What does the acronym DeFi stand for?
How much do you know about DeFi?

Quiz
•
Professional Development
•
1st Grade
•
Medium

Woonkly Labs
Used 8+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Delocalized Finance.
Decentralized Finance.
Diversified Finance.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To interact with any DeFi it is essential ...
Register in the corresponding exchange.
Have a Wallet to store your assets (for example: Metamask).
Use a Hard Wallet (or cold wallet) as a Ledger connected to Metamask.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a DeFi, when you swap one token for another ...
You are exchanging tokens through a liquidity pool.
You are buying the tokens from other users of the platform.
You have to wait for the pool orders to intersect with other orders.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you swap one token for another, you have to take into account the liquidity of both tokens, because if it is little ...
The platform won't let you buy.
You make an impact on the price but you buy at the same price as before the hit.
You make an impact on the price and buy it more expensive.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you do Swap and the platform throws an "error" because the price of the token is volatile and has changed, the most convenient thing is ...
Raise the Slippage little by little until it allows me to buy.
Raise the Slippage by 5%.
Try again in a few minutes.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when you stake your tokens?
You receive a fixed return.
You get a variable return.
They will always be blocked for a period of time.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To add liquidity to a pool you have to...
Contribute the same amount of one token as another.
Contribute the amount you want of each token.
Provide the same value (in dollars) of one token as another.
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