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Test Your Knowledge

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What is an Initial Farming Offer (IFO)?

Question 1:


What is the primary purpose of IFOs in the DeFi space?

A. To raise funds from venture capitalists.


B. To raise funds directly from the community while maintaining decentralization.


C. To provide centralized control over token distribution.

Question 2:


What is the key advantage of IFOs over ICOs?

A. IFOs maintain decentralization by using DEXs.


B. IFOs offer more predictable returns.


C. IFOs are safer due to centralized control.

Question 3:


What is the main risk associated with IFOs?

A. Lack of liquidity on the DeFi platform.


B. Returns are less predictable and are typically higher risk due to the volatile nature of DeFi.


C. IFOs are always regulated by securities laws.

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