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The Complete DeFi—Decentralized Finance—Industry Labs

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The Complete DeFi—Decentralized Finance—Industry Labs

Included with

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

8 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

8 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Master blockchain fundamentals and Layer 1/Layer 2 solutions like Polygon.

  • Learn how to deploy decentralized finance (DeFi) apps using smart contracts.

  • Gain hands-on experience with the Ethereum Virtual Machine and ZK Rollups.

  • Understand the impact of Central Bank Digital Currencies (CBDCs) on global finance.

Details to know

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Assessments

9 assignments

Taught in English

There are 8 modules in this course

This course features Coursera Coach!

A smarter way to learn with interactive, real-time conversations that help you test your knowledge, challenge assumptions, and deepen your understanding as you progress through the course. This comprehensive course will immerse you in the world of decentralized finance (DeFi) and blockchain, helping you build foundational knowledge of these transformative technologies. You'll explore blockchain technology, from the basics to the latest advancements, and how it connects to DeFi applications like lending, borrowing, and stablecoins. By mastering the underlying infrastructure of DeFi, you'll gain insights into the potential of decentralized applications (DApps) and smart contracts. Throughout this course, you'll be guided through the architecture of Polygon and other layer 2 solutions, which enable more efficient and scalable blockchain transactions. We dive deep into key DeFi concepts, including NFTs, tokens, stablecoins, and decentralized exchanges (DEXs). This course will empower you to create and deploy your own decentralized finance applications using Polygon’s architecture and Ethereum-based smart contracts. Learn by doing with hands-on labs, which cover smart contract deployments, tokenomics, and DApp functionalities. By the end of this course, you will be able to navigate DeFi projects, deploy smart contracts, and leverage decentralized exchanges and finance protocols with confidence. This course is designed for anyone looking to master DeFi and blockchain technologies. It’s ideal for finance, tech, and software development professionals, as well as enthusiasts who have a basic understanding of blockchain concepts. Whether you’re aiming to advance your career or launch your own DeFi project, this course will equip you with the skills and knowledge needed to succeed.

In this module, we will introduce the key concepts of blockchain and its role in decentralized finance (DeFi). We will dive into the technicalities of Layer 1 and Layer 2 solutions, particularly focusing on Polygon’s innovative approach to improving transaction speeds and reducing costs. By the end of this module, you'll have a solid foundation in how blockchain technology works and its applications in DeFi.

What's included

8 videos1 reading

8 videosTotal 30 minutes
  • Welcome: Introduction to This DeFi Course7 minutes
  • What Is Blockchain for Noobs7 minutes
  • What Is Layer 1 and Layer 2 in Blockchain5 minutes
  • Why Are We Learning DeFi with Polygon2 minutes
  • Layer 2 Solutions for Ethereum2 minutes
  • Polygon Bridges Versus Sidechains2 minutes
  • Polygon Rollups Versus Sidechain2 minutes
  • The Polygon Sidechain3 minutes
1 readingTotal 10 minutes
  • Full Course Resources10 minutes

In this module, we will provide an in-depth look into the essential components of decentralized finance (DeFi). You'll gain a comprehensive understanding of key DeFi elements such as lending, borrowing, and stablecoins, while also exploring the distinctions between CEXs and DEXs. The module also covers the role of cryptocurrencies, tokens, and NFTs in this rapidly evolving landscape.

What's included

10 videos1 assignment

10 videosTotal 60 minutes
  • What Is DeFi?6 minutes
  • Lending and Borrowing with DeFi2 minutes
  • CEXs Versus DEXs - Centralized Versus Decentralized Exchanges5 minutes
  • What Are Stablecoins?5 minutes
  • Case Study Stablecoins - TerraLabs and UST Rise and Fall7 minutes
  • What Are Cryptocurrencies and Tokens?6 minutes
  • Are All Cryptocurrencies Securities by Default Except for Bitcoin?8 minutes
  • What is the ERC 20 Standard?7 minutes
  • Introduction to NFTs - ERC721 Standard – Non-Fungible Tokens5 minutes
  • NFT Case Studies8 minutes
1 assignmentTotal 15 minutes
  • Decentralized Finance Key Concepts - Assessment15 minutes

In this module, we will dive into the architecture behind Polygon, focusing on how it enhances the Ethereum network. You'll explore concepts such as Proof of Work vs. Proof of Stake, the critical components like Heimdall, and how Polygon facilitates efficient smart contract deployments. This case study will provide you with hands-on knowledge of Polygon’s robust infrastructure in Web3 applications.

What's included

5 videos1 assignment

5 videosTotal 12 minutes
  • Proof of Work Versus Proof of Stake Brief Outline3 minutes
  • Polygon BOR - A Checkpoint for Ethereum Mainchain2 minutes
  • Heimdall Polygon - The Layer 2 Chain Within the Polygon Network1 minute
  • Polygon Smart Contracts and Deployments with Ethereum Main Net1 minute
  • Polygon Architecture Summary - A Deeper and More Condensed Dive5 minutes
1 assignmentTotal 15 minutes
  • Polygon Architecture – Industry-Level Web3 Case Study - Assessment15 minutes

In this module, we will provide an overview of Central Bank Digital Currencies (CBDCs), exploring their design, functions, and implications on the global financial system. You will gain insights into how CBDCs differ from cryptocurrencies, their potential role in future monetary policy, and the growing interest from governments around the world.

