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Lesson # 4
Liquidity Pools and Front-End Risks
Blockchain Basics
1. What is a key sign of a low-liquidity pool on a DEX?
A. The pool supports staking
B. A small trade causes a high price impact
C. The token has high market cap
D. The project has a roadmap
2. What is a honeypot token?
A. A token that gives high yield but high risk
B. A token you can buy but cannot sell due to smart contract restrictions
C. A token that supports only one blockchain
D. A reward token for staking in pools
3. Which of the following tools is designed specifically to test if a token is a honeypot?
A. RugDoc
B. DexTools
C. Honeypot.is
D. Uniswap
4. When analyzing a token on Uniswap, which of the following is the BEST indicator of strong liquidity depth?
A. Low slippage tolerance
B. Token price goes up quickly
C. High Total Value Locked (TVL) and balanced pool reserves
D. Token has a long name
5. What should you do BEFORE swapping into a newly launched token to avoid a scam?
A. Join their Discord
B. Check CoinGecko listing
C. Verify the contract address and use tools like Token Sniffer or Honeypot.is
D. Watch their launch video