Decentralized Finance (DeFi) for the Metaverse FP Fresco play / Tfactor / iEvolve MCQ’s for the Course ID 74302 Final Assessment Question and Answers…..
Employees who are working in Corporate companies those employees everyone need to complete with their respective mandatory trainings. Here we will provide some Courses with question & answers. Please check the below MCQ’s and choose the right answer and complete your mandatory trainings. MCQ for EAS SAP FIORI Generic E0 iON LX SP Assessment
Decentralized Finance (DeFi) for the Metaverse Fresco play / tfactor for the Course ID 74302
______ is the process of depositing cryptocurrency token or a coin in a yield farming project where the individuals aim at obtaining interests on their deposits. Select the option that best completes the statement.
- None of the given options
- Yield Farming
- Liquidity Mining
- Staking
Stacking your returns to maximize like money legos, happens in _____________. Select the option that best completes the statement.
- Lending Platforms
- Liquitdity Platforms
- Yield Farming
- Staking
Select the area(s) in which DeFi Apps is/are present.
- Betting
- Insurance
- Insurance, Betting and Prediction
- Prediction
Select the option that describes how DeFi useful in borrowing and lending.
- All given options
- Standariztion
- Instant Transaction Settlement
- Relief from Credit Checks
Select the different forms and shapes in which DeFi wallets can exist.
- Mobile Applications and Web Wallet
- Mobile Applications, Browser Extension and Web Wallet
- Mobile Applications and Hardware Wallet
- Mobile Applications, Browser Extension, Web Wallet and Hardware Wallet
_________ is actually a token that can support the governance of operations alongside influencing the direction of a project, coin, or token under the control of the concerned. Select the option that best completes the statement.
- Governance Token
- Token
- Incentive Token
- None of the given options
Substrate is the language for Etherium . Select whether te statement is ‘True’ or ‘False’.
- True
- False
___________ is one of the most promising applications of DeFi and can operate without a physical location. Select the option that best completes the statement.
- DeFi Token
- DEX
- DeFi Wallets
- ERC -20 Token
Select the option that shows the correct order for earning money using DeFi. In the order of low risk, low return to the high risk and high return option.
- Liqudity Platforms, Yield Farms, Lending Performs and Staking
- Staking, Yield Farms, Lending Performs and Liqudity Platforms
- Yield Farms, Liqudity Platforms, Lending Performs and Staking
- Lending Performs, Liqudity Platforms, Staking and Yield Farms
Decentralized Finance (DeFi) is decentralized finance using a crypto but with banks and institutions. Select whether this statement is ‘True’ or ‘False’
- True
- False
*** _____________are automatic pricing maneuvers in Lending platforms.*** Select the option that best completes the statement.
- Lending Platforms
- Compound Unique
- None of the given options
- Bonding Curves
Staking can bring around 1-4 % return ,but can help to get 6% return with some benchmarks. Select whether this statement is ‘True’ or ‘False’
- True
- False
Liquidity pool is based on pairing a ________ and ___________. Select the options that best complete the given statement.
- Stablecoin and Token
- None of the given options
- Stablecoin and Governance Token
- Token and Governance Token
_________ is/are examples of DEXs and Aggregators. Select the option(s) that best complete(s) the statement.
- Radar
- Radar, IDEX and ParaSwap
- ParaSwap
- IDEX
The ________token can be used in smart contracts to issue Synths. Select the option that best completes the statement.
- SNX
- cToken
- Vega
- Uma
Decentralized Insurance helps to have claims faster and cheaper. Select whether the given statement is ‘True’ or ‘False’.
- False
- True
*** _____________ is a multi collateral DAI system and generated by its governance.*** Select the option that best completes the statement.
- Compound
- Aave
- None of the given options
- Maker
__________is an example in Insurance which uses smart contracts helping them to reduce administrative cost, which is on top of Ehterium. Select the option that best completes the statement.
- CDx
- Etherisc
- Nexus Mutual
- Yearn Finance
______________is the creation of virtual assets which represents assets in physical world or virtual world. Select the option that best completes the statement.
- Cryptocurrency
- Tokenizaion
- Fiat Currency
_____________ is backed by cryptocurrency or in cases basket of different stable coins as well. Select the option that best completes the statement.
- DAI
- Teher Gold
- USD Coin
- SteemDollar
Select the option(s) that acts as a bridge between the blockchain and the real world and helps to manage integrity and correctness.
- Tellor
- DIA, Tellor and Chainlink
- DIA
- Chainlink
Select the option that is Infrastructure cryptocurrency.
- BTH
- ATOM
- REP
- LINK
___________ privacy coin ,can be more often used for terrorists or criminal activity. Select the option that best completes the statement.
- None of the given options
- BTH
- Stablecoin
- Fiat Currency
Compound in the lending and saving is totally centralized and remain with large pool or group of people. Select whether this statement is ‘True’ or ‘False’.
- True
- False