❓ Quiz 2 Title : Explaining DeFi to a Normal Person Using Only Fast Food Metaphors
1. What does the traditional financial system compare to in the video?
- A giant fast food chain
2. What is a DAO like according to the video?
- A place where everyone votes on the menu
3. What is providing liquidity compared to?
- Bringing your own ketchup and mustard
4. What do you end up with in yield farming?
- A dessert tray full of APYs
5. What is yield farming compared to?
- Collecting reward points from food stands
6. What does DeFi remove from the process?
- Middlemen
7. What do you earn if people use your "condiments"?
- Loyalty cards
8. What does the video call DeFi in the end?
- The food court of the internet
9. What does the script call impermanent loss?
- A missing taco
10. What do you need to get fries in TradFi Burger?
- ID, credit check, and approval
11. What is DeFi compared to in the script?
- A global drive-thru taco truck