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RE: DeFi Products - Crypto Academy / S4W8- Homework Post for @reminiscence01
Hello @psicoaprendiendo, I’m glad you participated in the 8th week of Season 4 of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:
| Criteria | Ratings |
|---|---|
| Presentation / Use of Markdowns | 2/2 |
| Compliance with topic | 1.5/2 |
| Spelling and Grammar | 1/1 |
| Quality of Analysis | 1.5/2 |
| Originality | 2/2 |
| #Club5050 | 0/1 |
| Total | 8/10 |
Observations:
Smart contracts are responsible for giving functionality to Defi products on the blockchain,
That's correct.
On this platform they carry out token exchanges built on the TRC-20 standard, which provides liquidity to the liquidity pools, rewards that are paid with TRON cryptocurrency.
Liquidity providers stake and freeze their asset on tron block to provide liquidity, while any network participant can partake in the swapping of TRC-20 token,
Recommendation / Feedback:
- The student have completed the assignment for this lesson.
- The student also answered all the questions in his/her own words.
- Good presentation, but some of your expalanation were shallow. please research more.
Thank you for participating in this homework.