Practical Skills on Stablecoin Investment: Beginner

Name: Practical Skills on Stablecoin Investment: Beginner
Rating: 4.6 (32 reviews)

A quick course for everyone who wishes to start investment in stablecoins, from the basic concepts to practices.

Created byKane Deng

Last updated 4/2023

English

English [Auto],

What you'll learn

This course is non-technical. It's a hands-on course for practical skills required for investing in stablecoins, e.g. how to use certain DeFi platforms
This course will equip the students with basic knowledge of DeFi investing and its key components, such as types of stablecoins, use of stablecoins in Defi, etc
Furthermore, this course covers common information websites and how you should use them to perform investment analysis
This course aims to help retail investors and finance professionals within the traditional finance industry to navigate the world of stablecoin investin

Course content

8 sections • 35 lectures • 5h 50m total length

What's Stablecoins? The definition.9:34
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.
The market size of stablecoins5:01
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.
The professional management industry13:16
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.
Compared to money market and bond markets7:27
The session tackles how stablecoin DeFi investments are different compared to traditional fixed-income investments such as money market funds and bonds.
Regulations in general12:02
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.

Type of stablecoins12:52
The lesson here consists of how to classify stablecoins and what are the different categories of stablecoins.
USDT, USDC, and its risks13:49
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 .
DAI, MIM, MAI, YUSD, LUSD, alUSD, and its Risks14:34
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.
AMPL, BAC, FRAX, and its Risks13:10
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.
What happened to TerraUSD (UST) and LUNA9:14
This session covers all about the Terra Luna crash. It includes the timeline event, deep dive into $LUNA & $UST, and the damage report.

The use of stablecoins in defi8:24
Explore how stablecoins function in DeFi and gain beginner-friendly practical skills for incorporating them into decentralized finance investments.
Types of income can be generated by stablecoin investments8:12
Identify income streams from stablecoin investing: interest payments, trading and cross-chain fees, funding costs, derivative underwriting, and insurance premiums.
Lending: What's Aave14:21
AMMs and LP: What's Uniswap13:43
Aggregator: What's Yearn6:18
What's token rewards in DeFi?5:55
Explore what DeFi token rewards are, including liquidity provider and lending rewards, staking incentives, and governance tokens that drive participation.
What's ve model and Curve Finance?12:03
Learn curve finance, the largest stablecoin dex and market maker, and the v token model with CRV rewards, liquidity farming, and low slippage trading.
Aggregator: What's convex?9:38
Explore Convex Finance as a yield optimizer for stablecoins, learn how it boosts Curve Finance liquidity rewards, stake Cvcs, and govern with CVX tokens to maximize long-term yield.
Onchain derivatives: What's dydx?16:20
Explore on-chain derivatives and perpetual trading on a leading decentralized exchange. Learn about margin trading, high leverage, funding, and market making via a liquidity staking pool.
Fixed rate: What's notional?13:13
Explore notional's fixed-rate, fixed-term lending on ethereum using cash tokens and an adaptive AMM. Understand collateral ratios, liquidation risk, and governance via note tokens.

TVL11:25
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
APY, APR, and compounding10:16
The lesson here explains what Annual Percentage Yield and Annual Percentage Rate are in DeFi investing, and how they differ from each other.
Other conventional financial ratios: p/e, p/s, p/b6:28
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.

Defillama9:34
Explore Defi Llama, a cross-chain analytics dashboard tracking TVL, yields, and protocols across blockchains. Learn to use its yields, stablecoins, categories, and watchlists to monitor DeFi activity.
Token terminal9:20
Develop practical skills for beginner stablecoin investment by analyzing token terminal data and applying beginner-friendly strategies.
How to check a token on Etherscan?9:09
Master etherscan as a blockchain explorer for ethereum to verify token contracts, search erc20 and erc721 tokens, and study wallets and transactions with transparency and due diligence.
How to use DeBank?5:00
How to check a token on Coingecko?8:27

Requirements

Basic knowledge of cryptocurrency and blockchain technology

Description

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.

Who this course is for:

Retail investors and finance professionals within the traditional finance industry

Practical Skills on Stablecoin Investment: Beginner

What you'll learn

Explore related topics

Course content

What's Stablecoin?5 lectures • 47min

Types of stablecoins5 lectures • 1hr 4min

Direct investment strategies10 lectures • 1hr 48min

What's beyond Ethereum?2 lectures • 15min

How to assess the stablecoin investment risks?2 lectures • 22min

Basic Finance Knowledge Required for Stablecoin Investments3 lectures • 28min

Set-up for Small Companies or Individuals3 lectures • 24min

Common Information Websites5 lectures • 42min

Requirements

Description

Who this course is for: