What is Balancer?Balancer is an automated market maker (AMM) protocol that allows users to swap assets using liquidity pools, similar to Uniswap. Balancer differs from Uniswap in that liquidity pools can have up to 8 assets deposited in them, and the desired ratio between those assets can be set by the person that creates it. This allows users to create custom investment vehicles that can act like index funds, which comes with the added benefit of being able to maintain the ratios of the asse...

What is Balancer?Balancer is an automated market maker (AMM) protocol that allows users to swap assets using liquidity pools, similar to Uniswap. Balancer differs from Uniswap in that liquidity pools can have up to 8 assets deposited in them, and the desired ratio between those assets can be set by the person that creates it. This allows users to create custom investment vehicles that can act like index funds, which comes with the added benefit of being able to maintain the ratios of the asse...

Welcome to the Rabbit Hole 🐇 🕳️ Now that you learned how to lend on Compound, it's time to learn how to borrow. The goal of this tutorial is simple: Make sure you have the essentials to safely and securely borrow funds on Compound. What you will need for this quest:A web3 Wallet, such as MetamaskSome ETH to pay for gas feesThis tutorial assumes you understand how to use a web3 wallet and how to approve transactions + pay gas fees. If not, follow this guide to set up Metamask. Note: To ...

Welcome to the Rabbit Hole 🐇 🕳️ Now that you learned how to lend on Compound, it's time to learn how to borrow. The goal of this tutorial is simple: Make sure you have the essentials to safely and securely borrow funds on Compound. What you will need for this quest:A web3 Wallet, such as MetamaskSome ETH to pay for gas feesThis tutorial assumes you understand how to use a web3 wallet and how to approve transactions + pay gas fees. If not, follow this guide to set up Metamask. Note: To ...

What is Yearn?Yearn is a DeFi service that provides opportunities for users to passively invest through their core products: Vaults and Earn. This is done by pooling users' funds and socializing the transaction costs of moving those funds between other protocols that generate yield; such as dYdX, AAVE, and Compound. Vaults are like savings accounts for your crypto assets. They route your deposit through strategies that seek out the highest yield available in DeFi. This tutorial will focu...

What is Yearn?Yearn is a DeFi service that provides opportunities for users to passively invest through their core products: Vaults and Earn. This is done by pooling users' funds and socializing the transaction costs of moving those funds between other protocols that generate yield; such as dYdX, AAVE, and Compound. Vaults are like savings accounts for your crypto assets. They route your deposit through strategies that seek out the highest yield available in DeFi. This tutorial will focu...

✨ Welcome Crypto Explorers ✨ In today's tutorial, we will be exploring one of the ways to own your identity on the decentralized web. An ENS name is your username for the decentralized web that can be used to login across many different blockchain and web3 services. Once you set up your ENS name, you can use it as a website address, your identity, wallet/bank, and more! Let's get started!Watch the full video walkthrough using the shortened bit.ly links below.How to register an ENS n...

✨ Welcome Crypto Explorers ✨ In today's tutorial, we will be exploring one of the ways to own your identity on the decentralized web. An ENS name is your username for the decentralized web that can be used to login across many different blockchain and web3 services. Once you set up your ENS name, you can use it as a website address, your identity, wallet/bank, and more! Let's get started!Watch the full video walkthrough using the shortened bit.ly links below.How to register an ENS n...

What is Uniswap? 🦄Uniswap is a decentralized finance (DeFi) protocol for pooling liquidity and trading ERC-20 tokens on Ethereum. Uniswap removes the need for trusted intermediaries when exchanging assets via its automated market maker (AMM) model. This means anyone can permissionlessly trade any ERC-20 token using the Uniswap protocol 24 hours a day, 7 days a week. As the leading decentralized exchange (DEX) in DeFi, Uniswap has facilitated over $300 billion of trading volume since inceptio...

What is Uniswap? 🦄Uniswap is a decentralized finance (DeFi) protocol for pooling liquidity and trading ERC-20 tokens on Ethereum. Uniswap removes the need for trusted intermediaries when exchanging assets via its automated market maker (AMM) model. This means anyone can permissionlessly trade any ERC-20 token using the Uniswap protocol 24 hours a day, 7 days a week. As the leading decentralized exchange (DEX) in DeFi, Uniswap has facilitated over $300 billion of trading volume since inceptio...

What is Polygon?Polygon consists of two major components. Polygon Framework and Polygon Protocol. The polygon framework allows developers to spin up their own blockchain network that offers the same developer experience and security as Ethereum while also providing the scalability and flexibility of stand-alone blockchains. The Polygon Protocol provides the method of connecting two different Polygon Chains and the Ethereum Main Chain. Polygon lowers entry barriers by reducing the transaction ...

What is Polygon?Polygon consists of two major components. Polygon Framework and Polygon Protocol. The polygon framework allows developers to spin up their own blockchain network that offers the same developer experience and security as Ethereum while also providing the scalability and flexibility of stand-alone blockchains. The Polygon Protocol provides the method of connecting two different Polygon Chains and the Ethereum Main Chain. Polygon lowers entry barriers by reducing the transaction ...

