Practical Skills on Stablecoin Investment: Beginner
- Description
- Curriculum
- FAQ
- Reviews
This course covers the basic concepts of using stablecoins as investments to earn passive income. Investments in stablecoins do not take market price risks, or is often known as delta-neutral. This course does not cover the basics of blockchain, but rather focuses on the practical skills and concepts of the basic DeFi protocols like Curve and Uniswap, for uses to get started on the investment process.
The course structure covers:
1) What’s stablecoins and types of stablecoins
2) Typical DeFi protocols related to stableccoin investments
3) Assess stablecoin risks
4) The financial knowledge required for stablecoin investment
5) Security set-up (Ledger or multi-sig)
6) Informational websites
The course does not require any prior knowledge in blockchain or finance. But it will good to understand and be familiar with the use of Metamasks and basic interactions with smart contracts via website UIs. Similarly, it does not require prior financial knowledge, but it will be relevant if the user understands the common terms in investments, such as AUM, revenue, interest rates, etc.
This course is not a financial advice or recommendation of investment in cryptocurrency. Despite being delta-neutral, investments in stablecoins are also investments in cryptocurrency and carry the risks similar to any other blockchain or cryptocurrency projects. This course intends to be informational and gets the users the basic understanding of the industry, before they seek professional advices or study further into this field.
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1
What's Stablecoins? The definition.This session covers the basics of stablecoins including the definition of a stablecoin, what makes them stable, and the benefits of using them. It also tackled the difference between stablecoins and traditional cryptocurrencies like Bitcoin, and what is the most popular stablecoin in the market today.
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2
The market size of stablecoins
The second session discusses the total stablecoin supply, the supply of each type of them such as fiat-backed, crypto-backed, and algorithmic stablecoins, and more.
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3
The professional management industry
The lesson talks about the 2022 annual global crypto hedge fund report by PWC and additional reports about traditional investment firms entering the cryptocurrency space.
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4
Compared to money market and bond markets
The session tackles how stablecoin DeFi investments are different compared to traditional fixed-income investments such as money market funds and bonds.
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5
Regulations in general
The session shows the current state of crypto regulations in five big economies such as the United States, the European Union, China, Japan, and the United Kingdom.
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6
Type of stablecoins
The lesson here consists of how to classify stablecoins and what are the different categories of stablecoins.
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7
USDT, USDC, and its risks
The lesson will give you a closer look into fiat-backed stablecoin such as USDT and USDC, and also tell you the risks of using such stablecoins .
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8
DAI, MIM, MAI, YUSD, LUSD, alUSD, and its Risks
The session composes of examples of overcollateralized stablecoins that have multiple collaterals like DAI, MIM, MAI, & YUSD. It also covers single collateral stablecoins such as LUSD and alUSD. The benefits & drawbacks of such stablecoins were also discussed.
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9
AMPL, BAC, FRAX, and its Risks
The lesson here includes defining and giving examples of each type of algorithmic stablecoins such as rebase model, seigniorage model, and fractional model. The pros and cons of algorithmic stablecoins are covered in this lesson too.
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10
What happened to TerraUSD (UST) and LUNA
This session covers all about the Terra Luna crash. It includes the timeline event, deep dive into $LUNA & $UST, and the damage report.
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11
The use of stablecoins in defi
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12
Types of income can be generated by stablecoin investments
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13
Lending: What's Aave
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14
AMMs and LP: What's Uniswap
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15
Aggregator: What's Yearn
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16
What's token rewards in DeFi?
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17
What's ve model and Curve Finance?
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18
Aggregator: What's convex?
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19
Onchain derivatives: What's dydx?
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20
Fixed rate: What's notional?
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21
Uncollateralised lending: What's Truefi?
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26
TVL
The session shows you what Total Value Locked (TVL) means, why is it important in DeFi, the current blockchain and DeFi protocol that have the highest TVL, and some TVL Metrics to use
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27
APY, APR, and compounding
The lesson here explains what Annual Percentage Yield and Annual Percentage Rate are in DeFi investing, and how they differ from each other.
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28
Other conventional financial ratios: p/e, p/s, p/b
The lesson here covers the conventional financial ratios counterpart in DeFi which are the Price-to-Sales ratio and the Price-to-Fees ratio, and how investors in DeFi should use them.
