
Decentralized Finance (DeFi) has already existed since 2018, but it has recently witnessed a surge in popularity in the first half of 2021 with no ceiling in sight. Use this book to gain insight into the novel financial innovations enabled by DeFi. Join us in this exciting adventure of redefining finance.

Decentralized Finance is taking over the world. Learn how to get started and join the revolution.

How to DeFi: Advanced


Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. This updated version of How To DeFi is a must-read book for anyone looking to learn DeFi. It is packed with simple explanations and step-by-step guides to help you understand and get started in this fast-developing ecosystem.

How to DeFi


Cipher Shastra is a playground where anyone can enhance their Security Skills by solving and learning from CTF like challenges. 

The playground is open source and anyone can contribute challenges to it
Twitter: @ciphershastra

Cipher Shastra


Wriggly is a web3 learning platform to practice smart contract coding challenges and enhance your blockchain skills.

Wriggly wants to change the way blockchain talent is assessed and create a collaborative platform for developers to learn.

Wriggly is a web3 learning platform to practice smart contract coding challenges and enhance your blockchain skills.

Wriggly


This course is for students wishing to explore blockchain technology’s potential use—by entrepreneurs & incumbents—to change the world of money and finance.

Kicking off with a review of the technology’s initial application, the cryptocurrency Bitcoin, students will gain an understanding of the commercial, technical and public policy fundamentals of blockchain technology, distributed ledgers and smart contracts in both open sourced and private applications.

The class will then turn to current and potential blockchain applications in the financial sector. This will include reviews of potential use cases for payment systems, central banking, venture  capital, secondary market trading, trade finance, commercial banking, post trade possessing and digital ID.

Along the way, we will explore the markets and regulatory landscape for cryptocurrencies, initial coin offerings, other tokens and crypto derivatives.

This course is for students wishing to explore blockchain technology's potential use—by entrepreneurs and incumbents—to change the world of money and finance.

Blockchain and Money


The purpose of this class is to bring together students and interdisciplinary experts in Computer Science and Finance to discuss the emerging area of Decentralized Finance (or DeFi). DeFi has experienced an unprecedented growth, with hundreds of projects and a countless stream of financial, distributed systems, and blockchain innovations. The total value locked (TVL) in decentralized finance — a measure of the total value of assets committed to the DeFi ecosystem — has reached over $80 billion. When compared to the traditional centralized finance (CeFi), DeFi offers products and services serving similar financial goals, but critically innovates with novel capabilities such as instantaneous multi-billion USD flash loans. By utilizing blockchain and smart contract technologies, DeFi as a whole aims to provide a new platform for programmable, automated finance services that remove the reliance on central trust and intermediaries.

Our goal is to provide a framework to understand this new area of financial services. For each finance function, we will consider 1) the current intermediated structure, and then b) the DeFi version (actual or proposed) that fulfills the function. Is either one of these optimal? We will evaluate both through the lens of CS and finance. Is the application computable (efficiency, decidable), programmable (automatic)? Is the application welfare-enhancing and stable (not a source of systemic risk). How do the new and old systems interact? We aim for the students to be able to critically evaluate whether a new DeFi protocol is novel and practical. We further will capture the security danger in DeFi, as well as their impact on the underlying consensus security. Lastly, we hope to give an insight into how to program and structure secure and incentive-compatible DeFi applications.

Through the exposure to cutting-edge research as well as remaining open challenges, we hope for our students to quickly integrate into academic as well as industrial projects related to DeFi.

Summarizing, we will cover a broad spectrum of topics, including:

- A comprehensive introduction covering a computer science and finance background required for the remainder of the course. We will discuss the basics of decentralized systems, permissionless blockchains, consensus, smart contracts and contrast DeFi to traditional finance.

