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.​

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Certified DeFi Associate

The number of attempts remaining is 3

Please enter your information below to start the exam.

1 / 25

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

2 / 25

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

3 / 25

Stablecoins mitigate the volatile nature of cryptocurrencies?

4 / 25

What is a blockchain wallet?

5 / 25

Gas is used for all transactions on Ethereum.

6 / 25

Dapps are interfaces that interact with blockchain through the use of

7 / 25

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

8 / 25

Gas price on Ethereum Blockchain is typically denoted in

9 / 25

Are Dapps Web3 applications or Web2 applications?

10 / 25

DAO stands for:

11 / 25

Which of the following is a characteristic of blockchain technology?

12 / 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.

13 / 25

What does the acronym DApp mean?

14 / 25

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

15 / 25

Ether is cryptocurrency of Ripple blockchain?

16 / 25

Blockchain can be used for:

17 / 25

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

18 / 25

Which of the following is a disadvantage of dApp?

19 / 25

DEXs mostly use liquidity pools to provide trading pairs.

20 / 25

Ethereum is an open-sourced platform for decentralized applications.

21 / 25

What does the acronym DeFi mean?

22 / 25

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

23 / 25

Which of the following is a feature of Dapps?

24 / 25

DeFi promises a trustless future with access to finance.

25 / 25

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

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