Binance Learn Earn Quiz Answers
Get $11 Free For All From Binance Learn & Earn Quiz
Binance Learn Earn Quiz Answers – Hello Coolz Readers!! Here comes the biggest loot from Binance every users who will give the correct answers will receive $11 Free in their Binance Spot Account For Free. In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto.
Binance Learn & Earn Event :
Binance is excited to announce that we will soon launch the next round of “Binance Learn & Earn”, where users can gain knowledge on blockchain and earn free crypto by completing courses and quizzes.
All KYC-verified users can begin to read the articles and watch the video(s) anytime from now, and complete quizzes from 2023-02-16 09:00 (UTC) while token supplies last! Eligible users will stand a chance to receive a predetermined amount of BNB, EOS tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.
- Also Read : Coindcx Learn & Earn Quiz answers
Get Upto $10 Free For All From Binance Learn & Earn Quiz :
New Timing : 10th October 2023 , 02.30 PM [Exact time will be added in Our Telegram Channel]
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1. First of All Sign Up on Binance or Login in your Binance Account From Here.
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3. You will be able to see All Binance Learn & Earn Quiz which you need to complete. Tap on Start Now Quiz one by one.
4. Here i am providing you all Binance Learn & Earn Quiz answers below.
5. Check Out Binance Learn & Earn Quiz Answers From Here.
Binance Learn & Earn DEXE Quiz Answers
Q.1 Who are the Experts?
Answer: People or DAOS whose competency and expertise DAO members trust
Q.2 What is the role of these experts?
Answer: To improve decision-making
Q.3 What is the utility of the DEXE token?
Answer: Governs DeXe Protocol DAO
Q.4 What are the benefits of delegating to experts?
Answer: Better decision-making and rewards multipliers
Q.5 How are rewards distributed to the DAO community?
Answer: To everyone who creating proposals and voting
Q.6 What is the DeXe Protocol?
Answer: Infrastructure for creating and governing DAOS
Q.7 What is the DeXe DAO Studio?
Answer: An advanced platform for creating and governing DAOS in one place
Q.8 What delegation system is proposed on the DeXe DAO Studio?
Answer: Experts and subDAOS Delegation
Q.9 Which three DAO Voting Systems does the DeXe DAO Studio offer?
Answer: Meritocratic, Linear, Custom
Q10. How many smart contracts does the DeXe Protocol contain?
Answer: 50+
Binance Learn & Earn Polkadot Quiz Answers
What is the mission of PolkaDOT Network?
To power the movement for a better web
What doesinteroperability mean on Polkadot?
Apps and services can securely communicate across blockchains
which of the following is founder of Polkadot?
Gavin wood
What is blockspace?
The core product of blockchains
which of the following is NOT a benefit of building a custom blockchain on Polkadot?
Built-in AI Features
Which of the following are use cases that Polkadot supports?
All of the options
Polkadot developers who need more functionality and scalability should build:
A custom blockchain
Which stage companies does Polkadot support?
All of the options
which limitations of bridges does Polkadot address?
They have limited functionality and security flaws
Binance Learn & Earn EDU Quiz Answers
Date : From 17th August 2023
Time : 02.30 PM IST
Answers : We will update it on Our Telegram Channel & Here in this section
In case of any changes, Answers will be updated here & 1st on net on our Telegram channel once quiz is live
Binance EDU Quiz Answers
| Binance Learn & Earn EDU Quiz | Answers |
|---|---|
| What is $EDU? | The native token of Open Campus |
| What is a co-publisher? | Promote and market the teachers’ content with different communities |
| What is the $10M Global Educators Fund? |
A fund to support teachers in creating content on Open Campus |
| What is Open Campus? | A decentralized education platform for teachers, creators, and learners |
| What is the governance role of $EDU owners in the protocol? |
They can vote on proposals submitted through the Open Campus DAO |
| What do Publisher NFTs allow content creators to do? |
Maintain ownership of their intellectual property while monetizing their content |
| Which of the below is not a mission of Open Campus? |
Create a free learning platform for students |
Binance HIFI Quiz Answers
| Binance HIFI Quiz | Answers |
|---|---|
| What makes Hifi unique compared to other lending protocols? | Its fixed interest rate offering. |
| What is the role of Liquidators in Hifi Finance? | Sell off collateral and pay off debt for risky borrowers. |
| What is Hifi Finance? | A decentralized lending protocol built on Ethereum. |
| Who votes on which assets users can borrow against in Hifi Finance? | HIFI token holders |
| What is the purpose of Hifi Finance? | Provide a new way of lending and borrowing. |
