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Revolut Axelar Quiz Answers

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In this guide, you’ll learn the Revolut Axelar quiz answers for the crypto learn feature to earn $1.50 in WAXL.

Revolut Axelar Quiz Answers

Lesson 1: Meet Axelar

Question: Which of the following can describe Axelar?

Answer: All of the above

Question: What is the backbone of Axelar’s security approach?

Answer: Decentralisation

Question: Which of the following is true?

Answer: With Axelar, applications can seamlessly integrate with any blockchain

Lesson 2: The AXL Token

Question: How does Axelar recognise validators and token holders who faithfully secure the network?

Answer: By attributing rewards and a share of fees for transaction on the network

Question: Regarding Axelar’s token economics, which of the following is true?

Answer: The best structure for the network will be determined by Axelar tokenholders

Lesson 3: Axelar’s cross-chain feature

Question: How does Axelar improve on the security approach of first-generation bridges?

Answer: Using proof-of-stake validation

Question: Which of the following is true about Axelar General Message Passing?

Answer: It allows applications to send and receive logic across different chains, promoting cross-chain integration

Question: What differentiates Web3 development from traditional app development?

Answer: Web3 allows developers to integrate applications across blockchains, making a potential super app possible

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.