- We will cover the computer science and economic aspects of DeFi assets, and how they link to CeFi through stablecoins. The course will elaborate on DeFi asset exchanges and contrast the traditional limit order book models to automated market makers. Just like in CeFi, debt and derivatives play a fundamental role in DeFi. We’ll dive into the various debt models, such as under- and over-collateralized debt, as well as synthetic assets in DeFi. Insurances, portfolio management and prediction markets form equally crucial elements to a decentralised economy as we will elaborate on. Last but not least, we will show different attempts at measuring and tracking systemic risk and its computability.

- To link blockchains with financial information from the real-world, we will provide a deep-dive into oracles. We will discuss decentralized reputation, identities and proof of properties. Because most DeFi is transparently readable, including transaction amounts, fees, dates/times, etc, privacy plays an increasingly important role in DeFi. We will cover various privacy technologies including zero-knowledge proofs and their applications in DeFi. We will also discuss various attempts at how to enforce data ownership, data monetization and valuation as well as controlled use and misuse of data.

- A digital economy would not thrive without strong security. We will outline the many past security attacks, introspect a few of them in closer detail and provide recommendations on how to strengthen DeFi security. We will discuss the systemic risks stemming from Miner Extractable Value (MEV) and how MEV can be minimized by design. Decentralized governance provides power to a pseudonymous collective, and we will explore how governance works, and how it may be attacked.


The purpose of this class is to bring together students and interdisciplinary experts in Computer Science and Finance to discuss the emerging area of Decentralized Finance (or DeFi).

DeFi MOOC


Learn how to create tokens in the Ethereum Blockchain

Introduction to Tokens in Ethereum


Join our odyssey to onboard 1 million to web3. 

Odyssey DAO


Token engineering is the design, verification and optimization of token-based economic systems.
It is a cross-disciplinary field that draws from established practices in systems, electrical, robotics & controls engineering, and more. It also draws from fields as diverse as behavioural & ecological economics, operations research, AI & optimization, and others.

It is a methodology that goes all the way from ideation to design, modelling, simulation, testing, deployment, fraud detection & defense, and continuous optimization.

Study, contribute to open-source knowledge & tools, and apply your skills to solve the most exciting challenges in Web3.

Token Engineering Academy


Aave Grants DAO is a community-led grants program to fund ideas submitted by the Aave protocol’s community, with a focus on empowering a wider network of community developers. The community has allocated $1 million per quarter for two quarters for funding grants. The program will run from May 10 to November 10. The grants program was created after a community discussion, which can be found on Aave's governance forum here.

Aave Grants DAO provides grants to projects, ideas, and events that benefit Aave and its ecosystem

Aave Grants


The BAL Grant program provides support and funding ($1K - $75K) to projects committed to supporting Balancer Protocol in achieving its mission to become the number one source for Decentralized exchange trades. This program is a good fit for individuals and groups that want to run a project that builds technology or resources on the Balancer Protocol. 

The BAL Grant program is one way BalancerDAO promotes the development of the Balancer Protocol and Ecosystem

Balancer Grants


The Chainlink grant program deploys substantial resources toward the creation of critical developer tooling, the addition of high-quality data, and the launching of key services around the Chainlink Network.

- Community grants
- Integration grants
- Bug bounty program
- Research program
- Social impact grants

The Chainlink Community Grant Program funds development teams and researchers building a more functional, accessible, and socially impactful smart contract economy

Chainlink Grants


The community has allocated 5,000 COMP for funding grants. The grants program was created after a community discussion. which can be found on Compound's governance forum. 

https://www.comp.xyz/t/compound-grants-program/1292

Providing grants to projects, ideas and events that benefit Compound and its ecosystem

Compound Grants


We launched this effort with a focus on enabling the entire user base, with its wide range of talents, to contribute those skills to the protocol in their own ways-whatever those ways are! Our approach to achieving that goal is to offer users the option to apply for Micro Grants in addition to proposals that require much more attention. These will serve as the on-ramp for the less involved, smaller budget proposals in an effort to be accessible by the entire userbase.

The PoolTogether grants committee “Community Led, Community Focused.”

