Steemit Crypto Academy | Summary On Homework Task: CeFi - DeFi - Yield

Hello Everyone,

Thank you to all for joining the Third Season and 4th week Of Steemit Crypto Academy and Participated In The Homework Task.

All homework task with the correct tag #stream4u-s3week4 has been reviewed now and rechecked to confirmed no one is missed.

This week there was some delay from my side to check homework tasks but I guess I have tried to check all posts within 48 hours.

This post is to summarise the Homework Task for CeFi - DeFi - Yield.

Last week during my class we learned about the positives and negatives of Centralized Finance, Decentralized Finance, and Yield farming.

The information that you all have mentioned in the homework tasks is excellent after all everyone has a different view, but the important information you have covered.

There was some lack found in the DeFi Product section, not sure whether the question has confused you. The majority of students have mentioned as a DeDi Product Pancakeswap, Compound, AAVE, MAKER, etc. Take a look again, these are actually companies that provide services for the DeFi products, so these come as an example while providing the information on the actual DeFi products which are below.

(1) Lending
(2) Decentralized Exchange(DEX)
(3) Derivatives
(4) DeFi Wallets
(5) Asset Management
(6) DeFi Insurance
(7) Savings
(8) Token Flavors

So here you first need to provide details on these above DeFi products and then you can provide examples on it like Pancakeswap, Compound, AAVE, MAKER.

Further, some users have only provided information like a definition, here it is expected that you will explore the topic with every detail like the concept behind it, why they need it, how they process, current use cases, and then some negative, positive.

Some users have completed the task with all details. I hope you all learn something new during your research while working on this task.

At the end of last week, some tasks were found in which few sections were detected as plagiarism. Here, I come to know that users are thinking that the information is cant alter. It is okay with the keywords as specific words cant alter but if the complete line or paragraph is found from the other source then it will act as plagiarism.

We usually check other tasks, articles in which such details are already mentioned by other bloggers like us, so the information that we are referring it is their view which has already been filtered by them, so first need to understand the concept and it will be easy to define in own words.

The major improvement found in the Presentation, almost all tasks presented in well, information properly defined, topics, sentences break very well. The presentation of the task looks good in the last week.

Total 100 entries were received for #stream4u-s3week4 and below is the graphical representation of scoring.

Congratulations.

IMPORTANT NOTE.

Steemit Crypto Academy 5th week courses are out now, kindly check The Steemit Crypto Academy Weekly Update [ July 26th, 2021 ] : New Courses by @steemitblog.

Make sure you submit your Homework Task in the Steemit Crypto Academy community.

Thank You.
@stream4u
Crypto Professors : Steemit Crypto Academy

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