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DefiNation - 00.00

Curso abierto de DeFi x boske.org.

Objetivos:

  • Revisar el estado del arte y analizar algunos protocolos en profundidad
  • Realizar un proyecto en equipo donde se investigue sobre un tópico avanzado y se implemente un prototipo

El repositorio en el que estás actualmente ofrece un overview de nuestras actividades. Podés interactuar con Boske en Discord y en Github. Tenemos canales dedicados en Discord para cada una de nuestras iniciativas y las contribuciones son bienvenidas. Nuestro trabajo es open source y podés seguir nuestro progreso en los repositorios de la organización Boske en github. Además mantenemos encuentros recurrentes: un encuentro semanal con con participantes y mentores del curso, un research workshop bi-semanal y un ´transparency call´ mensual para actualizar a la comunidad sobre nuestro progreso.

Podés aprender más acerca de nuestros valores y nuestra misión en Boske

Join us on Discord: #Boske
Subscribe to our public calendar here
github organization, classroom, lab, repos, book, page, etc: https://github.com/BoskeDAO
Twitter: https://twitter.com/Boske67896312
Youtube: https://www.youtube.com/channel/UCnSquEkp8mBB5rSJ5Fq6h7Q
Medium: https://medium.com/boske
Linkedin: https://www.linkedin.com/company/boske3/
Meetup: https://www.meetup.com/es-ES/web3latam/

Index:


Estructura del Curso

DeFi Tooling

  • What are DApps
    • Definitions
    • Examples
  • How can we explore the blockchain
  • MetaMask
    • Installation
    • Setting a testnet
  • Assignment: explore blocks and transactions

What is DeFi

  • DeFi vs CeFi
  • Origin and Future of DeFi
  • Financial risk in DeFi
  • DeFi is financial lego - Maker DAO, Compound, Zerion, Totle
  • Discussion: DeFi Ecosystem

The DeFi Digital Finance Stack

  • Decentralized Exchanges - Radarrelay, Loopring, DyDx, Uniswap, Kyber Network
  • Decentralized Stablecoins - DAI, USDT, USDC
  • Decentralized Money Markets - Compound, CDPs, Maker DAO, Oasis
  • Decentralized Synthetics - UMA, Synthetix, Maker DAO
  • Decentralized Insurance - Nexus Mutual, Opyn, Convexity
  • Discussion: DeFi Digital Finance Stack

DeFi Protocol Deep Dive

  • Maker DAO
  • Compound
  • Assignment: Using the DAI Savings Rate

Research Assignment

  • Assignment: Start looking for cool arbitrage opportunities or see what new DeFi building block you want to build, with your team, as your final project.

The State of Defi

  • What is happening in Defi
  • Let's take a look on chain data
  • Black Thursday 12th of March 2020
  • MakerDAO during Black Thursday
  • Defi Ecosystem - Discussion

Real World Assets on the Blockchain

  • Defi needs real world assets
  • TheArt Exchange
  • Centrifuge
  • Get Real World Assets on the Blockchain - Assignment

Become your own Hedge Fund

  • What is a hedge fund?
  • Interest Rate Swaps Explained
  • A Defi Hedge Fund
  • Yield Hacking
  • Yield Hacking Strategy

Flash Loan Programming

  • What is a flash loan?
  • Flash Loan Tutorial
  • Arbitrage and Flash Loan Tutorial
  • Creating Arbitrage Opportunities in Defi
  • Flash Loan Assignment/Discussion

Final Project and Next Steps

  • We need to check your github, report, slides
  • Earn LILA tokens for performance and reputation
  • Earn BOSKE signed badges for your Linkedin
  • Keep learning, become a mentor or find a job with us

TableOfContents

Before we start - DeFi Tooling

DeFinition:

DeFi History:

What are DApps

See here some cool resources to start exploring for yourself:

Some extra resources:

YEARN.FINANCE https://yearn.finance/ https://github.com/yearn/yearn-finance

How can we explore the Blockchain

When interacting with DeFi applications it is important to understand how to read the blockchain and see and verify your actions, here some of my favorite block explorers.

