DeFi School - Latin America

Current Project Status

complete

Total
amount
Received

$16896

Total
amount
Requested

$16896

Total
Percentage
Received

100%

$16896 Received out of $16896

Solution

开发葡萄牙语的DeFI实践课程，包括Youtube上的视频课程、gitbook和Discord上的社区支持。

Problem

缺乏对DeFi的了解是拉丁美洲人投资这个市场的一个障碍，另一方面，加密货币的采用正在增长。

Impact alignment

Feasibility

Value for money

This proposal was approved and funded by the Cardano Community via Project F7: Grow Latin America, Grow Cardano Catalyst funding round.

Detailed Plan

Problem Description

In developing countries, as those in Latin America and Africa, fiat currencies are weak and represent a loss of the population's purchasing power, as the monetary policy of Local Governments isn't able to contain inflation.

In this scenario, Latin Americans want not only to invest in cryptocurrencies, but also to use them on a daily basis and explore all forms of profitability, such as obtaining loans and earning interest on their savings, that is, through decentralized finance.

However, DeFi's content is predominantly in English, which creates an impediment and an insecurity for those who do not speak that language to expose themselves to this market.

A survey carried out by the British Council in 2013, in partnership with the Data Popular Research Institute, found that only 5% of the Brazilian population speaks English - and only 1% of these people are fluent.

Solution Description

The proposed course will cover everything from blockchain basics, going through the fundamentals of decentralized finance to the practical use of the main DeFi protocols in the Cardano ecosystem.

It will be produced in Portuguese, which is the official language of Brazil, a country that has about 50% of the South American population. However, support will be offered to Spanish-speaking brothers for translation.

In addition to the classes on Youtube, the content will be made available in text in gitbook format on the project's website.

Discord will be used as the main interaction tool, where meetings will also take place to consolidate content and clarify doubts after each class.

- Contents to be covered (initial plan):

I. Module 1 - Course Introduction (10h)

1. About the Course (3h)

1.1 Presentation

1.2 Tutors and Moderators

1.3 Syllabus

1.4 Tools Used (Site, Youtube, Discord, Yoroi)

----- 1.4.1 Learning to use Discord

----- 1.4.2 Learning to use Yoroi Extension (Installation, Wallet Creation, Basic Usage)

2. Blockchain - Basic Concepts (3h)

2.1 What is blockchain?

2.2 What is Web 3.0?

2.3 Consensus Protocols: Proof of Work vs. Proof of Stake

2.4 Basic Encryption Concepts: Private Key, Public Key and Wallet Recovery Words

2.5 Currency x Tokens

2.6 What is Cardano?

2.7 Ouroboros Protocol and Native Stake

2.8 Era Goguen + Era Basho

2.9 Blockchain: Costs and fees

3. DeFI (Decentralized Finance) - Basic Concepts (4h)

3.1 What is DeFi?

3.2 Ways to Invest in this Market

----- 3.2.1 Buy tokens (CEX, IDO, ISO or ISPO, Swap)

----- 3.2.2 Provide Liquidity

3.3 DeFi Protocols (Definition and Examples)

----- 3.3.1 StableCoin

----- 3.3.2 DEX

----- 3.3.3 Lending & Barrowing

----- 3.3.4 Yield Aggregator

----- 3.3.5 Launchpad

----- 3.3.6 NFT/Gaming

----- 3.3.7 Oracle

----- 3.3.8 Wallet

II. Module 2 - Using DeFi in Practice - Cardano Blockchain (10h)

1. SundaeSwap

- Swap

- Provide liquidity (for example: ADA/SUN, ADA/dJED, ADA/dUSD)

2 ErgoDEX

- Swap with Price Order

- Atomic Swap Cardano-Ergo

- Provide Liquidity (for example: ADA/ERG, ADA/SigUSD, ERG/SigUSD)

3 deFire

- Swap with the "best price"

- Provide liquidity

4 Ardana

- "Mint" dUSD (Providing Liquidity and Collateralization)

- Liquidation

5 Liquid Finance

- Loans and Collateralization

6 Indigo Protocol

- "Mint" Synthetic Assets

7 VyFi

- NFTs Stake

8 Cardano Warriors

- Play-To-Earn

9 Lil Goats

- Play-To-Earn

* The choice of these protocols reflects the community's level of expectation and the choice of an asset for each category. But, this list can change.