PoolGrants


Synthetix GrantsDAO is a decentrailzed organisation part of the Synthetix protocol that governs the process of funding projects that contribute to the adoption of Synthetix.

Funding Synthetix related community & public goods projects

Synthetix Grants Council


The UNI community is at the heart of everything we do and it is thanks to you all that we have gotten this far. The goal for UGP is to ensure sustainable growth for the passionate ecosystem that has dedicated so much time and effort in growing the protocol. 

Our mission is to continue cultivating this enthusiasm and talent, so to start, UGP seeks to support focused areas accomplishing the following:

- **Usability** - improving the user experience
- **Community** - growing the ecosystem
- **Tooling** - improving the developer experience

Support is available for both individuals and teams attempting to provide innovative solutions, tackling problems, or contributing to existing tools for the three focused areas above.

The UNI Grants Program continues to expand and empower the Uniswap community

UNI Grants

A total pool of $100,000 USD worth of $MARSH has been set aside as funds for our Ecosystem Growth Program. This program will run throughout 2023, and winners will be selected every month. Participants can win a maximum amount of up to $10,000 USD!

To apply, click on the link below.
https://unmarshal.io/grants/


The Unmarshal Growth Fund is aimed to support budding web3 projects that utilise Unmarshal’s backend data infrastructure to help build their dApps.

Unmarshal Grants Program


Increase safety and transparency for DeFi through a community-driven product risk history and scoring resource.

DeFi Risk Tools & Resources


This is a video from Rekt, the dark web of DeFi journalism.


A dystopian view of the new financial world emerging from crypto

Hopium Diaries

It’s time to break up with your bank, and join the movement for sovereign finance.

Bankless


The bi-weekly podcast where our host DeFi Dave talks to industry leaders about everything DeFi and beyond.

The DeFi Scoop

In this Tutorial, We’ll go through the process of building a basic Lending Protocol.

Build Your Own Decentralized Lending Protocol

In this Tutorial, We’ll go through the process of building a basic Decentralized Exchange.

Build your own Decentralized Exchange

Learn how to create an NFT lottery smart contract along with a front-end to let the user buy the tickets.

NFT Lottery DApp

In this Tutorial, We’ll go through the Euler Finance’s 196 Million Flash Loan Exploit

Euler Finance’s 196 Million Flash Loan Exploit

In this Tutorial, We’ll go through the process of building and deploy an ERC 1155 smart contract.

Learn and deploy an ERC 1155 smart contract

Testing smart contracts is a crucial aspect of the development process to ensure that the contracts function correctly and are error-free. Hardhat is a development environment for Ethereum applications that offers various tools and libraries to facilitate smart contract testing

Mastering Smart Contract Testing: A Comprehensive Guide to Hardhat

In this Tutorial, We’ll go through the Recreating Kubz NFT Hack.

Recreating Kubz NFT Hack


If you want maximum arbitrage performance, you need to swap tokens between exchanges in a single transaction. Or maybe you just want to save gas on certain swaps you perform regularly. Or maybe you have your own custom use case for swapping between decentralized exchanges. And of course maybe you are just here for the learning aspect.

How to better arbitrage with Solidity by making multiple swaps across different decentralized exchanges in a single transaction

Advanced MultiSwap


One of the most significant smart contract standard on Ethereum is known as ERC-20, which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for fungible token implementations.

The ERC-20 defines a common list of rules that all Ethereum tokens must adhere to. Consequently, this token standard empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system. This simplifies and eases developers’ tasks, because they can proceed with their work, knowing that each and every new project won’t need to be redone every time a new token is released, as long as the token follows the rules.

Understand the ERC20 token smart contract

ERC20 token standard


This is an example for high-speed EVM blockchain event reading in Python. The example shows How to read Solidity events, or use eth_getLogs RPC, to maximize output.

Solidity event high-speed multithread reading


Imagine the following scenario: you just found a critical vulnerability that allows funds in a smart contract to be drained. The exploit, however, is complicated and requires multiple payload parameters to be set correctly for it to be effective or even profitable at all.