We will mostly use Etherscan throughout the course

Install MetaMask

Please install Metamask and be sure to back-up the private key:

What is DeFi

DeFi vs CeFi

Some interesting reading material:

Slides:

Origin & Future of DeFi

Some interesting reading material:

Slides:

Financial risk in DeFi

Some interesting reading material:

All DeFi services are subject to smart contract risk. A bug in the smart contract can place your funds at risk, which has happened in the past.

Flash Loans

Maker DAO Core dev talking about the risk in DAI

After this recording we had a huge crash in the markets the Maker DAO protocol had some technical issues due to Etherum network congestion, price drops and oracle issues ... Basically the perfect storm read here a good recap of what happened.

Slides:

DeFi is financial lego - Maker DAO, Compound, Zerion, Totle

Some interesting reading material:

Slides

DeFi Ecosystem - Discussion

I would like you to explore the DeFi ecosystem for yourself and challenge you to spot new projects in the DeFi space that need to be included in my DeFi Ecosystem overview.

The DeFi Digital Finance Stack

Decentralized Exchanges - Radarrelay, Loopring, DyDx, Uniswap, Kyber Network

Some interesting reading material:

Some interesting Decentralized Exchanges (DEX’s)

Slide deck:

Decentralized Stablecoins - DAI, USDT, USDC

Overview of stable coins

Why is DAI the most used in the DeFi space?

Slides:

Decentralized Money markets - Compound, CDPs, Maker DAO, Oasis

Some interesting reading material:

Slides:

Decentralized Synthetics - UMA, Synthetix, Maker DAO

Some interesting reading material:

Slides:

Decentralized Insurance - Nexus Mutual, Opyn, Convexity

Nexus Mutual

Opyn

Smart contract hacks

Slides:

DeFi Protocol Deep Dive

Maker DAO

Marker DAO fundamentals

Maker DAO Tooling

Some questions on how to setup a test network?

Start building with Maker DAO

Competing/adding value building blocks

Slides:

Compound

Compound fundamentals

Interacting with Compound

Deeper into DeFi lending/borrowing

Slides:

#Assignments

Using the DAI savings rate - Assignment

DeFi Protocol Deep Dive Let's put what we have learned into practice and open a maker CDP mint some DAI tokens then let's park these DAI tokens into compound, Chai or Oasis or if you just want to test use the kovan Etherum network

When locking Etherum in a Maker DAO CDP and then borrowing you collateral to another protocol do you see any interesting market opportunities? Or do you have any cool ideas of new building blocks that we can build together let's discuss it in this forum thread.

Keep learning - Assignment

Next Step Now it is time to find your own comfort zone and dive deeper into the DeFi ecosystem and explore its possibilities. Start looking for cool arbitrage opportunities or see what new DeFi building block you want to build?

Let's keep discussing all interesting DeFi projects in the forum and let's see how we as a whole can strengthen this new parallel financial system.

Let's maintain our DeFi Ecosystem overview together.


DeFi 201

Did you get excited and need some help with a DeFi project checkout: https://venten.co always happy to hear about exciting new projects or help you out with some Yield Hacking strategies. It is time to build a new financial system!

Prerequisites

We recommend to first fully complete DeFi 101 before diving deeper in DeFi 201. Also when we will start yield hacking and Flash Loan programming a basic understanding of Blockchain, Bitcoin, Etherum, Solidity, and trading is needed.

We recommend you first follow the following course before starting DeFi 201:

  • DeFi 101
  • Ethereum Smart Contract Programming 101
  • Blockchain & Bitcoin 101
  • Algorithmic Trading & Technical Analysis

The State of DeFi

What is happening in DeFi

Access to an open and privacy preserve financial system is a basic human right

BlackRock Takes Command SOMETHING NEEDS TO CHANGE!

DeFi Wiki

Andreas antonopoulos DeFi QA

The Internet of Money V3

There's nothing like a market crash & global pandemic to expose the weak points of legacy financial systems.

