In this post The Graph Quiz Coinbase and Answers we are going to write some quick quiz to test your knowledge about the Graph Coinbase. See how you got on and then check out the answers below if you want to know how you did. These The Graph Quiz Coinbase and Answers are corrected from the various sources. We also published Cryptocurrency Quiz and Answers, that will help you the most.
The Graph Quiz Coinbase
1. What information is indexed by The Graph?
ANSWER: Blockchain Data
2. What do you earn for delegating GRT to an Indexer?
ANSWER: GRT tokens
3. Who identifies high quality, useful data on The Graph?
ANSWER: Curators
4. What’s the best way to earn GRT Rewards?
ANSWER: Delegate GRT to a high quality indexer
5. What is BarnBridge?
ANSWER: A DeFi risk management protocol
6. What is SMART Yield?
ANSWER: An APY risk management tool
7. What is the $BOND token?
ANSWER: BarnBridge’s governance token
8. What is Amp?
ANSWER: A collateral token
9. How is Amp used on Flexa today?
ANSWER: Instant settlement assurance
10. What can you earn by staking Amp on Flexa?
ANSWER: AMP rewards
11. What blockchain is Polygon helping to scale?
ANSWER: Ethereum
12. Who runs Polygon network?
ANSWER: Polygon Validators
13. What is Polygon building?
ANSWER: An internet of blockchains on Ethereum
14. Who can deploy a blockchain with SKALE?
ANSWER: Any Ethereum application
15. How can SKL holders receive rewards?
ANSWER: Delegate SKL to a validator
16. The SKALE network is built to support…
ANSWER: An internet of blockchains
17. What are Ampleforth’s automatic supply changes called?
ANSWER: Rebases
18. What two tokens give the community control over the Ampleforth protocol?
ANSWER: AMPL and FORTH
19. Ampleforth is a censorship resistant _ that rebases once a day.
ANSWER: DeFi building block
20. UMA lets developers create what type of financial product?
ANSWER: Derivatives
21. Which network participants help UMA solve the oracle problem?
ANSWER: Liquidators and disputers
22. Which of these can be used to create a derivative on UMA?
ANSWER: All of these answers are correct!
23. What is Stellar?
ANSWER: A decentralized protocol that unites the world’s financial infrastructure
24. What are Stellar Lumens (XLM) used for?
ANSWER: Facilitating low-cost, universal payments
25. Why is Stellar good for sending remittances?
ANSWER: Transactions are fast, inexpensive, and global
26. Why would banks and businesses use Stellar?
ANSWER: To issue, exchange, and transfer tokens quickly and efficiently
27. How does Stellar’s Consensus Protocol work?
ANSWER: It relies on the cooperation of trusted nodes to confirm transactions
28. Who submits predictions to Numerai?
ANSWER: A global community of data scientists
29. Why do data scientists stake NMR tokens?
ANSWER: To back up predictions and earn rewards
30. What do data scientists pay to obtain Numerai’s financial data?
ANSWER: Nothing
31. How does Celo give greater access to financial tools?
ANSWER: By making crypto accessible on mobile phones
32. What are 3 things Celo is used for?
ANSWER: Staking, governance, and stability
33. What’s one way to send a Celo Dollar?
ANSWER: Using the Valora Mobile App
34. What is a key benefit of using Compound?
ANSWER: Earning Interest on your Crypto.
35. What do you need to do to borrow crypto with Compound?
ANSWER: Supply a Crypto asset as collateral.
36. Who gets to decide the future of the Compound protocol?
ANSWER: COMP token holders
37. What does NuCypher provide to users and apps?
ANSWER: End-to-end encryption
38. What does NuCypher use to protect your data?
ANSWER: Independent nodes to perform tasks
39. Which of these is NOT a use of the NU token?
ANSWER: Paying Ethereum transaction fees
40. What can investors do with Enzyme?
ANSWER: Manage and automate their crypto investing
41. What CAN’T you do with an Enzyme vault?
ANSWER: Invest in stocks, real estate, and commodities
42. Vault fees on Enzyme must be paid in what asset?
ANSWER: MLN
43. About how many smart devices are active today?
ANSWER: 35 billion
44. How can you earn crypto with IoTeX?
ANSWER: Generating data with smart devices
45. What devices does IoTeX offer for sale?
ANSWER: UCam security camera and Pebble data tracker
46. Which is not a requirement for a strong password?
ANSWER: Memorable (easy to remember)
47. Which is not a form of 2-step verification?
ANSWER: 1Password
48. Which of the following should you never share?
ANSWER: Your seed phrase
49. Which checks should you perform periodically to keep your account secure?
ANSWER: Check devices with access to your account
50. What is BAL?
ANSWER: Balancer’s governance token