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10 Questions

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Cryptocurrency Economics Quiz

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Questions and Answers

What is the main factor that affects the price of a cryptocurrency?

Mining and Staking

Yields

Token Burns

Supply and Demand (correct)

What are the two main elements of tokenomics?

Mining and Staking

Yields and Token Burns (correct)

Limited and Unlimited Supplies

Token Allocations and Vesting Periods

What is the purpose of token burns?

To increase the supply of tokens

To decrease the supply of tokens (correct)

To increase the demand for tokens

To decrease the demand for tokens

What is the purpose of token allocations?

To increase the supply of tokens Signup and view all the answers

What is the purpose of vesting periods?

To decrease the demand for tokens Signup and view all the answers

What type of incentives are used to encourage investors to buy and hold a specific coin or token?

Mining and Staking Signup and view all the answers

What type of policy does each cryptocurrency have?

Monetary Policy Signup and view all the answers

What are the main variables that developers change that affect tokenomics?