Online Exam

Certified DeFi Associate

Thank you for joining us for the Certified DeFi Associate workshop exam. We’re excited to see you apply what you’ve learned and take this important step in validating your skills and knowledge.

 

instructions:

Time Limit: You have 45 mins to complete​

Number of Questions: The exam consists of 25 MCQ-type questions​

Passing Criteria: A passing score of 65% is required to succeed.​

/25

Certified DeFi Associate

The number of attempts remaining is 3

Please enter your information below to start the exam.

1 / 25

What is an example of a stable coin from the below list?

2 / 25

Gas price on Ethereum Blockchain is typically denoted in

3 / 25

Are Dapps Web3 applications or Web2 applications?

4 / 25

Blockchain can be used for:

5 / 25

Ethereum is an open-sourced platform for decentralized applications.

6 / 25

Ether is cryptocurrency of Ripple blockchain?

7 / 25

Liquidation occurs when the value of the collateral provided is less than the borrowed funds.

8 / 25

Blockchains record the transfer and ensures the finality of the transaction?

9 / 25

All DEXs (Decentralized Exchanges) require KYC (Know your customer)?

10 / 25

Which of the following is a characteristic of blockchain technology?

11 / 25

What is the risk of using DeFi from the following list?

12 / 25

Below are some exchanges for buying and selling cryptocurrencies. Which one of the following is a Decentralized Exchange?

13 / 25

Stablecoins mitigate the volatile nature of cryptocurrencies?

14 / 25

What does the acronym DApp mean?

15 / 25

DeFi promises a trustless future with access to finance.

16 / 25

What is a blockchain wallet?

17 / 25

Which of the following is a feature of Dapps?

18 / 25

Dapps are interfaces that interact with blockchain through the use of

19 / 25

DAO stands for:

20 / 25

Which of the following is a disadvantage of dApp?

21 / 25

From the list below, what is the limitation of smart contracts:

22 / 25

DEXs mostly use liquidity pools to provide trading pairs.

23 / 25

Gas is used for all transactions on Ethereum.

24 / 25

What does the acronym DeFi mean?

25 / 25

Smart contracts are written in computer code and are self-executing in that they automatically perform the terms of the contract when predetermined conditions are met, relying on the blockchain network for execution.

Your score is

0%