How DeFi Works
How DeFi Works is for someone who already holds crypto in their own wallet and wants to understand what happens when a protocol takes it, before anything of theirs goes in. Six lessons work the machinery through with real numbers: what a protocol is made of and who can still change it, a swap, a liquidity deposit and a liquidation step by step, bridges and what you hold on the far side, and the five ways protocols have lost their users’ money. Lesson 1 is open to everyone; the other five come with The Crossover Pro.
Lessons in this course
1. What DeFi is, and who still holds power
Open to everyone
2. Swapping on a decentralized exchange
With The Crossover Pro
3. Providing liquidity
With The Crossover Pro
4. Lending and borrowing
With The Crossover Pro
5. Bridges and moving between chains
With The Crossover Pro
6. How DeFi goes wrong, and how to check a protocol
With The Crossover Pro