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Revolut Flare Quiz Answers

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In this guide, you’ll learn the Revolut Flare quiz answers for the crypto learn feature to earn €0.30 in FLR for free.

Revolut Flare Quiz Answers

Lesson 1: Introduction to Flare

Question: Which of these statements best describes blockchain?

Answer: Public ledger that records every transaction ever made on the network

Question: What makes Flare unique among blockchains?

Answer: Its built-in data oracles

Question: Which of the following can FLR be used for?

Answer: All of the above

Lesson 2: Democratised finance with Flare

Question: What is the goal of DeFi?

Answer: Give more people access to financial services without banks

Question: Which of the following is a DeFi opportunity available on Flare?

Answer: All of the above

Question: Why is stablecoin like USDT0 a popular option for DeFi newcomers?

Answer: Stablecoins are designed to stay close to $1

Lesson 3: Getting started on Flare

Question: What does a crypto wallet allow you to do?

Answer: All of the above

Question: Which of the following are considered DeFi specific risks?

Answer: All of the above

Question: Which of the following is not a feature that makes Liminite wallets unique for Flare?

Answer: Protects the user by requiring a memorised seed phrase

Further reading

Revolut VeChain Quiz Answers

Revolut Polyhedra (ZKJ) Quiz Answers

Revolut MEW Quiz Answers

About the author

Lim How Wei

Lim How Wei is the founder of followchain.org, with 9+ years of experience in Social Media Marketing and 5+ 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 (source: link profile). 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 uploads personal finance videos on his YouTube channel, Lim Finance, to guide others on their financial journey. He also creates gaming guides, walkthroughs, solutions, and tips for the games he plays, helping players with their progression.