Enroll Course: https://www.coursera.org/learn/decentralized-finance-deep-dive-duke
In the rapidly evolving world of finance, understanding decentralized finance (DeFi) is becoming increasingly essential. If you’re looking to deepen your knowledge in this area, the course titled ‘Decentralized Finance (DeFi) Deep Dive’ on Coursera is a must-take. This course is the third installment in a series that begins with foundational courses on DeFi Infrastructure and DeFi Primitives, making it crucial to complete those first before diving into this one.
The ‘DeFi Deep Dive’ course is the longest of the four, and it offers an in-depth exploration of some of the leading protocols in the DeFi space. The course is structured into four comprehensive modules, each focusing on a key aspect of DeFi.
### Module 1: Credit and Lending
The journey begins with an exploration of MakerDAO’s stablecoin, DAI, and the concept of collateralized debt obligations. This module provides a detailed examination of two significant lending protocols: Compound and Aave. By the end of this module, you will have a solid understanding of how these platforms operate and their impact on the DeFi ecosystem.
### Module 2: Decentralized Exchange
Next, the course delves into decentralized exchanges, specifically Uniswap v2 and v3. You’ll learn about the mechanics of these platforms and how they revolutionize trading. The module also introduces Balancer’s two-asset Automated Market Maker and concludes with a discussion on rehypothecation and Total Locked Value, which are critical concepts in understanding liquidity in DeFi.
### Module 3: Derivatives
The third module shifts focus to derivatives protocols, where you’ll explore fixed-rate lending and borrowing through the Yield Protocol. Additionally, the mechanics of dYdX and Synthetix are thoroughly examined, providing insights into how derivatives function within the DeFi landscape.
### Module 4: Tokenization
Finally, the course wraps up with a focus on tokenization, featuring the Set Protocol. This module explains how portfolios can be combined in a manner similar to traditional ETFs, offering both active and passive investment strategies. You’ll also learn about the use of wrapped Bitcoin and wrapped Ethereum in DeFi, which is crucial for understanding asset interoperability.
Overall, the ‘DeFi Deep Dive’ course is an invaluable resource for anyone looking to gain a comprehensive understanding of decentralized finance. The course is well-structured, informative, and filled with practical insights that can be applied in real-world scenarios. Whether you’re a finance professional, a developer, or simply a curious learner, this course will equip you with the knowledge needed to navigate the future of finance confidently.
I highly recommend enrolling in this course if you have completed the prerequisite courses. The knowledge gained here will not only enhance your understanding of DeFi but also empower you to engage with this transformative financial landscape effectively.
Enroll Course: https://www.coursera.org/learn/decentralized-finance-deep-dive-duke