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!

Why is the XRPL good for DeFi?
What should you consider when choosing a consensus mechanism for an EVM sidechain?
What is one benefit of transaction transparency in DeFi systems?
How does pathfinding benefit traders on a DEX?
What do Automated Market Makers (AMMs) do?
What does DeFi stand for, and what is its primary goal?
Where do AMMs store currency?
What is the formula called that AMMs use to calculate a fair exchange rate?
What is one of the advantages that DeFi has over traditional finance systems?
Where is the best place to store your private keys?