Lesson 1
Liquidity and Fragility
How liquidity choices create hidden fragility in DeFi systems.
Start2 Micro-lessons
Micro lesson 1
Chasing Yield in Thin MarketsMicro lesson 2
Liquidity Withdrawal TimingLesson 2
Incentives and Unintended Loops
When incentive structures backfire and create feedback loops.
Start2 Micro-lessons
Micro lesson 1
Token Rewards and Wash TradingMicro lesson 2
Protocol Upgrades and Perverse IncentivesLesson 3
Governance and Capture
How governance mechanisms can be subtly undermined or captured.
Start2 Micro-lessons
Micro lesson 1
Delegation and Silent CaptureMicro lesson 2
Voting Fatigue and Decision Quality