What's included

11 videos1 assignment

11 videosTotal 33 minutes
  • An Introduction to This Section2 minutes
  • Basic Definition of CBDCs4 minutes
  • Expanded Definition of CBDCs3 minutes
  • Roots and Emergence of CBDCs4 minutes
  • The Monetary Agenda of CBDCs3 minutes
  • Introduction to the Money Flower2 minutes
  • General Purpose Versus Wholesale CBDCs2 minutes
  • General and Wholesale CBDCs Uncovered4 minutes
  • International Interest and Piloting for CBDCs2 minutes
  • CBDCs Versus Crypto2 minutes
  • CBDCs Versus Bitcoin - Pros and Cons5 minutes
1 assignmentTotal 15 minutes
  • What Are CBDCs - Central Bank Digital Currencies - Assessment15 minutes

In this module, we will provide hands-on experience with decentralized finance (DeFi) through smart contracts. You'll set up your development environment, deploy smart contracts, and learn how to interact with DeFi applications. This module equips you with the practical skills necessary to build and deploy your own DeFi projects in a test environment.

What's included

13 videos1 assignment

13 videosTotal 93 minutes
  • Setting Up an IDE with REPLIT3 minutes
  • What Is MetaMask - Setting Up Your First MetaMask Wallet9 minutes
  • Setting Up the Mumbai Testnet Network to MetaMask with Infura12 minutes
  • Fork Starter Project6 minutes
  • Transfer Matic Test Tokens with the Polygon Network7 minutes
  • Smart Contract Reviews and Fundamentals (Non-Technical)10 minutes
  • Deploy Your First Smart Contract with Polygon5 minutes
  • Deploy DeFi-Based DApp Smart Contracts7 minutes
  • Add Your Own Token to a MetaMask Wallet2 minutes
  • Tokenomics Fundamentals and Case Study Scenarios with Eth7 minutes
  • Minting Tokens5 minutes
  • Fundamentals Mechanisms for DeFi Applications6 minutes
  • Final Lab: DeFi Smart Contract Interactions13 minutes
1 assignmentTotal 15 minutes
  • DeFi Labs - Learning Hands-On Decentralized Finance with Smart Contracts - Assessment15 minutes

In this module, we will explore the Ethereum Virtual Machine (EVM) and its pivotal role in decentralized finance and non-fungible tokens (NFTs). You’ll gain an understanding of how smart contracts are executed, the importance of contract storage, and how the EVM handles operations through opcodes, which is essential for developers working with blockchain technologies.

What's included

6 videos1 assignment

6 videosTotal 13 minutes
  • What Is a Virtual Machine (Basic Introduction)2 minutes
  • What Are Smart Contracts - Ethereum and Solidity2 minutes
  • Optional - Advanced - Introduction to Opcodes for the EVM3 minutes
  • How Contract Storage Works with Ethereum Smart Contracts3 minutes
  • Optional - Advanced - Opcodes Allow the EVM to Compute Almost Anything0 minutes
  • Review - What Is the Ethereum Virtual Machine3 minutes
1 assignmentTotal 15 minutes
  • The Ethereum Virtual Machine (NFTs Under the Hood) - Assessment15 minutes

In this module, we will explore the cutting-edge technology behind Zero-Knowledge Proofs (ZKPs) and ZK Rollups, which are revolutionizing blockchain scalability. You'll learn how ZKPs enhance transaction privacy and efficiency and dive into the application of ZK Rollups within the Polygon network to improve Ethereum’s throughput and cost-effectiveness.

What's included

4 videos1 assignment

4 videosTotal 12 minutes
  • Introduction to Zero Proof Knowledge5 minutes
  • Defining A ZK Rollup Within Blockchain Technology2 minutes
  • Polygon Specification for Ethereum Compatibility2 minutes
  • ZK Rollups and ZKEVM Summary1 minute
1 assignmentTotal 15 minutes
  • The ZK Rollups Complete Introduction - Assessment15 minutes

In this module, we will dive deep into the world of Decentralized Applications (DApps). You'll learn about their unique advantages, how they operate on blockchain networks, and explore the challenges DApps face, including security vulnerabilities. We will also highlight various real-world examples, showcasing the diverse use cases of DApps in decentralized finance and beyond.

What's included

8 videos3 assignments

8 videosTotal 22 minutes
  • What Is a DApp - Basic Definition3 minutes
  • DApp - The Problem-Solving Statement2 minutes
  • How Does a DApp Fundamentally Work4 minutes
  • What Are the Benefits of DApps3 minutes
  • DApp Vulnerabilities2 minutes
  • Examples of DApps3 minutes
  • OpenSea - Functionality Case Study3 minutes
  • DApp Overview2 minutes
3 assignmentsTotal 90 minutes
  • Full Course Practice Assessment15 minutes
  • Deeper Dive into What Is a DApplication with More Examples - Assessment15 minutes
  • Full Course Assessment60 minutes

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Frequently asked questions

Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.

If you complete the course successfully, your electronic Course Certificate will be added to your Accomplishments page - from there, you can print your Course Certificate or add it to your LinkedIn profile.

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