It quickly turns out that calculating optimal parameters by hand is infeasible, due to the complex nature of the exploit. And yet, you want to responsibly disclose a Proof of Concept (PoC) that maximizes the amount of funds that can be drained from the contract. Why? Because it’s often true that the greater the funds at risk, the higher the bug bounty reward.

In such a situation, linear programming can be an exceptionally helpful tool. This is an advanced tutorial for whitehats who are looking to take their hacking skills to the next level.

How to Get a Bigger Bounty by Optimizing Attack Parameters

Optimizing Attack Parameters


Basically, there are two types of users: liquidity providers and traders.

The liquidity providers provide the pool with the two tokens that can be exchanged (we'll call them Token0 and Token1). In return, they receive a third token that represents partial ownership of the pool called a liquidity token.

Traders send one type of token to the pool and receive the other (for example, send Token0 and receive Token1) out of the pool provided by the liquidity providers. The exchange rate is determined by the relative number of Token0s and Token1s that the pool has. In addition, the pool takes a small percent as a reward for the liquidity pool.

When liquidity providers want their assets back they can burn the pool tokens and receive back their tokens, including their share of the rewards.

Uniswap v2 can create an exchange market between any two ERC-20 tokens. In this article we will go over the source code for the contracts that implement this protocol.

Uniswap v2 Code walk-through


Here’s what we’ll accomplish:

- Set up a basic, reusable development environment to build and test smart contracts that interact with the Uniswap Protocol
- Run a local development Ethereum node forked from Mainnet that includes the full Uniswap Protocol
- Write a basic smart contract that executes a swap on Uniswap V3
- Deploy and test that contract


Developers who are new to the Uniswap ecosystem often get stuck in the first stages of developing on-chain integrations with the Protocol. In this post, we’re going to help you get over those first hurdles.

Building Your First Uniswap Integration


a16z Crypto Startup School is a series of lectures and discussions given by experts to help technologists learn how to build crypto companies.

a16z Crypto Startup School


Article: https://blog.chain.link/blockchain-fintech-defi-tutorial-lending-borrowing-python/
Code: https://github.com/PatrickAlphaC/aave_brownie_py


Learn how to put down collateral, borrow, lend, and short sell assets in the defi realm. A MUCH easier experience for anyone looking to create financial instruments. 

Become a DEFI QUANT | Python, Chainlink, and Aave


In this intermediate solidity tutorial I'll be building on the lego bricks of DeFi using Solidity and Hardhat. I'll be looking at how to interact with external contracts such as chainlink oracles and how to carry out swaps/trades on Uniswap v3. Then we will look at testing and deploying the contracts to the Ethereum kovan testnet.

There is more deatails and a full tutorial at https://jamesbachini.com/intermediate-solidity-tutorial/

The code from this tutorial is open-sourced at: https://github.com/jamesbachini/myVault/

00:00 Solidity Tutorial Intro
00:34 Hardhat & Dev Environment
02:38 Solidity Code
017:59 Hardhat Testing
21:33 Solidity Security
24:52 Hardhat Deployment
29:58 Conclusion

In this intermediate solidity tutorial I'll be building on the lego bricks of DeFi using Solidity and Hardhat.

Building On DeFi With Solidity & Hardhat


DeFi is one of the most interesting and fastest growing movements with an amazing potential of completely disrupting traditional finance. Although I believe DeFi is the future, it can be quite difficult for newcomers as it combines a lot of elements from two poorly understood subjects: finance and technology. I started Finematics to make it easier to understand this new, fascinating world.

Educational videos on DeFi (Decentralized Finance).

Finematics


Here we collect and discuss the best DeFi & Blockchain researches and tools 

DeFi Developer roadmap


Dissecting DeFi Protocols analyzes smart contracts of different DeFi protocols.

My newsletter explains how DeFi protocols work as smart contracts

#defi

🌐 DeFi Developer roadmap

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