Must watch:

Some of the talks I found most interesting:

List of ETH events during COVID-19 most of them are all free to watch online now :O

Slides:

Lets take a look on chain data

DeFi Watch

Aleth

DeFi Dashboard:

The Q1 2020 DeFi rapport:

AAVE Watch

Institutions are coming to Ethereum as DeFi works to make them irrelevant

Get a good view of the full DeFi ecosystem:

The Single-Collateral Dai (Sai) Shutdown

See here more in depth discussion:

The official proposal:

The Crypto Credit Report Q4 2019 *https://reports.credmark.com/TheCryptoCreditReport-q4-2019.pdf

Slides:

Black Thursday 12-03-2020

Black Thursday recaps

Q1 2020 quarterly lending report

March 12: The Day Crypto Market Structure Broke (Part 1 & 2)

DeFi 2020 setbacks so far:

DeFi Security

DeFi Status Report Post-Black Thursday

Slides:

Maker DAO during Black Thursday part 1

Recent Market Activity and Next Steps

3 Things DeFi can learn from the Financial Crisis

Maker DAO Keeper Pool

Docs

The first MIP (Maker Improvement Proposals)

March 12: The Day Crypto Market Structure Broke (Part 1 & 2)

Zero Knowledge technology -Disintermediation without decentralization *https://medium.com/@xmargintrading/zero-knowledge-technology-disintermediation-without-decentralization-f2f2b77a27f1

Operational resilience: concepts, design and analysis

DeFi Explore

DeFi Status Report Post-Black Thursday

Slides:

Maker DAO during Black Thursday part 2

Recent Market Activity and Next Steps

3 Things DeFi can learn from the Financial Crisis

Maker DAO Keeper Pool

Docs

The first MIP (Maker Improvement Proposals)

March 12: The Day Crypto Market Structure Broke (Part 1 & 2)

Zero Knowledge technology -Disintermediation without decentralization

Operational resilience: concepts, design and analysis

DeFi Explore

DeFi Status Report Post-Black Thursday

Slides:

DeFi Ecosystem - Discussion

The State of DeFi

I would like to invite you to explore the DeFi ecosystem by yourself. I did this as well and made a short DeFi Ecosystem Overview (I did this paper for ongoing personal research into a DeFi/CeFi Bridge I want to build). I would encourage all to do something similar and see what elements in the decentralized financial stack attract you the most.

A Token Curated Registries (TCR) with interesting WEB 3 projects has been created: https://everest.link/ contribute to the ecosystem by contributing to this TCR with your input. It is hard to keep lists a TCR model is a popular crypto economic primitive. Wanne learn more about TCR’s check: https://transform.eoi.digital/token-curated-registries/

Blockchain-based Financial Markets

The Decentralized Finance Stack

Blockchain-based Financial Markets

Codefi Announcement - #EtherealTLV Presentation

On Blockchain- and Smart Contract-based Financial Markets

Blockchain disruption and decentralized finance: The rise of decentralized business models

Big companies are jumping into CodeFi

Lex Sokolin (Global Fintech Co-Head, ConsenSys) announces #Codefi at Ethereal Tel Aviv

How to make DeFinancial products work for you

The Great DeFi Filter

Blockchain disruption and decentralized finance: The rise of decentralized business models

Solidity v/s Move v/s Clarity: the battle of Smart Contract languages

German Neobank Offers Bitcoin Accounts With 4.3% Interest

Slides:

Settlement Assurances and the Protocol Sink

Blockchain-based Financial Markets It’s the settlement assurances, stupid

On Blockchain- and Smart Contract-based Financial Markets

His DeFi paper:

Blockchain disruption and decentralized finance: The rise of decentralized business models

Settlement Assurances and the Protocol Sink Thesis

Staking Will Turn Ethereum Into a Functional Store of Value

DeFi User Survey — The results & insights

Slides:

DeFi digital finance stack - Discussion

Blockchain-based Financial Markets

Similar to DeFi 101 I want to challenge you to explore the DeFi digital finance stack to spot new building blocks that are essential to the DeFi digital finance stack. As you see we need a very multitalented pool of people to make this movement into a reality so find your comfort zone in the DeFi stack and become an expert and gain unfair knowledge advantages.

Since it is DeFi 201 Let's dive a bit deeper and let's take our forum discussions to the next level let's read some in-depth scientific articles and let's voice our opinions, ideas, and feedback.

