Coinbase Quiz Answers: All Test Answers

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This includes quizzes on The Graph, Compound, Amp, and others.

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Coinbase Loopring Quiz Answer Questions

Q: What is Loopring?
A: An Ethereum scaling protocol

Q: What is NOT an advantage of using Loopring?
A: Requires a traditional bank account

Q: What is LRC?
A: Loopring Governance Token

Answers to the Coinbase Bounce quiz

Q: What is Bounce?
A: A decentralized auction protocol

Q: How can you use Bounce?
A: Create or participate in auctions

Q: Where can you use the Bounce app?

Coinbase Cartesi quiz answer questions

Q: What enables Cartesi?
A: For developers to use mainstream software to code smart contracts.

Q: What is the name of Cartesi’s innovative scaling technique for blockchain?
A: Optimistic rollups

Q: How can CTSI holders participate?
A: Delegate or run a node on Cartesi Explorer

Answers to the Coinbase ANKR Quiz

Q: What does the Ankr platform NOT provide?
A: Integration with traditional banks

Q: What can you NOT do with the ANKR token?
A: Send bank transfers

Q: What can Ankr users expect in the future?
A: Earn rewards with advanced DeFi strategies

Coinbase Rally Quiz Answers

Q: What is Rally?
A: A decentralized network for launching social tokens

Q: Which of these is not a use of RLY?
A: Pay Ethereum transaction fees

Q: Which of these below is NOT the way Val fans use ValCoin?
A: Buying Bitcoin

Coinbase quiz answers

Q: What can people create with
A: Software agents that automate tasks

Q: What is a role of the FET token?
A: To power agents

Q: What do you plan to support in the future?
A: Automated interactions with industries such as travel and healthcare

Coinbase Balancer Quiz Answers

Q: What can you do with Balancer?
A: Trade cryptocurrencies and invest via Balancer pools

Q: What are Balancer pools?
A: Self-balancing crypto wallets

Q: What is BAL?
A: Balancer Governance Token

Coinbase Clover Finance Quiz Answer Questions

Q: What can developers build with clover finance?
A: dApp with cross-chain compatibility

Q: What can you use to interact with dApps?
A: Clover Financial Portfolio

Q: Clover finance wants to increase the usefulness and accessibility of
To: DeFi

Coinbase The Graph quiz answers

Q: What information is indexed by The Graph?
A: Blockchain Data

Q: What do you gain from delegating GRT to an indexer?
To: GRT Token

Q: Who identifies useful, high-quality data on The Graph?
To: Curators

Q: What is the best way to earn GRT Rewards?
A: Delegate GRT to a high-quality indexer

Coinbase BarnBridge Quiz Answers

Q: What is BarnBridge?
A: A DeFi risk management protocol

Q: What is SMART Yield?
A: An APY risk management tool

Q: What is the $BOND token?
A: BarnBridge Governance Token

Coinbase Amp Quiz Answers

Q: What is Amp?
A: A collateral token

Q: How is Amp used on Flexa today?
A: Guarantee of immediate liquidation

Q: What can you earn by betting Amp on Flexa?
A: AMP Rewards

Coinbase Polygon Quiz Answers

Q: Which blockchain is helping Polygon scale?
To: Ethereum

Q: Who runs the Polygon network?
A: Polygon validators

Q: What is the Polygon building?
A: A blockchain internet on Ethereum

Coinbase Skale quiz answer questions

Q: Who can implement a blockchain with SKALE?
A: Any Ethereum application

Q: How can SKL holders receive rewards?
A: Delegate SKL to a validator

Q: The SKALE network is built to support…
A: A blockchain internet

Answers to the Coinbase Ampleforth quiz

Q: What is the name of Ampleforth’s automatic supply changes?
A: Rebasing

Q: What two tokens give the community control over the Ampleforth protocol?

Q: Ampleforth is a censorship-resistant _ it bounces once a day.
A: DeFi Building Block

Coinbase UMA Quiz Answers

Q: Does UMA allow developers to create what type of financial product?
A: Derivatives

Q: Which network participants help UMA solve the oracle problem?
A: Liquidators and protesters

Q: Which of these can be used to create a derivative on UMA?
A: All these answers are correct!

