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
