Online Exam

Certified DeFi Associate

Thank you for joining us for the exam for Certified DeFi Associate workshop. 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

Which of the following is a disadvantage of dApp?

2 / 25

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

3 / 25

Are Dapps Web3 applications or Web2 applications?

4 / 25

Which of the following is a feature of Dapps?

5 / 25

What does the acronym DeFi mean?

6 / 25

Blockchain can be used for:

7 / 25

DEXs mostly use liquidity pools to provide trading pairs.

8 / 25

Ether is cryptocurrency of Ripple blockchain?

9 / 25

What does the acronym DApp mean?

10 / 25

Gas price on Ethereum Blockchain is typically denoted in

11 / 25

Ethereum is an open-sourced platform for decentralized applications.

12 / 25

DAO stands for:

13 / 25

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

14 / 25

DeFi promises a trustless future with access to finance.

15 / 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.

16 / 25

What is a blockchain wallet?

17 / 25

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

18 / 25

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

19 / 25

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

20 / 25

Which of the following is a characteristic of blockchain technology?

21 / 25

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

22 / 25

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

23 / 25

Gas is used for all transactions on Ethereum.

24 / 25

Dapps are interfaces that interact with blockchain through the use of

25 / 25

Stablecoins mitigate the volatile nature of cryptocurrencies?

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