The Complete DeFi—Decentralized Finance—Industry Labs

The Complete DeFi—Decentralized Finance—Industry Labs

by Clarian North
Released December 2023
Publisher(s): Packt Publishing
ISBN: 9781835460764

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Video description

Step into the dynamic realm of Decentralized Finance (DeFi), a revolutionary concept reshaping traditional financial systems. In this course, discover the fundamental principles underlying DeFi, its disruptive potential, and the transformation it brings to financial landscapes globally.

Throughout this comprehensive journey, we will navigate DeFi principles from their foundations to advanced hands-on labs. Unravel the intricacies of blockchain and delve into the inner workings of Polygon's advanced architecture, encompassing Bitcoin and Ethereum technologies. Whether a novice or seasoned professional, this course caters to all proficiency levels without the need for prior programming experience.

Learn the core aspects of DeFi protocols and their applications, understand the complexities of blockchain fundamentals, and explore the macro socio-economic impact of DeFi within the finance industry. Engage in hands-on projects, reinforcing theoretical knowledge with practical blockchain labs, and develop skills in deploying smart contracts.

By the end of this course, you will be equipped with a profound understanding of DeFi and blockchain technology. You will confidently navigate DeFi protocols, comprehend Polygon's intricate blockchain architecture, and master the deployment of smart contracts.

What you will learn

  • Gain in-depth insights into Polygon’s advanced blockchain
  • Recognize and evaluate functionalities within diverse DeFi protocols
  • Construct a foundational understanding of blockchain’s inner workings
  • Explore Zero-Knowledge Proofs’ role in blockchain technology
  • Grasp the intricacies of compiling smart contracts’ low-level instructions
  • Develop and deploy smart contracts without coding experience

Audience

This course caters to a diverse audience, welcoming finance and tech enthusiasts seeking to explore the transformative landscape of Decentralized Finance (DeFi). It’s ideal for finance professionals, blockchain experts, and business or finance students eager to delve into DeFi protocols and blockchain technology. No prior computer science knowledge is necessary. Basic familiarity with financial concepts is beneficial but not mandatory.

About the Author

Clarian North: Clarian North is a recognized industry-certified instructor, CEO of Orbital LLC, and a senior project engineer with over 90K enrolments worldwide. His students have gone on to work for some of the biggest production companies such as Universal, Google, Amazon, Warner, and the BBC. He has contributed to viral streams, grown a unique digital imprint in over 80 countries, and been featured in Rolling Stone, Billboard, Guardian, Bloomberg, and Vice.

He has worked for majors, indies, and international publishing houses, including Grammy-nominated and award-winning productions, mixing for Emirates Airline Inflight Radio, and producing for Kompakt Records. He is dedicated to giving accessible and comprehensive tech courses, teaching complex subject matter with clear and example-based explanations, and guiding students through complex techniques with just a computer and free software.

Table of contents

  1. Chapter 1 : Blockchain Basics - Decentralized Digital Ledger Fundamentals
    1. Welcome: Introduction to This DeFi Course
    2. What Is Blockchain for Noobs
    3. What Is Layer 1 and Layer 2 in Blockchain
    4. Why Are We Learning DeFi with Polygon
    5. Layer 2 Solutions for Ethereum
    6. Polygon Bridges Versus Sidechains
    7. Polygon Rollups Versus Sidechain
    8. The Polygon Sidechain
  2. Chapter 2 : Decentralized Finance Key Concepts
    1. What Is DeFi?
    2. Lending and Borrowing with DeFi
    3. CEXs Versus DEXs - Centralized Versus Decentralized Exchanges
    4. What Are Stablecoins?
    5. Case Study Stablecoins - TerraLabs and UST Rise and Fall
    6. What Are Cryptocurrencies and Tokens?
    7. Are All Cryptocurrencies Securities by Default Except for Bitcoin?
    8. What is the ERC 20 Standard?
    9. Introduction to NFTs - ERC721 Standard – Non-Fungible Tokens
    10. NFT Case Studies
  3. Chapter 3 : Polygon Architecture – Industry-Level Web3 Case Study
    1. Proof of Work Versus Proof of Stake Brief Outline
    2. Polygon BOR - A Checkpoint for Ethereum Mainchain
    3. Heimdall Polygon - The Layer 2 Chain Within the Polygon Network
    4. Polygon Smart Contracts and Deployments with Ethereum Main Net
    5. Polygon Architecture Summary - A Deeper and More Condensed Dive
  4. Chapter 4 : What Are CBDCs - Central Bank Digital Currencies
    1. An Introduction to This Section
    2. Basic Definition of CBDCs
    3. Expanded Definition of CBDCs
    4. Roots and Emergence of CBDCs
    5. The Monetary Agenda of CBDCs
    6. Introduction to the Money Flower
    7. General Purpose Versus Wholesale CBDCs
    8. General and Wholesale CBDCs Uncovered
    9. International Interest and Piloting for CBDCs
    10. CBDCs Versus Crypto
    11. CBDCs Versus Bitcoin - Pros and Cons
  5. Chapter 5 : DeFi Labs - Learning Hands-On Decentralized Finance with Smart Contracts
    1. Setting Up an IDE with REPLIT
    2. What Is MetaMask - Setting Up Your First MetaMask Wallet
    3. Setting Up the Mumbai Testnet Network to MetaMask with Infura
    4. Fork Starter Project
    5. Transfer Matic Test Tokens with the Polygon Network
    6. Smart Contract Reviews and Fundamentals (Non-Technical)
    7. Deploy Your First Smart Contract with Polygon
    8. Deploy DeFi-Based DApp Smart Contracts
    9. Add Your Own Token to a MetaMask Wallet
    10. Tokenomics Fundamentals and Case Study Scenarios with Eth
    11. Minting Tokens
    12. Fundamentals Mechanisms for DeFi Applications
    13. Final Lab: DeFi Smart Contract Interactions
  6. Chapter 6 : The Ethereum Virtual Machine (NFTs Under the Hood)
    1. What Is a Virtual Machine (Basic Introduction)
    2. What Are Smart Contracts - Ethereum and Solidity
    3. Optional - Advanced - Introduction to Opcodes for the EVM
    4. How Contract Storage Works with Ethereum Smart Contracts
    5. Optional - Advanced - Opcodes Allow the EVM to Compute Almost Anything
    6. Review - What Is the Ethereum Virtual Machine
  7. Chapter 7 : The ZK Rollups Complete Introduction
    1. Introduction to Zero Proof Knowledge
    2. Defining A ZK Rollup Within Blockchain Technology
    3. Polygon Specification for Ethereum Compatibility
    4. ZK Rollups and ZKEVM Summary
  8. Chapter 8 : Deeper Dive into What Is a DApplication with More Examples
    1. What Is a DApp - Basic Definition
    2. DApp - The Problem-Solving Statement
    3. How Does a DApp Fundamentally Work
    4. What Are the Benefits of DApps
    5. DApp Vulnerabilities
    6. Examples of DApps
    7. OpenSea - Functionality Case Study
    8. DApp Overview

Product information

  • Title: The Complete DeFi—Decentralized Finance—Industry Labs
  • Author(s): Clarian North
  • Release date: December 2023
  • Publisher(s): Packt Publishing
  • ISBN: 9781835460764