Introduction To DeFi

Get smart fast about decentralized finance (DeFi) with this accessible step-by-step course on how to invest in DeFi and earn passive income on your cryptocurrency assets.

In this course, you’ll learn the technology and theory behind decentralized finance (DeFi) and go step-by-step through the tools you need to start making your crypto work for you.

By the end of the course, you’ll learn how to create a new passive income stream by letting other people borrow your crypto assets and pay you interest on them.

• You’ll learn how to access 10%-20% interest savings accounts using stablecoins tied to the US dollar.

You’ll also learn the fundamentals of DeFi, including:

•  What is decentralized finance and why does it matter for your portfolio and the world.
•  The DeFi ecosystem, applications, and use cases.
• What are protocols and the various ones DeFi applications run on.

Once you understand the theory behind DeFi, we’ll walk you through step-by-step how you can use DeFi applications to earn interest on your cryptocurrency, including:

• Setting up your wallet: Getting started with the Phantom wallet for Solana
• Buying your first cryptocurrency: Using Coinbase to purchase stablecoins and transfer them to your wallet
• Setting up your dashboard: Creating a Step dashboard to track your decentralized finance investments and positions
• Borrowing and Lending: Lend your cryptocurrency to generate 10-20% yields.
• Exchange: Use low-fee decentralized exchanges to instantly trade your cryptocurrencies for other tokens.

This course is designed for both new and advanced crypto investors. The information in this course can help even the most seasoned cryptocurrency investor supercharge their portfolio with this new technology.