# NCR Course Module 3
## Class 7 Lesson Plan
## Decentralized Finance (DeFi)
[(Recording)](https://t.me/ResearchWG/129/5186)
> Register for the class [here](https://near.social/xvii.near/widget/NCR.Index?tab=home)
**Facilitator**: [Chloe Lewis](https://near.social/mob.near/widget/MyPage?accountId=chloe.near)
**Co-Facilitators**: [Nedlar](https://near.social/mob.near/widget/ProfilePage?accountId=15870c8972a9fe6cdb7dfc2df835740108e8674cc170a091cd0ece0b9e4f6cfa) & [BGem](https://near.social/mob.near/widget/ProfilePage?accountId=bheegem.near)
**Guest lecturer**: Groggs ([X Profile](https://x.com/crypto_groggs?t=03SFW129vHk5vdw6ZVln7g&s=09)) ([BOS Profile](https://near.social/mob.near/widget/ProfilePage?accountId=bjirken.near)) from [Intel Near](https://x.com/intelnear)
**Date**: April 10, 2024 (week 7)
**Time**: 10 AM AST (2 PM UTC)
**Duration**: 1 hour
**Platform**: Virtual - [NCR Thread on Telegram](https://t.me/ResearchWG/181)
**Target Audience**: This session is intended for those seeking a comprehensive understanding of decentralized finance (DeFi) on NEAR Protocol, including its operation, significance, and governance.
### Learning Objectives
The session's primary goal is to deepen the participants' knowledge of the DeFi ecosystem, specifically within NEAR Protocol. Attendees will explore the key aspects that contribute to a robust DeFi landscape, including governance, stakeholder involvement, and innovation in the space.
### Pre-Reading Material
- **Course Syllabus**: [NRC Course Syllabus](https://hackmd.io/@doulos819/NRC)
- **Previous Modules**:
- [Class 1: Foundations of Blockchain and NEAR Protocol](https://hackmd.io/@doulos819/ncr-01)
- [Class 2: Methods for Blockchain Data Retrieval](https://hackmd.io/@doulos819/ncr-02)
- [Class 3: Data Transformation and Visualization Techniques](https://hackmd.io/@doulos819/ncr-03)
- [Class 4: Advanced Data Analysis Techniques](https://hackmd.io/@doulos819/ncr-04)
- [Class 5: Identifying Potential Research Topics](https://hackmd.io/@doulos819/ncr-05)
- [Class 6: Governance in Blockchain](https://hackmd.io/@doulos819/ncr-06)
- **Homework and Assignments**: [Homework and Assignment Thread on TG](https://t.me/ResearchWG/1436)
- **Ref Finance Documentation**: [Documentation for Ref Finance](https://guide.ref.finance/)
- **Academic Paper**: [Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit](https://arxiv.org/abs/2003.03810)
- **DeFi Dashboard**: [DeFi lama - NEAR](https://defillama.com/chain/Near)
#### Agenda
| Time | Topic | Presenter | Activity & Description | Resource |
|------------|-----------------------------------------|------------------|----------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------|
| 0-5 mins | Introduction | Chloe | Briefing on course outline, objectives, and overview of Class 6. | [ResearchWG on Telegram](https://t.me/ResearchWG) |
| 5-20 mins | DeFi on NEAR Protocol | Chloe | Analysis of DeFi on NEAR, focusing on governance models and current projects. | [Ref Finance Documentation](https://guide.ref.finance/) |
| 20-55 mins | Guest Speaker Presentation | Groggs ([X Profile](https://x.com/crypto_groggs?t=03SFW129vHk5vdw6ZVln7g&s=09)) ([BOS Profile](https://near.social/mob.near/widget/ProfilePage?accountId=bjirken.near)) | DeFi Overview from Memecoin Project Perspective | [Intel Near](https://x.com/intelnear) |
| 55-60 mins | Conclusion & Next Steps | Chloe | Summary of the session and a preview of the next module, focusing on specialized topics in blockchain. | [Next Class - 8: Non-Fungible Tokens (NFTs)](https://hackmd.io/@doulos819/ncr-08) |
#### Homework
- Add liquidity to any [farm on Ref Finance](https://app.ref.finance/v2farms).
- [General Farming Guide](https://guide.ref.finance/products/guides/farming)
- [Farming $marmaj <> $stNEAR](https://marmaj.org/farm/)
- Submit proof to: [Homework and Assignment Thread on TG](https://t.me/ResearchWG/1436)
#### Notes
This session is designed to be highly interactive, with ample opportunity for discussion and engagement with the guest speaker. Attendees are encouraged to participate actively and to bring forth any queries they might have about DeFi on NEAR.