Module 1 · Lesson 2 · 9 min

A dollar can change jobs

What you'll be able to do

  • Re-label a position after it has been staked, lent, locked or used as margin.
  • Explain why staked ETH is beta plus carry, a principal token is dated carry, and perp margin is never reserve.
  • Calculate how much a stale sheet overstates your reserve.

This course is for members.

The DeFi University membership on Skool opens all 31 courses here, plus the live calls and community. Private coaching clients have access too.