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Sweat Wallet What is DeFi Quiz Answers

Lim How Wei
September 5, 2024

Sweat Wallet is the easiest way to walk and earn crypto with no payment required.

Anyone can start minting SWEAT by walking and you can stake your SWEAT to earn rewards.

The more you stake, the better rewards you can access including gift vouchers and event tickers.

Additional features include a one-click login, sending SWEAT to others, and battling against friends.

To get started, sign up for Sweat here sweatco.in/i/limhowwei, download Sweat Wallet, and navigate to Home > Learn > Current Quiz.

This guide contains the Sweat Wallet Learn & Earn “What is DeFi?” quiz answers to earn 1 SWEAT.

Sweat Wallet What is DeFi Quiz Answers

Question: What is the best description of a ‘smart contract’?

Answer: Paper contracts that have been digitized and automated.

Question: What is one risk in DeFi?

Answer: If you lose your passwords, you lose your access to your crypto.

Question: What is one advantage of DeFi?

Answer: True financial autonomy.

Further reading

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Sweat Wallet Your First Step in Somnis: Rumble Rush Quiz Answers

Sweat Wallet Earn Crypto by mapping with Over the Reality (Map2Earn) Quiz Answers

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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.