Quests

• Assuming you only have ETH on the Ethereum chain, buy a small amount (\$20 worth) of MATIC (the native token of Polygon/Matic chain). You can do that on many decentralized exchanges: uniswap, sushiswap, paraswap, etc.
• Bridge assets to Polygon (prev. Matic); don't forget to buy a small amount of Polygon token (native token on Polygon chain)
• What happens to your eth-chain assets?
• How does custody work? What ensures that you can convert polygon-chain assets back to eth-chain?
• Lend and borrow assets from Aave Polygon
• Be careful don't get liquidated. At what point would your loan get liquidated? What's the penalty?
• What are you earning on your lending? Who's paying you?
• What are you paying/earning on your borrowing? If you are earning, who's paying?
• Add some liquidity to a Sushi pair for farming
• Why are the farming yields higher than on Aave?
• Why are some pairs' yields higher/lower than others?
• What was your market impact?
• What was the slippage set to? (See frontrunning MEV)
• What would happen if you had set it to 10x higher?
• What would happen if you had set it to zero?
• Now that you have lots of random assets spread around, get an overview of your portfolio on Zapper
• Try another portfolio overview service: Zerion, DeBank, other?
• Go to 1inch (ethereum chain). Input (don't actually make the trade) a ETH → USDC trade for various amounts of ETH from 0.1 to 10000.
- [ ]  How does the amount out (sell price) change as you increase the amount in? Is it linear? Why?- [ ]  How does the routing change as the amount gets larger?- [ ]  Also try it with a stable → stable.- [ ]  Also try paraswap and matcha
• Compare and contrast other defi protocols
• e.g. MakerDao, Curve, Bancor, Gnosis, Perp, Ruler Protocol (example of a long-tail protocol)
• Stablecoins — pick one or two and understand how they work
• Find your own to analyze (please report back and share! good for ⚡ lightning talk ⚡)
• Specific discussion: 7/19 Grayscale DeFi Fund: 1 2 twitter
• What's the methodology? Which assets didn't make the cut?
• Specific discussion: Fei Protocol Genesis case study. Read the posts leading up to the protocol launch in April 2021: https://medium.com/fei-protocol
• Why was the launch predictably bad? What design flaw was in the genesis design?
• Potential project idea: Build a dune analytics dashboard for a defi protocol

On MEV:

• Register an ENS domain
• How does the protocol prevent front-runners from buying your domain before you do?
• Go find an example transaction(s) on the blockchain illustrating:
• An pure arbitrage (turns a profit within one transaction)
• A liquidation event
• A sandwich (Front running / back running)