Deep Dive into XRPL DeFi Review Quiz

Deep dive into XRPL Defi with this course review quiz. Answer randomized questions from the course covering the inner workings of decentralized finance including safety and security, auto-bridging, pathfinding, liquidity pools, and more. Good Luck!

In the context of pathfinding on the XRPL, what is auto-bridging?
Where is the best place to store your private keys?
How does risk mitigation differ between traditional finance and DeFi?
Where do AMMs store currency?
What is the formula called that AMMs use to calculate a fair exchange rate?
Why is trading on the XRPL a little different than on other blockchains?
What is one benefit of transaction transparency in DeFi systems?
What is one of the advantages that DeFi has over traditional finance systems?
What should you consider when choosing a consensus mechanism for an EVM sidechain?
How do AMMs work?