)What are the motivations behind DeFi?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter17: The Management Of Cash And Marketable Securities
Section: Chapter Questions
Problem 1QTD
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1.)Which of the following are examples of Decentralized Exchange Protocols?

I. Decentralized Order Book Exchanges

II. Smart Contract-Based Liquidity Pools

III. Peer-to-Peer (P2P)/Over-the-Counter (OTC) Protocols

IV. Smart Contract-Based Reserve Aggregation

 

 

a. I only.

b. I and II only.

c. I, II, III, and IV.

d. I, II, and III only.

e. II and III only.

 

2.)What are the motivations behind DeFi?

I. Promote financial inclusion by making financial services more accessible.

II. Promote efficiency and transparency of the financial system.

III. Reduce censorship and enhance user sovereignty.

 

a. II only.

b. I, II, and III.

c. I only.

d. II and III only.

e. I and II only.

 

please explain how you got the answers. Thank you

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