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Revolut Pyth Quiz Answers

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In this guide, you’ll learn the Revolut Pyth quiz answers for the crypto learn feature to earn $0.60 in PYTH for free.

Revolut Pyth Quiz Answers

Lesson 1: Introducing the Pyth Network

Question: What is the oracle problem?

Answer: Blockchains can’t send or receive data from external systems.

Question: Which statement represents Pyth’s core business model?

Answer: Pyth connects market data to blockchains.

Question: Which of the following categories are the majority of PYTH tokens used for?

Answer: Ecosystem growth.

Lesson 2: Pyth Price Feeds

Question: Pyth price feeds consist of interactions between the following parties:

Answer: Financial institutions, Pyth Network, and applications.

Question: What are the benefits of a pull oracle model vs a push oracle model?

Answer: Trust, cost, and speed.

Question: How many cross-chain updates has Pyth published?

Answer: Over 1 billion.

Lesson 3: Pyth Oracle Integrity Staking

Question: What does Oracle Integrity Staking protect?

Answer: DeFi applications and their users.

Question: When can stake tokens be slashed and distributed to impacted parties?

Answer: When data providers publish inaccurate data.

Question: Pyth Network is the first oracle to…

Answer: Offer protection for all published price feed data.

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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.