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PulseX

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

WHAT is PulseX?

a)

PulseX stands for Pulse Chain dynamics

b)

PulseX stands for Pulse Chain Farming

c)

PulseX stands for Pulse Chain's blockchain

d)

PulseX stands for Pulse Chain Exchange

2.

PulseX is the first DEX ever in crypto history where people got half of their Liquidity Position for free.

a)

True

b)

False

3.

What is a DEX?

a)

Centralized Exchange

b)

Decentralized Farming Protocol

c)

Decentralized Exchange

d)

Centralized Farming Protocol

4.

What is the difference between a Centralized Exchange and a Decentralized Exchange?

The basic difference between Custodial Vs Non-custodial is that in custodial the private key is held by a third party and in non-custodial, users are themselves responsible and in full control of their assets.

a)

A Centralized Exchange is non-custodial and a Decentralized Exchange is custodial

b)

A Centralized Exchange is custodial and a Decentralized Exchange is non-custodial

5.

PulseX is the first DEX ever in crypto history where people got half of their Liquidity Position for free.

a)

True

b)

False

6.

PulseX will exclusively run on PulseChain

a)

True

b)

False

7.

PulseX is a SushiSwap fork

a)

True

b)

False

8.

The goal of PulseX is to provide PulseChain users with the best possible trading experience & yield farm.

a)

True

b)

False

9.

What does PulseX stand for?

a)

PulseChain X

b)

PulseChain Extra

c)

PulseChain Exchange

d)

PulseChain Centralized Exchange

10.

When you get airdropped PLSX they will be worth nothing. You won’t have to pay any taxes on that airdrop.

a)

True

b)

False