II. Module 3 - Yield Hacking (5h)

- About how to explore the different protocols simultaneously in search of greater profitability.

Roadmap

Deadline: 6 months.

Phase 1: Module 1 Production (30 days after Funding)

Phase 2: Module 2 & 3 Production (After Module 1 Production done and DeFi protocols launch)

Team

4 Content Creator

1 Youtube and Discord Moderator

Technical Expertise

Maria Carmo 369 - Educator, Stake Pool Operator, Co-founder of Lovelace Academy, Cardano Evangelist, Community Manager, Content Creator;

Samuel Luiz - DeFi specialist; Graduated in Law at Estácio University, Civil Servant, educator at Canal Leigo and presenter of Rodada Financeira Youtube Channel;

Bosco Cardosco - over 5 years on blockchain; high skills on public management, community manager, content creator, translator ENG/PT;

Ático Mismana - Software Development Technician (SENAI CIMATEC / Brazil) and Interdisciplinary Bachelor of Science and Technology (UFBA / Brazil), has been a software developer since 2009, having worked with the programming languages: Delphi, Java, Python, JavaScript, C # .NET and C ++, he is currently a programmer in innovation projects in the robotics area and is an operator of the Cardanistas stake pool.

Long term plan

We will continue to provide ongoing community support through Discord and the Video Comment Box, driving Defi's market share and adoption of the Cardano blockchain.

Risk

- DeFi protocols take several months to launch;

- Cardano has scalability issues.

Cost

Total: $16,895.90 (2,668.95 + 3,600 + 7,875 + 2,751.95)

Detailing:

1. Management

.io Domain Registration = $28.95

Video Editing Software: $240

Moderation on Discord: $200/month * 6 month = $1200

Marketing: $200/month * 6 month = $1200

Sub-Total: $2668.95

2. Operating Cost of Production

2.1 Hours dedicated to technical training, bibliographic research, meetings, brainstorming and meetings with the public:

Sub-Total: $3600

2.2 Hour of work:

- We estimate that for each hour of content, 7 hours of production will be needed:

1h of content preparation;

1h for writing tutorial in text on gitbook;

2h for recording;

2h for editing;

1h for review and publication;

- We propose the value of the working hour: $45

Sub-Total: $7875 [ $45 * (25h * 7h) ]

2.3 Additional Production Costs (infrastructure for recording):

Sub-Total: $2751.95

MILESTONES

* Phase 1 activities of the Roadmap performed: Module 1 (1 months);

* Phase 2 activities of the Roadmap performed: Module 2 & 3 (6 months);

All material produced (documentation and GitHub source codes) is open source under the MIT license.

Metrics

* 10,000 graduates in the first 6 months, upon approval above 70% in the course's Assessment Quiz;

* 20 thousand graduates in the first 12 months, upon approval above 70% in the course's Assessment Quiz;

* See monthly increase in demand and use of DeFi and Cardano blockchain through quantitative and qualitative surveys with course participants.

社区顾问评论 (1)

Comments

Monthly Reports

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Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

10/31/2022

Comments 0

We still buying equipment but soon we will start recording

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

8/31/2022

Attachment(s)

Evidence 1

Comments 0

No, we are working hard to make sure everything works well

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

10/1/2022

Attachment(s)

Evidence 1

Comments 0

We are buying cameras and material to do material with quality. In the file are the receipt for 2 cameras

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

10/31/2022

Attachment(s)

Evidence 1

Comments 0

I think we gonna move faster after Vasil

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

4. After 6 months

Attachment(s)

Evidence 1

Comments 0

We are eager do start working as soon we get Vasil update and more protocols working. At this point in time we are writing to protocols and trying to engage with the times for participate of the testnet

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

3. In the next 6 months

Attachment(s)

Evidence 1

Comments 0

In the previous report we inform you that we contacted the Genius protocols and indigo to have access to testnet of these projects earlier, unfortunately we did not receive permission from early participation, but they opened door to business partnerships.

