DEFIning Degen
DEFIning Degen
Kelly Moran
DEFIning Degen #4 - Intro to Stablecoins & a DeFi Short Strategy
2 hour 8 minutes Posted Jun 19, 2022 at 10:04 am.
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2:08:42
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𝙒𝙝𝙞𝙡𝙚 𝙩𝙝𝙞𝙨 𝙞𝙨 𝙩𝙝𝙚 𝙛𝙞𝙧𝙨𝙩 𝙥𝙤𝙙𝙘𝙖𝙨𝙩 𝙚𝙥𝙞𝙨𝙤𝙙𝙚 𝙛𝙤𝙧 𝙩𝙝𝙚 𝘿𝙚𝙁𝙞𝙣𝙞𝙣𝙜 𝘿𝙚𝙜𝙚𝙣 𝙘𝙤𝙪𝙧𝙨𝙚, 𝙞𝙩 𝙞𝙨 𝙩𝙝𝙚 4𝙩𝙝 𝙞𝙣 𝙩𝙝𝙚 𝙏𝙬𝙞𝙩𝙩𝙚𝙧 𝙎𝙥𝙖𝙘𝙚 𝙨𝙚𝙧𝙞𝙚𝙨 𝙝𝙤𝙨𝙩𝙚𝙙 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙩𝙝𝙚 @𝙥𝙖𝙨𝙥𝙖𝙘𝙚𝙨 𝙩𝙬𝙞𝙩𝙩𝙚𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙤𝙣 𝙒𝙚𝙙𝙣𝙚𝙨𝙙𝙖𝙮𝙨 𝙖𝙩 3𝙥𝙢 𝙋𝙎𝙏 

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ABOUT THE EPISODE

In this session we take an initial dive into stablecoins, their use cases, and importance within the ecosystem. The episode ends with a brief run through a strategy on the Avalanche chain that leverages the current incentive mechanisms that offer paid borrow positions to effectively short $ETH with near zero chance of liquidation and hedge downside risk without selling any underlying assets. 

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The course is open to the public and ran by Kelly Moran in support of the community spaces for the Psychadelics Anonymous NFT project. Material covers core DeFi concepts to build Web3 competence and knowledge base for maximizing yield. 
For beginners to advanced, we revisit material often and move at a speed the community can handle