<div><img class="img-auto" style="min-width: 100px; max-width: 225px;" src="https://www.quiz-maker.com/3012/CDN/91-4443656/download.jpeg" alt="download" width="94" height="76" /> </div> <div><span style="font-size: 36pt;">Entangle Protocol</span></div>

A digital illustration of a blockchain network depicting decentralized finance elements, including tokens, users, and liquidity pools, in a futuristic style.

Entangle Protocol Quiz

Test your knowledge about the Entangle Protocol and discover the innovative features of this decentralized finance project. This quiz is designed to help you learn while assessing your understanding of the protocol's fundamentals and its unique offerings.

10 engaging questions
Various question formats including multiple-choice and checkboxes
Learn from your wrong answers!

11 Questions3 MinutesCreated by ExploringEconomy27

Instructions:

1) There will be 10 questions.

2) You will get your score at the end, out of 15.

3) Scores each quetion carries:

• MCQs carry 1 score.

• True/False carry 2 scores.

• Checkboxes carry 1 mark for each correct checkbox.

4) This quiz is to educate people about Entangle protocol so try to learn from your wrong answers.

What is the purpose of the entangle protocol?

How does entangle.fi incentivize users to participate in its ecosystem?

Through yield farming and liquidity mining rewards

By offering zero transaction fees for all users

Through a referral program for attracting new users

By providing a decentralized exchange with the lowest slippage rates

How does entangle.fi differentiate itself from other DeFi protocols?

By offering cross-chain compatibility and interoperability

By providing advanced risk management tools for investors

By guaranteeing fixed interest rates for lending and borrowing

By focusing on social impact projects and charitable initiatives

How does Entangle use synthetic vaults?

It uses for Liquid Staking Derivatives

It uses for secure storage of cryptocurrencies

It uses for storing synthetic tokens on a blockchain

Mechanisms for generating synthetic assets using smart contracts

Which of the following Blockchains does Entangle Blockchain consists? (select any 3 options)

Application Layer

Modules Layer

Consensus Layer

Tendermint Core Layer

$NGL Tokens can NOT be acquired by:

Staking as a Validator

Staking as a Delegator

Keeper Oracle Rewards

NFT holder on GALXE

Which of the following problems in DeFi are solved by Entangle? (select any 3 options)

Siloed & Illiquid Capital

Capital Inefficiency for Liquidity Providers

Lack of Sticky Liquidity

High Transaction Fees

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