Module 2 Quiz

Test your understanding of DeFi building blocks covered in Lessons 5-8.

Passing Score: 70%

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Quiz Questions

See the interactive quiz at: frontend/defi-high-school/quizzes/intro-to-defi/module-02-quiz.html

Topics Covered:

• Decentralized exchanges (DEX) and AMMs

• Lending and borrowing in DeFi

• Yield and APY calculations

• Liquidity pools and liquidity providing

Key Concepts to Review:

1. How AMMs use liquidity pools instead of order books

2. Why DeFi loans require overcollateralization

3. Difference between APY and APR

4. Where DeFi yield comes from (and sustainability)

5. What impermanent loss is and when it occurs