DeFi 101: Understanding Decentralized Finance Quiz

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DeFi 101: Understanding Decentralized Finance: a General level Cryptocurrency quiz. Test your knowledge with 8 questions!
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Questions

Question 1
What is the main benefit of DeFi?
A Zero fees
B Guaranteed profit
C Physical cash access
D No middlemen needed
Question 2
In DeFi, you can lend your crypto to earn:
A Interest
B Physical gold
C Free mining hardware
D Government tax breaks
Question 3
Which blockchain is the primary home for most DeFi apps?
A Bitcoin
B Ethereum
C Dogecoin
D Litecoin
Question 4
DeFi is designed to be accessible to:
A Only bank employees
B Only citizens of one country
C Only wealthy investors
D Anyone with internet access
Question 5
What is 'liquidity' in a DeFi pool?
A The number of miners
B The amount of electricity used
C Funds provided for trading
D The speed of the network

📋 This quiz has 8 questions in total.

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