Skip to content

Commit

Permalink
added questions
Browse files Browse the repository at this point in the history
  • Loading branch information
Lukman-01 committed Jan 28, 2025
1 parent 38c95bf commit c17c3ad
Show file tree
Hide file tree
Showing 7 changed files with 2,031 additions and 0 deletions.
303 changes: 303 additions & 0 deletions packages/nextjs/app/quiz/datas/DexesQuestions.tsx
Original file line number Diff line number Diff line change
@@ -0,0 +1,303 @@
export const DexesQuestions = [
{
question: "What is an Automated Market Maker (AMM) in the context of DeFi?",
options: [
"A centralized platform for trading cryptocurrencies",
"An algorithmic system for providing liquidity and pricing",
"A manual method for executing trades",
"A stablecoin pegged to fiat currencies",
],
correctAnswer: "An algorithmic system for providing liquidity and pricing",
},
{
question: "What is arbitrage in DeFi trading?",
options: [
"Trading on multiple exchanges to exploit price differences",
"Staking tokens to earn rewards",
"Providing liquidity to earn fees",
"Borrowing assets to increase leverage",
],
correctAnswer: "Trading on multiple exchanges to exploit price differences",
},
{
question: "What distinguishes a DEX from a centralized exchange?",
options: [
"DEXs rely on centralized servers",
"DEXs are powered by smart contracts and are non-custodial",
"DEXs only support fiat trading pairs",
"DEXs require KYC for all users",
],
correctAnswer: "DEXs are powered by smart contracts and are non-custodial",
},
{
question: "What is a DEX aggregator?",
options: [
"A centralized platform combining multiple exchanges",
"A tool that routes trades across multiple DEXs for optimal pricing",
"A smart contract for creating new tokens",
"A platform for staking rewards aggregation",
],
correctAnswer: "A tool that routes trades across multiple DEXs for optimal pricing",
},
{
question: "What is impermanent loss in liquidity provision?",
options: [
"Permanent loss due to smart contract failures",
"Temporary loss from price volatility between deposited assets",
"Loss due to high transaction fees",
"Loss caused by arbitrage trades",
],
correctAnswer: "Temporary loss from price volatility between deposited assets",
},
{
question: "What is liquidity mining?",
options: [
"The process of staking tokens for rewards",
"Earning rewards by providing liquidity to DEX pools",
"Using algorithms to predict token prices",
"Creating new liquidity pools for synthetic assets",
],
correctAnswer: "Earning rewards by providing liquidity to DEX pools",
},
{
question: "How does an AMM handle pegged stablecoins?",
options: [
"By adjusting interest rates",
"Through fixed supply mechanisms",
"By maintaining price stability within a narrow range",
"Using decentralized governance",
],
correctAnswer: "By maintaining price stability within a narrow range",
},
{
question: "What is transaction propagation in a DEX?",
options: [
"The distribution of transaction data across nodes",
"The execution of trades at a fixed price",
"The staking of tokens for liquidity",
"The removal of liquidity from pools",
],
correctAnswer: "The distribution of transaction data across nodes",
},
{
question: "What role do liquidity pools play in DEXs?",
options: [
"They store user private keys",
"They provide the liquidity required for trades",
"They calculate gas fees for transactions",
"They manage staking rewards",
],
correctAnswer: "They provide the liquidity required for trades",
},
{
question: "What is slippage in the context of DeFi trading?",
options: [
"The delay in transaction confirmation",
"The difference between expected and executed trade prices",
"The reward for providing liquidity",
"The cost of staking tokens",
],
correctAnswer: "The difference between expected and executed trade prices",
},
{
question: "What is a key advantage of using DEXs over centralized exchanges?",
options: [
"Higher transaction speed",
"Non-custodial nature and enhanced privacy",
"Elimination of smart contract risks",
"Fixed trading fees",
],
correctAnswer: "Non-custodial nature and enhanced privacy",
},
{
question: "How do arbitrage traders contribute to DEX liquidity?",
options: [
"By staking tokens",
"By balancing prices across platforms",
"By locking tokens in liquidity pools",
"By creating synthetic assets",
],
correctAnswer: "By balancing prices across platforms",
},
{
question: "What is the purpose of a fee in an AMM-based DEX?",
options: [
"To discourage trading",
"To compensate liquidity providers",
"To increase transaction delays",
"To support centralized governance",
],
correctAnswer: "To compensate liquidity providers",
},
{
question: "What is a flash swap in a DEX?",
options: [
"A trade executed in multiple transactions",
"A loan that must be repaid within the same transaction",
"A trade with fixed execution time",
"A staking mechanism for token rewards",
],
correctAnswer: "A loan that must be repaid within the same transaction",
},
{
