Revolut Pyth Quiz Answers – Followchain

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In this guide, you’ll learn the Revolut Pyth quiz answers for the crypto learn feature to earn $0.60 in PYTH for free.

Revolut Pyth Quiz Answers

Lesson 1: Introducing the Pyth Network

Question: What is the oracle problem?

Answer: Blockchains can’t send or receive data from external systems.

Question: Which statement represents Pyth’s core business model?

Answer: Pyth connects market data to blockchains.

Question: Which of the following categories are the majority of PYTH tokens used for?

Answer: Ecosystem growth.

Lesson 2: Pyth Price Feeds

Question: Pyth price feeds consist of interactions between the following parties:

Answer: Financial institutions, Pyth Network, and applications.

Question: What are the benefits of a pull oracle model vs a push oracle model?

Answer: Trust, cost, and speed.

Question: How many cross-chain updates has Pyth published?

Answer: Over 1 billion.

Lesson 3: Pyth Oracle Integrity Staking

Question: What does Oracle Integrity Staking protect?

Answer: DeFi applications and their users.

Question: When can stake tokens be slashed and distributed to impacted parties?

Answer: When data providers publish inaccurate data.

Question: Pythg Network is the first oracle to…

Answer: Offer protection for all published price feed data.

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