Leonard Reed in his very famous essay, ‘I, Pencil’ tells the story of the manufacture of a simple lead pencil. How the wood is harvested, the graphite mined, the rubber …
In traditional finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying ‘thing’ can be an asset, commodity, index, or interest …
Let’s start with a general introduction to derivatives in traditional markets. Derivatives are financial instruments such as futures, forwards, options and swaps. Derivatives are all forms of contract that represent …
The main reason people want to borrow crypto assets from a DeFi protocol is for trading and speculation purposes. For example, if someone was bullish on ETH and had $250 …
Most people are familiar with the concept of borrowing and lending whether it be in the form of mortgages, student loans or similar etc. Indeed, it is one of the …
Now that we understand why you would want to swap tokens for stablecoins, let’s practice doing it. Follow along with Associate Professor Chris Berg as he swaps Ethereum tokens for …
Testnets allow you to interact with DeFi without investing real money. This allows you to perform tasks in a hands-on manner without incurring financial risk. Follow along with Associate Professor …
Well, this is your last step before the final quiz but we hope it’s also the first step in an exciting journey. To help you as explore DeFi further, here …
In this video, Chris Berg from RMIT’s Blockchain Innovation Hub demonstrates the ways that you can interactive with the DeFi community online. Watch the video and then explore the communities …
Thus far, we have focused mainly on the Ethereum blockchain but DeFi is not limited to one chain. Watch as Professor Ellie Rennie takes us on a guided tour of …
Well that’s a wrap for Decentralised Finance: Blockchain, Ethereum, and The Future of Banking! Congratulations on making your way through the whole course and thanks for engaging with us and …
Now that you have an understanding of some of the different reasons to borrow and lend in DeFi, Professor Ellie Rennie demonstrates how to use the Aave platform to borrow …
As you prepare to explore the DeFi community further on your own after this course, it’s important to know where to find the community and how it functions. Watch Associate …
In the context of blockchains, a wallet is a tool (hardware or software) that allows you to interact with a blockchain using public and private keys. Unlike a traditional physical …
Congratulations on completing the final week of Decentralised Finance: Blockchain, Ethereum, and The Future of Banking! You have examined the risks inherent in DeFi with an eye toward navigating DeFi …