Therefore, we will really have to wait for the public testnet of these projects and others that are in our detailed scope in the approved original proposal.

If confirming the success hard fork Vasil expected to occur today (09/22), and the vasil functionality is available on 9/27, the forecast of the main protocols defi that we will address in the course, currently:

Djed: 4 to 12 weeks after Vasil (between 27/10 and 27/12);
Indigo: November/2022;
Liqwid: Not announced;
Genius: Not announced;
Ardana: Not announced.

As we await the public testnet of these protocols, we continue to study the Cardano ecosystem and other ecosystems that already have the decentralized finances in full operation, as a way to we prepare technically to take the 25h practical course.

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

3. In the next 6 months

Comments 0

This month we participated in Spectrum Finance's (Ex-ErgoDex) private testnet, providing important bug feedback, based on the knowledge we have gathered throughout the course preparation process.

We also explored the AlgoFI protocol on the Algorand blockchain, to better understand how the incentive to stake stablecoins works: real profitability, loyalty profitability, risks, rewards withdrawal dynamics, in order to understand how stablecoins play a relevant role in the trading environment. loans within Defi.

Following the development progress of the protocols that we will cover in the course, we can comment that Liqwid is making great strides in its private testnet in the preview testnet environment, and will soon open the public testnet in the pre-production environment. Also, DJED announced that the audit is expected to end in the month of November.

We are ready to support these projects, while training ourselves to teach the course, using other blockchains and Cardano's testnet protocols.

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

3. In the next 6 months

Attachment(s)

Evidence 1

Comments 0

This month we continued the process of preparing the course and engaging in the testnets of the defi protocols.

Indigo, the synthetic asset protocol, conducted a public testnet and launched its mainnet platform. We participated in this process and prepared some videos that are the basis of the material we will produce in the course.

Liqwid Finance also started its testnet, we are participating in it, and using the project documentation, to raise aspects of the protocol and format the course in a didactic and practical way.

Other protocols, such as Spectrum Finance, continue to have an active testnet, and we are participating, collecting protocol information and evaluating aspects such as impermanent loss, liquidity, farm and real profitability.

We also had confirmation that DJED will be launched in January/2023, it is another protocol that we will cover in the course.

Another relevant information is that Ardana, a project that we would address in the course, announced the interruption of its development, so we immediately removed it from the course program.

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

3. In the next 6 months

Comments 0

This month, we continue the process of information obtaining and testing of Cardano's DeFi protocols as they are released or tested.

We participated in the DJED testnet that was reopened with the news of Plutus v2.

And we have prepared a vulnerability of collateral study available here: https://docs.google.com/document/d/1lpEERba7hVs288Zleg8CEVBZjQZtcGogI8ugH4mnb-I

We also purchased two lifetime licenses of Lightworks video editing software. The last pending purchase of material/inputs for the project.

With the launch of DJED and (possibly) Liqwid scheduled for the month of January, we will have a basic range of protocols already working on the mainnet to start the course without interruptions.

Disbursed to Date

$16,896

Proposal

DeFi School - Latin America

Status

Still in progress

Completion Target

3. In the next 6 months

Attachment(s)

Evidence 1

Comments 0

bookmarked!

This proposal was approved and funded by the Cardano Community via Project F7: Grow Latin America, Grow Cardano Catalyst funding round.

Detailed Plan

社区顾问评论 (1)

Comments

bookmarked!

bookmarked!

bookmarked!

bookmarked!

bookmarked!

Monthly Reports

This proposal was approved and funded by the Cardano Community via Project F7: Grow Latin America, Grow Cardano Catalyst funding round.

Detailed Plan

社区顾问评论 (1)

Comments

Other proposals from this team in Fund 7

Monthly Reports