On Blockchain- and Smart Contract-based Financial Markets

Blockchain disruption and decentralized finance: The rise of decentralized business models

Let's take our discussion to the next level. I'm looking forward to debating you on the forum

I did this paper for ongoing personal research into a DeFi/CeFi Bridge I want to build here: DeFi Ecosystem Overview I recommend everyone to also start making a paper like this when you have an idea/project or new career path you want to build.

Real world Assets on the Blockchain

DeFi needs real world assets Part 1

Real world Assets on the Blockchain

Money Laundry: The Rise of the Crypto Sock Market

Bounding curves

We Need to Expand Access to $256 Trillion in Real-World Assets

Let’s buy some wine

Collateral Status Index

DeFi Whale hunting

ETH and BTC are Economic Bandwidth

DeFi Needs More Value

Ether: A New Model for Money

Seems like we just unlocked another branch on the tech tree.

Open Sea

DeFi Watch

DeFi Explore

RealT

Example: https://v1.uniswap.info/token/0xe5f7ef61443fc36ae040650aa585b0395aef77c8

Unique Asset Technology

Slides:

DeFi needs real world assets Part 2

Real world Assets on the Blockchain

Money Laundry: The Rise of the Crypto Sock Market https://medium.com/frst/money-laundry-the-rise-of-the-crypto-sock-market-f979aafc3796

Bounding curves https://blog.relevant.community/bonding-curves-in-depth-intuition-parametrization-d3905a681e0a

We Need to Expand Access to $256 Trillion in Real-World Assets https://futurism.com/need-expand-access-256-trillion-real-world-assets

Let’s buy some wine https://www.wiv.io/will-2020-be-the-year-that-fine-wine-trading-moves-online/

Collateral Status Index https://forum.makerdao.com/t/collateral-status-index/2231

DeFi Whale hunting https://www.crowdcast.io/e/defi-discussions/25

ETH and BTC are Economic Bandwidth https://bankless.substack.com/p/eth-and-btc-are-economic-bandwidth

DeFi Needs More Value https://bankless.substack.com/p/defi-needs-more-value

Ether: A New Model for Money https://bankless.substack.com/p/ether-a-new-model-for-money

Seems like we just unlocked another branch on the tech tree. https://bankless.substack.com/p/ethereums-tree-of-life-market-monday

Open Sea https://opensea.io/

DeFi Watch https://defiwatch.io/

DeFi Explore https://defiexplore.com/

RealT https://realt.co/

Example: https://v1.uniswap.info/token/0xe5f7ef61443fc36ae040650aa585b0395aef77c8

Unique Asset Technology https://www.wiv.io/fine-wine-as-digital-collectibles-faq/

Slides: https://docs.google.com/presentation/d/1fIWMRPtWjBWgUDMI6hueoEeRpFpXanCLm-yZoUzee7E/edit?usp=sharing

TheArt Exchange

Real world Assets on the Blockchain

The Art Exchange

Welcome to The Art Exchange!

The Art Exchange released Art Oracles for Decentralized Finance

Slides:

Centrifuge Part 1

Real world Assets on the Blockchain

How DAI gets to $300B

Introducing Decentralized Asset Finance: Onboarding the World to DeFi

Centrifuge, MakerDAO - Tokenized Real World Assets In DeFi with Tinlake

What is Invoice Financing?

ConsolFreight and Centrifuge

DeFi in the Coronavirus Pandemic: From Blockchain to the Supermarket

How We Worked With Centrifuge And The Maker Foundation To Advance $60,000 Worth Of Spotify Revenue

The OS for the Financial Supply Chain with Lucas Vogelsang

Freight Shipping Invoices originated by ConsolFreight:

Music Streaming Royalties by Paperchain:

Centrifuge Chain — the Gateway for Real-World Assets to the Blockchain Multiverse

Shottle One + Centrifuse

Centrifuse

Centrifuge Tinlake: Adding real-world assets to MCD.

Bridging Real-World Assets to DeFi (Online Panel Discussion)

Polkadot, Substrate and Ethereum

Built on Substrate: Centrifuge Chain

Slides:

Centrifuge Part 2

Real world Assets on the Blockchain

How DAI gets to $300B

Introducing Decentralized Asset Finance: Onboarding the World to DeFi

Centrifuge, MakerDAO - Tokenized Real World Assets In DeFi with Tinlake

What is Invoice Financing?

