Steemit Crypto Academy | Summary On Homework Task(Season 2)- Week 3

Background

The Homework Task Week-3(Season 2) draws to a close on 1st May 2021. During the last week, we witnessed as many as 54 entries.

I would like to congratulate all who participated and submitted their assignments during this week.

This week we covered-- How to Supply, Collateralize, Borrow, Repay, Unlock the asset in JustLend. I hope you all now have a better insight into the practical side of Supplying/Borrowing in JustLend.

Those who participated this week in Homework Task-3 are well-informed now with Energy requirements in a smart contract operated transaction in JustLend. Many of you might have burned a few TRX to accommodate the energy in the entire process, but at the same time, you all have gained first-hand knowledge and experience with JustLend.

Steemit Crypto Academy is helping you all to bridge the gap between concept and gaining experience, particularly for naive users; thereby inducing practical intelligence. The tasks are designed & structured in a way to make you familiar with a practical exploration of a use-case. In essence, you gain real experience, and you earn as well in Steemit Crypto Academy.

I hope Week 3 was productive, persuasive, informative, and educative for you all & relevant to your DeFi experience.

I would like to convey my gratitude to the Steemit Team for coming up with such an idea and organizing a team for that cause, fostering crypto literacy.

In the last six days, I have visited all the posts that have been submitted with the correct tag( #sapwood-s2week3, #cryptoacademy). So I would request all the participants to make sure that they use the correct tags and that should be among the first five tags. And also make sure you post in the Steemit Crypto Academy community.

Observation & Thoughts

We found 54 entries in the last week(Week-3). I have visited them all. 81.48% of them were original content whereas 18.52% were spun/plagiarized.

Unfortunately, some users are still publishing spun/plagiarized content and also editing/falsifying the screenshots to portray it as their original work/real transaction. I would request all of them to follow the path of hard work and be a part of the process.

In this Task, many of the participants have to burn a few TRX to accommodate the energy required for the smart contract trigger; even if you freeze/burn a few TRX to accommodate the required energy, please do bear in mind that you also gain the real experience and you earn(an upvote) as well.

This week was purely a practical exploration of Supply/Borrow in JustLend to make you familiar with the practical side of JustLend.

Those who have performed a real transaction in this Task have scored well to get an upvote which would cover the fees they incurred in the entire process. Nevertheless, they practically explore a dApp like JustLend.

_{The simple average score for Week 3 (#sapwood-s2week3) is "6"}

The average overall quality has slightly improved as compared to the previous week. But we have to do a lot more to bring it to par value.

Organized writing and a curated directory of organized articles on the Trending page will also add fundamental value to Steem Blockchain & Steemit Crypto Academy. It's a continuous process and we must evolve as organized authors every day/every week through such Tasks/assignments.

I would request all, before hitting the submit button, please read it at least once/twice. Proof-reading is necessary. You can also use the Grammarly app for proof-reading.

The level of engagement is very poor. We want our participants to visit other's posts and produce insightful comments, make it an interactive session. At present only the professor is interacting with the participants. The student-to-student interaction is missing. We can't build an interconnected web and better content discovery without engagement. I request all of you to visit other's posts.in Steemit Crypto Academy.

Always try to be precise & make your approach straight to the point, make it less noisy.

Further, always pay attention to the grammar/spelling, proper formatting, use of markdown styling to represent it in a professional way, which always attracts the attention of the reader/curator. If you do that on a day-to-day basis you also evolve as a professional blogger in the long run.

Try to bridge the gap between "what you know" and "How you deliver" in a Task. In time, you will get better with consistent effort & perseverance.

Statistics & Evaluation

Here is the stat of the 54 entries in Homework Task Week-7

Total Entries- 54

Spam/Plagiarism- Stealing other's text/screenshot and representing as if it is their own content. Using spinning tools & paraphrasing the texts of another post.

I have evaluated all the entries on the basis of the following parameters:-

• Proper representation of a task
• Whether covered all the sub-parts of an assignment or not
• Real Transaction of Supply/Borrow
• Proper formating
• True representation of the text/subject(with illustration/screenshot)
• Grammar/Spelling
• Free of Spam/Plagiarism.
• Adhering to the laid rules or not
• Proof-Reading
• Original content

Of the 54 entries, I found the following three as the best entries this week.

S No	Author	Post Link	Remarks
1	@fredquantum	Link	The author has demonstrated with a real example and included all the relevant screenshots, also produced a complete loop of Supply/Borrow in JustLend.
2	@aneukpineung78	Link	The author has produced a well-organized article, used TronLink Wallet(Chrome Extension) for this Task, demonstrated with a real example with all the relevant screenshots included.
3	@syllem	Link	Another excellent piece by the author, demonstrated with a real example, with a neat & clean presentation of the assignment.

_{NB- Selection of a winner may not be absolute, most of the time, it is based on the relative performance. As long as you focus on all the sub-parts of Homework Task and gain sufficient user experience, include real example & analysis, you stand better to win it every week.}

Conclusion

We all are committed to creating an enriched communication environment, organizational interactions, etc which is a precursor to building a foundation of crypto literacy. The right information and education should percolate down the line and the PoB will come along to reward you(extrinsic motivation).

We will try our best to structure a task to draw real-life experiences for you, to motivate you for sustained attention to the task/academy. The participants should also reciprocate in line with the Task requirement, particularly if it demands a real trade/real experience. Healthy participation and effective discussion are key to the overall success of the crypto academy.

We will also try our best to reinforce the principle of collectivism/democracy (but always on the basis of performance) through the crypto academy.

The crypto academy is also an avenue to learn to reason and to find & explore the passions and talents of the users in this ecosystem.

Gain as much user experience as you can. But always be your own. Don't hesitate to write what you have understood(even if you are wrong), We will take care of corrections if needed. The most important thing at the end of the day is what you learned.

The take-home message-- Develop a relationship with dApp/Exchange(or as the Task demands), Learn, Experience, Perform a real Trade, Analyze; then submit your assignment. This is the ideal path to economic advantage(upvote) & crypto literacy.

Thank you.

Cc:-
@steemitblog
@steemcurator01
@steemcurator02

Unless otherwise stated, all the images, infographics, charts, tables, etc(if any) are my original works.