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BarnBridge is a sort of decentralized finance (DeFi) lego for creating tradeable tokens that expose a consumer to market volatility. As of March 2021, the platform is still in an early stage of launch.
Before taking the quiz, make sure to learn about BarnBridge through the provided short videos. Even though I provide the answers, the whole point is to learn something new.
You first have to sign up to Coinbase and go through the required KYC, make sure to have your ID card or passport next to you. In some cases the verification process can take a few days so be patient.
Once you're all set and that you have been verified, you can now take the quiz to which you will find the answers below. Please let me know if there are incorrect answers.
What is BarnBridge? Risk management protocol
What is SmartYield? APY risk management tool
What is the Bond Token? BarnBridge’s Governance Token
Thanks for reading.
Disclaimer: All information found on this article is for informational purposes only. I do not provide any personal investment advice so please make your own research before proceeding to any investment/trading actions.