Hey, this is Cryptonator again, bringing you another hot crypto news. This time great news comes from CakeDefi. They have just launched their own learn & earn program starting with $5 in DFI tokens.
To make it a little bit easier for you, I will provide you with the correct answers to the five lessons.
Question 1: How can DeFiChain be described in one sentence?
Answer: DeFiChain is a blockchain dedicated to Native Decentralized Finance for Bitcoin.
Question 2: What is Decentralized Finance?
Answer: Decentralized Finance are all types of financial applications without the need of a third-party intermediary like a bank
Question 3: What are the benefits of #NativeDeFi?
Answer: Code on Ethereum blockchains gets compiled and runs through a virtual machine. During this process, many issues can occur, making it less secure than #NativeDeFi blockchains like DeFiChain.
Question 4: 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.
Question 5: What is DeFiChain’s Decentralized Exchange?
Answer: DeFiChain’s decentralized exchange is the cornerstone of most decentralized financial applications in the DeFiChain ecosystem, enabling trading, liquidity mining, and more
CakeDeFi helps you to put your crypto to work and to generate passive income easily and uncomplicated. It is still possible to get the $30 sign-up bonus but only for a limited period of time!
If you haven't signed up for CakeDeFi yet, use this code to receive a $30 sign-up bonus after you made an initial deposit of $50 in any supported currency: 528168
More learn & earn lessons will follow. I can see that lessons for Ethereum and Bitcoin will follow ;)
I hope that this information is somehow valuable and helpful to you.
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