Cake Defi DeFiChain Quiz Answers: Learn & Earn $5 DFI Token. Everything in DeFiChain. DeFiChain has developed ‘DeFiChain’, a blockchain for decentralized banking applications. DeFiChain is dedicated to decentralized finance with a focus on the functionality of blockchain and offers unparalleled fast and reliable transactions. This is not a prospectus. The document has no purpose and does not constitute a prospectus. Nothing contained here is intended to encourage investors. CakeDeFi DeFiChain Quiz Answers Today : Learn & Earn $5 DFI Token
Cake Defi DeFiChain Quiz Answers Today
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Cake Defi DeFiChain Quiz Answers: Learn & Earn $5 DFI Token
Q1. How can DeFiChain be described in one sentence?
Answer: DeFiChain is a blockchain dedicated to Native Decentralized Finance for Bitcoin.
Q2. What is Decentralized Finance?
Answer: Decentralized Finance are all types of financial applications without the need of a third-party intermediary like a bank
Q3. What are the benefits of #NativeDeFi?
Answer: Native Defi is more secure than non-Native Defi because the consensus happens directly on the native blockchain layer, instead of getting compiled and running through a virtual machine like on Ethereum.
Q4. What are the main ways to earn incredibly high yields with DeFiChain?
Answer: Staking and Liquidity Mining offer great and easy ways for anyone to earn block rewards with over 50% yearly returns.