WorksheetsUXD Stablecoin
Total questions: 11
Worksheet time: 6mins
What category of stablecoins does UXD fit into?
Fiat-backed Stablecoin
Algorithmic Stablecoin
Crypto-backed Stablecoin
What is the UXD stablecoin backed by?
Crypto Collateral Deposit
Delta-negative position
Delta-positive position
Delta-neutral position
Which of the following are the main use-cases of a stablecoin?
As a quick way to increase your capital
A frictionless bridge between economies
A way to hedge against volatility
Which of the following is an example of a Fiat currency?
USDC, USDT
UST, UXD
USD
DAI, MIM
What is the biggest challenge that fiat-backed stablecoins face?
(In)Stability
(Lack of) Decentralisastion
(in)Efficiency
What challenge do crypto-backed stablecoins face?
(Lack of) Decentralisation
(In)Stability
(In)Efficiency
What have algorithmic stablecoins traditionally suffered from?
(Lack of) Decentralisation
(In)Efficiency
(In)Stability
UXD can currently be minted by depositing which of the following crypto collateral? (As of Feb 2022)
BNB
BTC
SOL
ETH
ADA
How much does UXD will you get from depositing $1 worth of crypto collateral?
$0.5
$1.7
$1.25
1$
Which decentralised exchange does UXD deposit its collateral into?
Drift Trade
Mango Markets
Coinbase
Binance
Serum
What does UXD Promise to solve?
The Stablecoin Dilemma
The Stablecoin Trilemma
The Stablecoin Monolemma
The Stablecoin Quadlemma
