Quiz: Decentralized Finance (DeFi)
Decentralized Finance (DeFi) is an emerging application of blockchain technology. Test your knowledge of DeFi with this Swyftx Learn quiz.
Decentralized finance (DeFi) provides access to a range of financial products without relying on a central authority.
What does decentralized finance involve?
The Bitcoin blockchain is the foundation for the majority of decentralized finance.
The most popular use for decentralized applications (dApps) is...
DEX stands for Deterministic Expansion
What is an Automated Market Maker?
A liquidity pool is a decentralized pool of digital assets that is used to provide trading liquidity
The main advantage of a decentralized exchange is...
Staking is a way to earn rewards through locking up cryptocurrency to secure a blockchain network
Staking rewards are usually paid out in...
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