How people use Ethereum
Begin with “DeFi without the hype” and work toward “Application risk knowledge check”. Each available lesson includes a visual explanation and a quick knowledge check.
Read in order or choose a topic below. Completion marks stay in this browser. All 20 lessons in this track are available.
- 01
DeFi without the hype
Financial applications built from programmable contracts.
5 MIN READ - 02
Payments with Ethereum
A transfer combines an asset amount with a network and destination.
3 MIN READ - 03
Stablecoins for everyday use
A familiar price target does not remove network, issuer or contract assumptions.
3 MIN READ - 04
Decentralized exchanges explained
Contract rules can coordinate swaps, with dependencies that still need review.
3 MIN READ - 05
Liquidity pools explained
A pool’s reserves and pricing rule shape what a swap can receive.
3 MIN READ - 06
Price impact versus slippage
Your trade can move a price, while execution can also differ from a prior quote.
3 MIN READ - 07
Lending and collateral
Borrowing systems define rules for debt, security and repayment.
3 MIN READ - 08
Liquidation explained
A system can permit closing or reducing a position when its conditions are breached.
3 MIN READ - 09
Interest rate models at a glance
A rate can depend on pool state and a contract-defined formula.
3 MIN READ - 10
Oracles in financial apps
Price inputs can determine borrowing, liquidations and swaps.
3 MIN READ - 11
DAOs and shared decisions
Groups can express some governance rules through contracts and coordinated processes.
3 MIN READ - 12
Governance proposals and voting
A proposal’s bytes and execution conditions matter alongside its description.
3 MIN READ - 13
Voting power versus ownership
Control rights are defined by mechanisms rather than a universal one-token meaning.
3 MIN READ - 14
Decentralized identity explained
Identifiers, claims and verification rules can be controlled and checked in different ways.
3 MIN READ - 15
ENS names explained
A naming system can map a readable name to records under its rules.
3 MIN READ - 16
Public goods funding explained
Communities can support shared resources through several allocation mechanisms.
3 MIN READ - 17
Digital collectibles beyond speculation
Individually tracked items can support membership, games and other experiences.
3 MIN READ - 18
Account abstraction for users
Programmable authorization can change how a wallet feels without removing execution costs.
3 MIN READ - 19
Composability and shared risk
Applications can connect useful components and inherit their dependencies.
3 MIN READ - 20
Application risk knowledge check
Identify the mechanism behind the familiar screen.
3 MIN READ