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Revolut 1inch Quiz Answers

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In this guide, you’ll learn the Revolut 1inch quiz answers for the crypto learn feature to earn free 1inch Network tokens.

Revolut 1inch Quiz Answers

Lesson 1: Decentralized exchanges

Question: What facilitates an exchange on a DEX?

Answer: No one. The exchange is made peer-to-peer.

Question: Which of the following is a decentralized exchange?

Answer: Uniswap.

Question: What does DEX stand for in crypto?

Answer: Decentralized exchange.

Lesson 2: How do DEX aggregators work?

Question: What is the name of 1inch’s price search algorithm?

Answer: Pathfinder.

Question: How does 1inch compare prices?

Answer: 1inch aggregates trade options across DEX platforms.

Question: Which of the following is not a feature of 1inch’s Pathfinder?

Answer: Provide directions to your destination.

Lesson 3: DAOs and governance

Question: Which of the following is a characteristic of a DAO?

Answer: Decentralised.

Question: Who can vote on 1inch proposals?

Answer: Users who stake their 1INCH tokens.

Question: What is an example of a proposal DAO members could vote on?

Answer: Allocating treasury funds for a particular proposal.

Further reading

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About the author

Lim How Wei

Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies. He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps.

Lim has been quoted and referenced by major publications and media companies like WikiHow, Fast Company, HuffPost, Vice, New York Post, The Conversation, and many others. One of his articles about the gig economy was quoted by Joe Rogan who hosts The Joe Rogan Experience (arguably the most popular podcast in the world), in the This Past Weekend podcast by Theo Von.

In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others. He creates guides, walkthroughs, solutions, and more on games that he plays to help other players with their progression.