question: "What is the impact of impermanent loss on liquidity providers?",
options: [
"It reduces the value of their provided liquidity",
"It increases their staking rewards",
"It eliminates trading fees",
"It prevents token swapping",
],
correctAnswer: "It reduces the value of their provided liquidity",
},
{
question: "What is a pegged stablecoin in the context of DEXs?",
options: [
"A cryptocurrency with a fixed supply",
"A stablecoin designed to maintain parity with a specific asset",
"A token used exclusively for staking",
"A synthetic asset backed by derivatives",
],
correctAnswer: "A stablecoin designed to maintain parity with a specific asset",
},
{
question: "What is the primary risk of using DEX aggregators?",
options: [
"High transaction fees",
"Inaccurate pricing due to delayed updates",
"Centralized control over trades",
"Limited asset availability",
],
correctAnswer: "Inaccurate pricing due to delayed updates",
},
{
question: "How does a DEX manage large trades?",
options: [
"By splitting them across multiple liquidity pools",
"By requiring manual approval",
"By using centralized servers",
"By increasing transaction fees",
],
correctAnswer: "By splitting them across multiple liquidity pools",
},
{
question: "What is the purpose of gas fees in DEX transactions?",
options: [
"To pay validators for securing the network",
"To reward liquidity providers",
"To calculate impermanent loss",
"To ensure stablecoin peg stability",
],
correctAnswer: "To pay validators for securing the network",
},
{
question: "What is a common strategy for mitigating impermanent loss?",
options: [
"Providing liquidity only for volatile token pairs",
"Staking tokens with low yields",
"Choosing stablecoin pairs for liquidity provision",
"Reducing the number of trades on a DEX",
],
correctAnswer: "Choosing stablecoin pairs for liquidity provision",
},
{
question: "What is the primary function of token swaps in DEXs?",
options: [
"To create new liquidity pools",
"To exchange one cryptocurrency for another",
"To stake tokens for rewards",
"To eliminate transaction fees",
],
correctAnswer: "To exchange one cryptocurrency for another",
},
{
question: "What distinguishes a constant product AMM from other types?",
options: [
"It maintains a fixed price for all assets",
"It uses a mathematical formula to determine prices",
"It supports only fiat currencies",
"It eliminates impermanent loss",
],
correctAnswer: "It uses a mathematical formula to determine prices",
},
{
question: "What is a major limitation of DEXs compared to centralized exchanges?",
options: [
"Higher transaction throughput",
"Lower liquidity in certain trading pairs",
"Enhanced privacy for users",
"Automated market making mechanisms",
],
correctAnswer: "Lower liquidity in certain trading pairs",
},
{
question: "How do liquidity providers earn rewards in a DEX?",
options: [
"Through transaction fees from trades in their pool",
"By manually executing trades",
"By holding governance tokens",
"By reducing impermanent loss",
],
correctAnswer: "Through transaction fees from trades in their pool",
},
{
question: "What is the purpose of rebalancing in an AMM liquidity pool?",
options: [
"To increase transaction speeds",
"To maintain the pool's token ratio",
"To eliminate arbitrage opportunities",
"To maximize staking rewards",
],
correctAnswer: "To maintain the pool's token ratio",
},
{
question: "What is front-running in the context of DEX trades?",
options: [
"Executing a trade immediately after another",
"Placing a trade with a higher gas fee to prioritize execution",
"Delaying a trade to manipulate prices",
"Reducing slippage in token swaps",
],
correctAnswer: "Placing a trade with a higher gas fee to prioritize execution",
},
{
question: "What is the primary purpose of governance tokens in a DEX?",
options: [
"To reward arbitrage traders",
"To grant voting rights for protocol upgrades",
"To reduce trading fees",
"To prevent impermanent loss",
],
correctAnswer: "To grant voting rights for protocol upgrades",
},
{
question: "What is the main role of a price oracle in AMM-based DEXs?",
options: [
"To eliminate slippage",
"To provide real-time asset prices for accurate trading",
"To stake liquidity pool tokens",
"To manage transaction propagation",
],
correctAnswer: "To provide real-time asset prices for accurate trading",
},
{
question: "How does a dynamic fee structure benefit an AMM?",
options: [
"By stabilizing impermanent loss",
"By adjusting fees based on market conditions",
"By eliminating gas fees",
"By increasing token minting rates",
],
correctAnswer: "By adjusting fees based on market conditions",
},
{
question: "What is the purpose of flash loans in DEX ecosystems?",
options: [
"To enable arbitrage and liquidity provision",
"To eliminate transaction fees",
"To manage pegged stablecoins",
"To rebalance liquidity pools",
],
correctAnswer: "To enable arbitrage and liquidity provision",
},
];

Loading

0 comments on commit c17c3ad

Please sign in to comment.