ConsolFreight and Centrifuge

DeFi in the Coronavirus Pandemic: From Blockchain to the Supermarket

How We Worked With Centrifuge And The Maker Foundation To Advance $60,000 Worth Of Spotify Revenue

The OS for the Financial Supply Chain with Lucas Vogelsang

Music Streaming Royalties by Paperchain:

Centrifuge Chain — the Gateway for Real-World Assets to the Blockchain Multiverse

Shottle One + Centrifuse

Centrifuse

Centrifuge Tinlake: Adding real-world assets to MCD.

Bridging Real-World Assets to DeFi (Online Panel Discussion)

Polkadot, Substrate and Ethereum

Built on Substrate: Centrifuge Chain

Slides:

Get Real world Assets on the BlockChain - Assignment

Real world Assets on the Blockchain For the overall ecosystem growth, it is important that more users start to understand, trust, and use protocols that interface real-world assets (RWA) with blockchain. Let's make this the new normal ;) I assign all to find interesting new protocols that interact with the real world and show proof of purchase in the forum thread. For now, you can use https://opensea.io/assets/wiv but soon many more will follow.

Also, there is an ongoing debate if we need to be whitelisted KYC/AML embed in a token/protocol to make Real-World Assets on the BlockChain work. what do you think? In my opinion, we should strive towards a system where KYC/AML is not needed since I see Access to an open and privacy preserve financial system is a basic human right

If you find any new protocols that bring real-world assets to the blockchain, let's list them on the forum and discuss their technical architecture of how they bridge CeFi/DeFi.

Become your own hedge fund

What is a hedge fund? Part 1

Become your own hedge fund Hedge Fund

Long Position vs. Short Position: What's the Difference?

When Genius Failed

Rajat Gupta insider trading cases

Opium Network

Slides:

What is a hedge fund? Part 2

Become your own hedge fund Hedge Fund

Long Position vs. Short Position: What's the Difference?

When Genius Failed

Rajat Gupta insider trading cases

Opium Network

Slides:

Interest Rate Swaps part 1

Become your own hedge fund Interest Rate Swap Definition

Credit Default Swap (CDS) Definition

Why Decentralized Finance totally needs interest rate swaps!

Earning passive income: DeFi and CeFi

Interest Rate Swaps: now for Aave! Hedge yourself or trade with 10x leverage…

How to: make 10x returns on Compound.finance

ERC-721o: a token standard for financial derivatives

Slides:

Interest Rate Swaps part 2

Become your own hedge fund Interest Rate Swap Definition

Credit Default Swap (CDS) Definition

Why Decentralized Finance totally needs interest rate swaps!

Earning passive income: DeFi and CeFi

Interest Rate Swaps: now for Aave! Hedge yourself or trade with 10x leverage…

How to: make 10x returns on Compound.finance

ERC-721o: a token standard for financial derivatives

Slides:

A DeFi Hedge fund part 1

Become your own hedge fund How to Start a Hedge Fund (CeFi)

Melon Port

The initial team were all selected for a range of unique reasons described by Melonport’s CTO Jenna Zenk at M1. If you’d like to read more about Melon’s governance, you can find out more here You can read more about this in our Melonomics series part I & part II ASH Finance on the Melon Stack

Prime XBT

Multichain asset managers association

Token Sets

SW Capital

Leveling the Playing Field with Decentralized Finance

Interview with Mona El Isa CEO and Co-Founder at Melonport https://defiprime.com/melon-protocol

BE Token

Slides:

A DeFi Hedge fund part 2

Become your own hedge fund How to Start a Hedge Fund (CeFi)

Melon Port

The initial team were all selected for a range of unique reasons described by Melonport’s CTO Jenna Zenk at M1. If you’d like to read more about Melon’s governance, you can find out more here You can read more about this in our Melonomics series part I & part II ASH Finance on the Melon Stack

Prime XBT

Multichain asset managers association

Token Sets

SW Capital

Leveling the Playing Field with Decentralized Finance

Interview with Mona El Isa CEO and Co-Founder at Melonport

BE Token

Slides:

Yield Hacking Part 1

Become your own hedge fund You can check recommended gas prices on ⛽ EthGasStation, Or read 📑 EthHub Docs on Ethereum Transactions to learn more about gas.