Welcome down the DeFi Rabbit Hole 🐇 🕳️ Are you looking to supply your assets for the Compound Quest? Well, you're in the right place. The goal of this tutorial is simple: Make sure you understand the essentials to safely and securely supply assets and earn interest on the Compound protocol. What you will need for this quest:A web3 Wallet, such as MetamaskSome ETH to pay for gas feesAny other erc-20 tokens you might want to lend This tutorial assumes you understand how to use a web3 wal...

Welcome down the DeFi Rabbit Hole 🐇 🕳️ Are you looking to supply your assets for the Compound Quest? Well, you're in the right place. The goal of this tutorial is simple: Make sure you understand the essentials to safely and securely supply assets and earn interest on the Compound protocol. What you will need for this quest:A web3 Wallet, such as MetamaskSome ETH to pay for gas feesAny other erc-20 tokens you might want to lend This tutorial assumes you understand how to use a web3 wal...

Alchemix lets you take out loans against Ethereum and/or DAI that repay themselves over time. Using synthetic tokens native to the protocol & backed by future yield, users can deposit ETH or DAI to mint alETH or alUSD, which can be borrowed and used however you want. How do the loans repay themselves? When you deposit collateral into Alchemix, it starts generating yield immediately from Yearn Finance vaults. The yield earned on your collateral is then used to pay off the loan you took out. Wh...

Alchemix lets you take out loans against Ethereum and/or DAI that repay themselves over time. Using synthetic tokens native to the protocol & backed by future yield, users can deposit ETH or DAI to mint alETH or alUSD, which can be borrowed and used however you want. How do the loans repay themselves? When you deposit collateral into Alchemix, it starts generating yield immediately from Yearn Finance vaults. The yield earned on your collateral is then used to pay off the loan you took out. Wh...

✨ Welcome Crypto Explorers ✨ In this tutorial, we will be learning how to be a liquidity provider (LP) on Uniswap (Optimism Network). We'll be covering how to add Optimism to your wallet, deposit funds onto the Optimism network, and how to provide liquidity on Uniswap. Let's get started!What is Uniswap?Uniswap is an Ethereum-based decentralized exchange (DEX) that allows anyone to swap ERC20 tokens without order books. The Uniswap protocol provides incentives for people to become li...

✨ Welcome Crypto Explorers ✨ In this tutorial, we will be learning how to be a liquidity provider (LP) on Uniswap (Optimism Network). We'll be covering how to add Optimism to your wallet, deposit funds onto the Optimism network, and how to provide liquidity on Uniswap. Let's get started!What is Uniswap?Uniswap is an Ethereum-based decentralized exchange (DEX) that allows anyone to swap ERC20 tokens without order books. The Uniswap protocol provides incentives for people to become li...

The Weekly Hop is a newsletter covering the leaders behind RabbitHole, a platform onboarding the next million users into crypto while training and connecting them to work opportunities in DAOs. Since the launch of RabbitHole, the core team has been responsible for creating quests to guide users through various tasks in understanding crypto. This process includes: creating content, submitting proposals for what tasks should be included, developing queries to track completions, and designing NF...

The Weekly Hop is a newsletter covering the leaders behind RabbitHole, a platform onboarding the next million users into crypto while training and connecting them to work opportunities in DAOs. Since the launch of RabbitHole, the core team has been responsible for creating quests to guide users through various tasks in understanding crypto. This process includes: creating content, submitting proposals for what tasks should be included, developing queries to track completions, and designing NF...

What is SushiSwap? 🍣SushiSwap is a decentralized exchange (DEX) and lending market on Ethereum. Unlike a centralized exchange, SushiSwap is non-custodial and trustless. It uses an automated market maker (AMM) model to facilitate peer-to-peer exchanges of any two ERC-20 tokens in real time. SushiSwap has quickly evolved into one of the most sophisticated token liquidity engines in decentralized finance (DeFi) by releasing innovative product offerings that stretch our conception of what a DEX ...

What is SushiSwap? 🍣SushiSwap is a decentralized exchange (DEX) and lending market on Ethereum. Unlike a centralized exchange, SushiSwap is non-custodial and trustless. It uses an automated market maker (AMM) model to facilitate peer-to-peer exchanges of any two ERC-20 tokens in real time. SushiSwap has quickly evolved into one of the most sophisticated token liquidity engines in decentralized finance (DeFi) by releasing innovative product offerings that stretch our conception of what a DEX ...

What is Balancer?Balancer is an automated market maker (AMM) protocol that allows users to swap assets using liquidity pools, similar to Uniswap. However, Balancer differs from Uniswap in a major way in that the liquidity pools are able to have up to 8 assets deposited in them, and the desired ratio between those assets can be set by the person that creates it. This essentially allows users to create custom investment vehicles that can act like index funds in which they can collect transactio...

What is Balancer?Balancer is an automated market maker (AMM) protocol that allows users to swap assets using liquidity pools, similar to Uniswap. However, Balancer differs from Uniswap in a major way in that the liquidity pools are able to have up to 8 assets deposited in them, and the desired ratio between those assets can be set by the person that creates it. This essentially allows users to create custom investment vehicles that can act like index funds in which they can collect transactio...