Coinbase Stellar Quiz Answers

Q: What is Stellar?
A: A decentralized protocol that unites the world’s financial infrastructure

Q: What are Stellar Lumens (XLM) for?
A: Facilitate low-cost universal payments

Q: Why is Stellar good for sending remittances?
A: Transactions are fast, cheap and global

Q: Why should banks and companies use Stellar?
A: To issue, exchange and transfer tokens quickly and efficiently

Q: How does Stellar’s consensus protocol work?
A: Relies on the cooperation of trusted nodes to confirm transactions

Coinbase Numeraire quiz answer questions

Q: Who sends the forecast to Numerai?
A: A global community of data scientists

Q: Why do data scientists rely on NMR tokens?
A: To back up your forecasts and earn rewards

Q: What do data scientists pay to obtain Numerai financial data?
A: Nothing

Answers to the Coinbase Celo quiz

Q: How does Celo offer greater access to financial instruments?
A: Making cryptocurrencies accessible on mobile phones

Q: What are 3 celo things used for?
A: Staking, governance and stability

Q: What is a way to send a Celo Dollar?
A: Using the Valora mobile app

Coinbase Compound Quiz Answer Questions

Q: What is a key benefit of using Compound?
A: Earn interest on your Crypto.

Q: What do you need to do to borrow cryptocurrencies with Compound?
A: Provide a Crypto asset as collateral.

Q: Who can decide the future of the Compound protocol?
A: COMP Token Holders

Coinbase NuCypher Quiz Answer Questions

Q: What does NuCypher offer users and apps?
A: End-to-end encryption

Q: What does NuCypher use to protect your data?
A: Independent nodes to perform tasks

Q: Which of these is NOT a use of the NU token?
A: Pay Ethereum transaction fees

Coinbase Enzyme Quiz Answers

Q: What can investors do with Enzyme?
A: Manage and automate their cryptocurrency investments

Q: What can you NOT do with an enzyme vault?
A: Investing in stocks, real estate and commodities

Q: Do Vault fees on Enzyme need to be paid in which asset?

Coinbase IoTeX Quiz Answers

Q: How many smart devices are active today?
A: 35 billion

Q: How can you earn cryptocurrencies with IoTeX?
A: Generating data with smart devices

Q: What devices does IoTeX offer for sale?
A: UCam Security Camera and Pebble Data Tracker

Coinbase USD Coin quiz answers

Q: What is not a requirement for a strong password?
A: Memorable (easy to remember)

Q: What is not a form of 2-step verification?
To: 1Password

Q: Which of the following things should you never share?
A: Your seed phrase

Q: What checks do I need to do periodically to protect my account?
A: Check devices with access to your account

Coinbase Quant Quiz Answers

Q: What is the name of the Quant?
integration framework
A: Overledger Operating System

Q: What does OVN mean?
A: Overledger Network

Q: Does wheat make OVN?
A: All of the above

Coinbase iExec RLC Quiz Answers

Q: What are the main benefits of the iExec marketplace?
A: All of the above

Q: What is the RLC token for?
A: All of the above

Q: What is the Oracle Factory?
A: A tool to facilitate the creation of oracles

Coinbase Jasmy Quiz Answers

Q: What is the Jasmy token for?
A: To access datasets on the Jasmy marketplace

Q: What does the Jasmy platform allow users to do?
A: Protect and take ownership of their data.

Q: What region is Jasmy currently focusing on?
In: Asia

Coinbase Cryptex Finance Quiz Answers

Q: What is Cryptex Finance?
A: A DAO that provides decentralized products for cryptocurrency users

Q: What is the CTX token?
A: An ERC-20 governance token that powers and secures the cryptex protocol

Q: What is the future of cryptex?
A: A full range of fully decentralized Cryptex tokens all governed by CTX

Coinbase Render Quiz Answers

Q: What is the rendering network?
A: A decentralized GPU rendering marketplace

Q: How do users earn RNDR?
A: Rendering 3D artworks

Q: What are the future prospects in the Render?
A: Monetization of 3D objects and environments


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