"Automated Liquidity" by Hayden Adams, Uniswap | Fluidity 2019

Understanding Uniswap Returns

Uniswap: A Good Deal for Liquidity Providers?

How to make DeFinancial products work for you

sUSD Curve pool vulnerability & next steps

Beginner’s Guide to FURUCOMBO

Introducing Strike — Decentralized Perpetual Swaps for Every Asset

ParaSwap quickstart: everything you need to know to swap like a pro

Zapper Dashboard

DeFi ZAP

Uniswap pool stats

Token Setstats

Slides:

Yield Hacking Part 2

Become your own hedge fund You can check recommended gas prices on ⛽ EthGasStation, Or read 📑 EthHub Docs on Ethereum Transactions to learn more about gas.

"Automated Liquidity" by Hayden Adams, Uniswap | Fluidity 2019

Understanding Uniswap Returns

Uniswap: A Good Deal for Liquidity Providers?

How to make DeFinancial products work for you

sUSD Curve pool vulnerability & next steps

Beginner’s Guide to FURUCOMBO

Introducing Strike — Decentralized Perpetual Swaps for Every Asset

ParaSwap quickstart: everything you need to know to swap like a pro

Zapper Dashboard

DeFi ZAP

Uniswap pool stats

Token Setstats

Slides:

Yield Hacking Strategy - Discussion

Become your own hedge fund As we all got this far I assume we understand we need to become our own bank but as said at the start we can go deeper than that. By becoming your own Bank you also have the freedom to manage your own funds and thanks to DeFi we now all have financial superpowers and capabilities that are normally only for the 1%. Let's use our new knowledge wisely and discuss, explore, and test Yield Hacks together. As Andrey Explained to us always be aware of the risk you're taking or trading with, do not be too greedy and ignorant.

Let's start an in-depth forum discussion on cool Yield Hacking Strategy I will be publishing some of my personal strategies soon: * https://forum.ivanontech.com/t/become-your-own-hedge-fund-yield-hacking-strategy-discussion/16638

Lets hack Flash Loans

What is a Flash loan? part 1

Lets hack Flash Loans

The Flash Loan Attacks Explained (for Everybody)

Should Flash Loans be considered harmful?

Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack

How Decentralised is bZx?

Announcing DeFi Audits & The Holistic bZx Post-Mortem)

Flash Loans: Why Flash Attacks will be the New Normal

Flash Loans, one month in

Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit

The Decentralized Financial Crisis: Attacking DeFi

bZx Exploiter contract

bZx Hack Full Disclosure (With Detailed Profit Analysis)

A First Look into DeFi Oracles

Atomic Transactions (Explained by Example)

Linearizability (Explained by Example)

Exploiting The Laws of Order in Smart Contracts

Atomicity (database systems)

Linearizability

M. Herlihy and J. M. Wing, “Linearizability: A correctness condition for concurrent objects,” vol. 12, no. 3, pp. 463–492, 1990.

First Flash Lending proposal Article:

Slides:

What is a Flash loan? part 2

Lets hack Flash Loans

The Flash Loan Attacks Explained (for Everybody)

Should Flash Loans be considered harmful?

Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack

How Decentralised is bZx?

Announcing DeFi Audits & The Holistic bZx Post-Mortem)

Flash Loans: Why Flash Attacks will be the New Normal

Flash Loans, one month in

Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit

The Decentralized Financial Crisis: Attacking DeFi

bZx Exploiter contract

bZx Hack Full Disclosure (With Detailed Profit Analysis)

A First Look into DeFi Oracles

Atomic Transactions (Explained by Example)

Linearizability (Explained by Example)

Exploiting The Laws of Order in Smart Contracts

Atomicity (database systems)

Linearizability

First Flash Lending proposal

Program a Basics Flash Loan part 1

Lets hack Flash Loans

Github Repo

Performing a Flash Loan

AAVE Market:

ETH Kovan Faucet

AAVE Kovan Faucet

AAVE Kovan Pool address

AAVE Test net Kovan

Kovan DAI address

My Coding Journey: Beginner to Pro

Slides:

Program a Basics Flash Loan part 2

Lets hack Flash Loans

Github Repo

Performing a Flash Loan

AAVE Market:

ETH Kovan Faucet

AAVE Kovan Faucet

AAVE Kovan Pool address

AAVE Test net Kovan

Kovan DAI address

My Coding Journey: Beginner to Pro

Slides:

Program a Arbitrage Flash Loan part 1

Lets hack Flash Loans

What is an arbitrage?

