1.)Which of the following are examples of Decentralized Exchange Protocols? I. Decentralized Order Book Exchanges II. Sm
Posted: Sun Jun 05, 2022 6:58 am
1.)Which of the following are examples of Decentralized Exchange
Protocols?
I. Decentralized Order Book Exchanges
II. Smart Contract-Based Liquidity Pools
III. Peer-to-Peer (P2P)/Over-the-Counter (OTC) Protocols
IV. Smart Contract-Based Reserve Aggregation
a. I only.
b. I and II only.
c. I, II, III, and IV.
d. I, II, and III only.
e. II and III only.
2.)What are the motivations behind DeFi?
I. Promote financial inclusion by making financial services more
accessible.
II. Promote efficiency and transparency of the financial
system.
III. Reduce censorship and enhance user sovereignty.
a. II only.
b. I, II, and III.
c. I only.
d. II and III only.
e. I and II only.
please explain how you got the answers. Thank you
Protocols?
I. Decentralized Order Book Exchanges
II. Smart Contract-Based Liquidity Pools
III. Peer-to-Peer (P2P)/Over-the-Counter (OTC) Protocols
IV. Smart Contract-Based Reserve Aggregation
a. I only.
b. I and II only.
c. I, II, III, and IV.
d. I, II, and III only.
e. II and III only.
2.)What are the motivations behind DeFi?
I. Promote financial inclusion by making financial services more
accessible.
II. Promote efficiency and transparency of the financial
system.
III. Reduce censorship and enhance user sovereignty.
a. II only.
b. I, II, and III.
c. I only.
d. II and III only.
e. I and II only.
please explain how you got the answers. Thank you