Introduction

In this DeFi course, you'll learn about stablecoins and how they maintain their peg to external assets.

We'll explore crypto wallet types like hot wallets (MetaMask) and cold wallets (Ledger). You'll create your own MetaMask wallet for hands-on experience.

For accessing DeFi, we'll cover on-ramps and off-ramps. Singaporeans will learn low-cost methods via StraitsX.

To understand DeFi apps, we'll learn about lending, staking, and passive income strategies.

Additionally, we'll study the history of DeFi, including the rise of Uniswap, Compound, and "DeFi Summer".

Let’s learn!

Read the resources provided while keeping in mind the learning objectives. There are 7 learning objectives, 1 hands-on exercise and a final section to test your knowledge.

<aside> 💡 Learning objective 1 Understand:

1. Types of stablecoins
2. Different ways to ensure that stablecoins maintain their peg
3. What are stablecoins used for in the crypto ecosystem </aside>

<aside> 💡 Learning objective 2 Understand the types of wallets available, notably

1. Hot wallet e.g. MetaMask
2. Cold wallet e.g. Ledger

There are also wallets like Torus that allows social login using Google, Facebook, Twitter or discord. These work differently using a technology by Web3Auth as part of the underlying infrastructure - we will not cover this in this section.

</aside>

<aside> 💡 Learning objective 3 Understand how funds enter (on-ramp) and leave (off-ramp) the Web3 ecosystem through various channels like exchanges and decentralised platforms.

</aside>

<aside> 👐 Hands-on time Learn to create a Metamask wallet Just follow the instructions after downloading

</aside>