Cryptocurrency Arbitrage: A Lucrative Trading Strategy

How to Arbitrage the Forex Market – Four Real Examples

Uniswap Whitepaper

Uniswap Docs

A Graphical Guide for Understanding Uniswap

Uniswap: Understanding the Decentralised Ethereum Exchange

Understand Uniswap Exchange in under 10 Minutes

Hayden Adams: Uniswap – An Automated Decentralized Exchange for Ethereum

Uniswap ROI calculator

Uniswap V1

Uniswap V2

Slides:

Program a Arbitrage Flash Loan part 2

Lets hack Flash Loans

What is an arbitrage?

Cryptocurrency Arbitrage: A Lucrative Trading Strategy

How to Arbitrage the Forex Market – Four Real Examples

Uniswap Whitepaper

Uniswap Docs

A Graphical Guide for Understanding Uniswap

Uniswap: Understanding the Decentralised Ethereum Exchange

Understand Uniswap Exchange in under 10 Minutes

Hayden Adams: Uniswap – An Automated Decentralized Exchange for Ethereum

Uniswap ROI calculator

Uniswap V1

Uniswap V2

Slides:

Create your own Arbitrage opportunity part 1

Lets hack Flash Loans

What is an arbitrage?

Cryptocurrency Arbitrage: A Lucrative Trading Strategy

How to Arbitrage the Forex Market – Four Real Examples

Uniswap Whitepaper

Uniswap Docs

A Graphical Guide for Understanding Uniswap

Uniswap: Understanding the Decentralised Ethereum Exchange

Understand Uniswap Exchange in under 10 Minutes

Hayden Adams: Uniswap – An Automated Decentralized Exchange for Ethereum

Uniswap ROI calculator

Uniswap V1

Uniswap V2

Slides:

Create your own Arbitrage opportunity part 2

Lets hack Flash Loans

What is an arbitrage?

Cryptocurrency Arbitrage: A Lucrative Trading Strategy

How to Arbitrage the Forex Market – Four Real Examples

Uniswap Whitepaper

Uniswap Docs

A Graphical Guide for Understanding Uniswap

Uniswap: Understanding the Decentralised Ethereum Exchange

Understand Uniswap Exchange in under 10 Minutes

Hayden Adams: Uniswap – An Automated Decentralized Exchange for Ethereum

Uniswap ROI calculator

Uniswap V1

Uniswap V2

Slides:

Flash loan assignment/discussion

Lets hack Flash Loans Now you have all the knowledge to execute Flash Loans by yourself. There is a lot of opportunity in the market that can result in massive gains but remember that every gain you generate is because you took a risk.

If you're feeling prompt go to our Github page and perform all three assessments and share your experiences and gains in the forum. The clones and code is set up on a first come first serve basis lets see how stable both Uniswap V1 and Uniswap V2 markets will get ;)

Github:

Uniswap V1:

Uniswap V2:

Also let's discuss all interesting use cases for Flash Loans today Flash Loans are mostly used for arbitrage. But flash loans have other more compelling use cases in DeFi. One example is refinancing loans. Say I have a Maker vault (CDP) with $100 of ETH locked in it, and I drew a loan of 40 DAI from it—so I’ve got a $60 net position minus my debt. Now say I want to refinance into Compound for a better interest rate. Normally I’d need to go out and repurchase that 40 DAI to close out my CDP, which requires some up-front capital. Instead, I can flash borrow 40 DAI, close out the $100 CDP, deposit $60 of my unlocked ETH into Compound, convert the other $40 of ETH back into DAI through Uniswap, and use that to repay the flash loan. Boom, atomic 0-capital refinancing.

Let me know the results of your assessment and let’s discuss Flash Loan use cases in the forum.

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Boske Course - Intro to DeFi

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