Exercise 4: First Position Setup and Monitoring

⏰ Time Investment: 60-90 minutes 🎯 Goal: Set up and monitor your first money market position

📚 Required Reading Integration 📖 Primary: Lesson 4: Your First Money Market Position 📖 Supporting: Lesson 3: Risk Management Fundamentals

🏁 Phase 1: Pre-Position Checklist (15 minutes)

Preparation

Exercise 1: Complete setup checklist

• Wallet created/secured

• Network added (Arbitrum/Base)

• Funds bridged (if needed)

• Gas tokens ready

• Protocol website bookmarked

• Understanding of aTokens/receipt tokens

Notes: _________________________________

Pre-Position Checklist

💰 Phase 2: Position Setup (30 minutes)

Actual Setup

Exercise 2: Record your first position details

Position Details:

• Protocol: _____

• Network: _____

• Asset supplied: _____

• Amount: $_____

• Collateral toggle: _____ (ON/OFF)

• Expected APY: _____%

Transaction Details:

• Transaction hash: _____

• Gas cost: $_____

• Timestamp: _____

Verification

Exercise 3: Verify position

• Receipt tokens received in wallet

• Position appears on protocol dashboard

• APY matches expectations

• No error messages

Screenshot/Notes: _________________________________

📊 Phase 3: Monitoring Setup (20 minutes)

Dashboard Configuration

Exercise 4: Set up monitoring

Daily Checklist:

• Check balance growth

• Verify APY hasn't changed

• Review any alerts

• Note any issues

Tracking Template:

Date	Balance	APY	Notes
Day 1	$_____	_____%	_____
Day 7	$_____	_____%	_____
Day 30	$_____	_____%	_____

Position Tracking Template

✅ Phase 4: Week 1 Review (15 minutes)

Exercise 5: Review first week

• Position health: _____

• Yield earned: $_____

• Issues encountered: _________________________________

• Lessons learned: _________________________________

🎯 Next Steps

• Continue monitoring for first month

• Plan next position (if comfortable)

• Consider exploring borrowing (after more experience)

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← Back to Summary | Next: Exercise 5 →