flows?

Lecture 2: Cash-flow Sources for DeFi platforms

Lecture 3: Choice between Volumes and Margins

Lecture 4: Case Study – Convex Capital

Lecture 5: Case Study – MakerDAO

Chapter 9: DeFi Governance

Lecture 1: Governance Process in DeFi

Lecture 2: Governance Tokens

Lecture 3: Decentralized Autonomous Organization or DAO

Lecture 4: Types of Governance Systems in DeFi

Lecture 5: Path to Decentralization

Lecture 6: Case Study – Uniswap

Lecture 7: Case Study – Curve Finance

Chapter 10: Growth Challenges for DeFi Platforms

Lecture 1: High Gas Fee

Lecture 2: Low Throughput

Lecture 3: Regulatory Challenges

Chapter 11: Sustainability of DeFi platforms

Lecture 1: Why talk about sustainability?

Lecture 2: DeFi Bank Runs

Lecture 3: Hacks

Lecture 4: Rug Pull

Lecture 5: Honeypots

Lecture 6: Phishing Attacks

Lecture 7: Scam Airdrops

Lecture 8: Major DeFi Platform Failures and Hacks

Chapter 12: Planning Framework for DeFi

Lecture 1: Choosing a problem to solve.

Lecture 2: Economic Viability of the Project

Lecture 3: Value Proposition Design

Lecture 4: Technological Choices

Lecture 5: Economic Choices

Lecture 6: Governance Structure

Lecture 7: Growth and Stability

Chapter 13: Congratulations

Lecture 1: Congratulations

Instructors

Sam Ghosh
Emerging Technology Consultant

Rating Distribution

1 stars: 2 votes
2 stars: 7 votes
3 stars: 17 votes
4 stars: 35 votes
5 stars: 117 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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