Back to Decentralized Finance (DeFi) Primitives
Learner Reviews & Feedback for Decentralized Finance (DeFi) Primitives by Duke University
461 ratings
About the Course
DeFi and the Future of Finance is a set of four courses that focus on decentralized finance. The second course is called DeFi Primitives. It is recommended that you take the first course, DeFi Infrastructure, before this course. In this course, we talk about transaction mechanics and introduce both fungible and non-fungible tokens – or NFTs. The course explores the important issue of custody (holding private keys). The course then explores supply adjustment which includes the minting and burning of tokens. The mechanics of bonding curves are introduced. The course then explores the role of direct as well as indirect incentives in the DeFi system. We then analyze swaps or decentralized exchange. We begin by contrasting DEX with centralized exchange (e.g., Coinbase or Binance). The course details the mechanics of Automated Market Makers and provides a number of detailed examples. There is a discussion of impermanent loss as well as (legal) front-running. We end the course by exploring both collateralized and flash loans.
Top reviews
TH
Aug 30, 2024
The AI help tool was also nice to stay involved. With attention deficit I struggle with focus but I am working on it.
SP
Jul 12, 2022
I like the way the professor communicates in this course. He is very clear and I can understand him. Thank-you.
Filter by: