before depositing your assets.
Thank you for being part of this lesson.
Crypto_Academy_divider_3.png
Homework Task
Crypto_Academy_divider_3.png
Some part of this homework task will require you to carry out a real transaction. You can perform a transaction as low as $1 to complete your illustration. Also, make your own research and don’t limit your knowledge only to the lesson.
a) In your own words, explain DeFi products and how it is shaping the present-day finance.
b) Explain the benefits of DeFi products to crypto users.
Discuss any DEX project built on the following network.
Binance Smart Chain
Tron Blockchain
In the DEX projects mentioned in question 2, give a detailed illustration of how to swap cryptocurrencies by swapping any crypto asset of your choice. Show proof of transaction from block explorer. (Screenshots needed)
Crypto_Academy_divider_3.png
Homework Guidelines
Crypto_Academy_divider_3.png
Homework must be posted in Steemit Crypto Academy community. Your homework title format should be " [Your Title] - Crypto Academy / S4W8- Homework Post for @reminiscence01".
Plagiarism is a great offense in Steemit Crypto Academy and it won’t be tolerated. Ensure you refrain from any form of plagiarism.
Your post should not contain less than 400 words.
All images, graphs, and screenshots from external sources should be fully referenced, and ensure to use watermark with your username on your own screenshots.
Use the tag #reminiscence01-s4week8 #cryptoacademy and your country tag among the first five tags. Also include other relevant tags like #defi, #dex #cryptocurrency.
I believe you are aware of #club5050 program going on in Steemit ecosystem. There's a reward for joining the program in Crypto Academy. Do not use the tag #club5050 if you wont participate in the program.
Homework task run from Sunday 00:00 October 24th to Saturday 11:59 pm October 30th UTC Time.
Only users with a minimum of 200 Steem Power and having minimum reputation of 55 are eligible to perform this homework. Also, note that you must not be powering down.
Users who have used upvote tools to gain SP or build their reputation are not eligible for this homework.