{
  "questions": [
    {
      "question": "Which three protocol-level protections does Jupiter DTF provide to buyers?",
      "options": [
        "Onchain allocation locking, immediate liquidity at TGE, and curated vetting",
        "Fixed token prices, guaranteed profits, and VC exclusion",
        "Anonymous launches, burn mechanisms, and airdrop distribution",
        "CEX listings, token buybacks, and community governance votes"
      ],
      "correctAnswer": 0,
      "explanation": "Jupiter DTF protects buyers through onchain lock-up of unsold tokens via Jupiter Lock, immediate liquidity provisioning on Meteora at TGE, and a rigorous pre-launch vetting process."
    },
    {
      "question": "What happens to unsold tokens at the Token Generation Event (TGE) in a Jupiter DTF launch?",
      "options": [
        "They are burned to reduce total supply",
        "They are airdropped to $JUP stakers",
        "They are locked onchain via Jupiter Lock under enforced vesting schedules",
        "They are returned to buyers as a refund"
      ],
      "correctAnswer": 2,
      "explanation": "Unsold tokens reserved for the project team are locked onchain via Jupiter Lock at TGE, turning project promises into a transparent, verifiable smart contract."
    },
    {
      "question": "In the HumidiFi $WET token launch example, which of the following was NOT one of the three eligibility phases?",
      "options": [
        "Whitelisted (Wetlist) participants",
        "$JUP stakers",
        "Jupiter team allocation",
        "Public access"
      ],
      "correctAnswer": 2,
      "explanation": "The HumidiFi launch used three phases — Wetlist, $JUP stakers, and public access — with no separate phase for a Jupiter team allocation."
    },
    {
      "question": "Which risk does Jupiter DTF explicitly acknowledge despite its vetting process?",
      "options": [
        "All DTF projects are guaranteed to deliver on their roadmap",
        "A vetted project can still fail commercially or technically after launch",
        "DTF vetting eliminates all liquidity risk permanently",
        "Token prices are stabilized by Jupiter after TGE"
      ],
      "correctAnswer": 1,
      "explanation": "The lesson states that while vetting reduces the chance of outright fraud, it cannot predict execution risk or market reception, so a curated project can still fail after launch."
    }
  ]
}