Module 1 Quiz

Test your understanding of DeFi fundamentals covered in Lessons 1-4.

Passing Score: 70%

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Quiz Questions

See the interactive quiz at: frontend/defi-high-school/quizzes/intro-to-defi/module-01-quiz.html

Topics Covered:

• What DeFi is and how it works

• Smart contracts as automated if-then programs

• Traditional vs decentralized finance

• Why DeFi was created

Key Concepts to Review:

1. How DeFi enables financial services without intermediaries

2. What smart contracts do and their limitations

3. Advantages and disadvantages of DeFi vs traditional finance

4. The problems DeFi was designed to solve

5. The "vending machine" analogy for smart contracts