| To what can Hifi Governance allocate the resources from the fee switch? | All of the above. |
| What is the purpose of the fee switch in the Hifi Lending Protocol? | To capture an origination fee. |
| What are the three ways in which users can earn a return in Hifi Finance? | Lending, Providing, and Protecting |
| Who is responsible for managing the Hifi Lending Protocol? | Hifi Holder |
| How do Liquidity Providers earn a reward in Hifi Finance? | Providing liquidity for interest-rate markets. |
| What is the role of HIFI token holders in Hifi Governance? | Both A and B. |
| What are the three ways in which users can earn a return in Hifi Finance? | Lending, providing liquidity, and protecting the protocol from bad debt. |
Binance BNB Quiz Answers
| Binance BNB Quiz | Answers |
|---|---|
| BEP-2 BNB is the native coin of Ethereum. True or false? | False |
| What use cases does BNB have? | All are correct |
| Which token standards exist for BNB? | All are correct |
| Owning BNB provides you with a share of Binance’s profits. | False |
| Which token standards exist for BNB? | All are correct |
| BNB was originally issued as a: | ERC-20 token on Ethereum |
| What was BNB’s initial sale price during its distribution? | 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB |
| BNB launched through an initial game offering (IGO) in 2017? | False |
| Total supply of BNB? | 200 million BNB |
Binance EOS Quiz Answers
Binance EOS learn & earn quiz answers will be soon updated on here & on coolzTricks Telegram channel
Date – 16th February 2023
Time – 2.30 PM Indian time (09:00 UTC)
| Binance EOS Quiz | Answers |
|---|---|
| 1. The EOS Network consumes significantly less energy than Bitcoin and Ethereum and is certified carbon neutral. | True |
| 2. EOS is leveraging its technology to unlock use cases in GameFi, DeFi and, more broadly, the Metaverse. | TRUE |
| 3. The EOS Network has an insurance program called Recover+ that protects EOS DeFi users from hacks. | TRUE |
| 4. Which of the following performance metrics does EOS achieve? | All are correct |
| 5. Who is the founder and current CEO of the EOS Network Foundation? | Yves La rose |
| 6. Who is the EOS Network designed for? | All are correct |
| 7. Which of the following is not characteristic of the EOS blockchain? | Expensive gas fees |
| 8. In an effort to achieve absolute code independence, community engineers, led by the EOS Network Foundation, performed a non-contentious hard fork of the EOS codebase. | TRUE |
Binance BUSD Quiz Answers
| Binance BUSD Quiz | Answers |
|---|---|
| 1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains? | Binance-peg BUSD |
| What is the total supply of BUSD? | Just over 22 billion |
| Which chain is BUSD minted on by Paxos? | Ethereum |
| Who regulates BUSD? | NYDFS (New York Department of Financial Services) |
| Who mints BUSD? | Paxos |
| What fiat currency is BUSD pegged to? | U.S. Dollar |
| BUSD is backed 1:1 with: | Cash reserves |
| How can you purchase BUSD or Binance-Peg BUSD? | All are correct |
| What can BUSD be used for? | All are correct |
| Which of the following descriptions is incorrect? | BUSD doesn’t provide a monthly basis attestation report. |
Binance HOOK Quiz Answers
| Binance HOOK Quiz | Answers |
|---|---|
| What is Hooked Protocol? | Web3 Gamified Social Learning Platform |
| What is the first pilot app of Hooked Protocol? |
Wild Cash |
| What is the latest number of monthly active users of Wild Cash? |
Over 3 Million |
| What network did Hooked Protocol first launch on? |
BNB Chain |
| How many Hook will be in the circulating supply upon listing? |
10% of total supply |
| How does the Hooked token structure work? |
There is an only utility token uHGT |
| Which one of the following is the HOOK token function? |
All are correct |
| Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false? |
True |
| Who are the target users that Hooked Protocol will provide services to fulfill the mission? |
All are correct |
| What are the highlights of Hooked Protocol achieved so far? |
All are correct |
Binance SOL Quiz Answers
| Binance SOL Quiz | Answers |
|---|---|
| Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate? |
Proof-of-work |
| As of September 2022, what is the energy impact of a single Solana transaction on average? |
Less than a Google search (~500 J). |
| What can you use SOL for? | All are correct |
| What is the average Solana transaction fee? |
$0.00025 |
| What is Saga? | A crypto-friendly mobile phone that uses the Solana Mobile Stack. |
| How quickly does it take the Solana Pay protocol to process a transaction globally? |
A few seconds |
| Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment? |
1,200,000 |
| Solana uses mining to secure its network. |
False |
| As of December 2022, how many NFTS have been minted using Solana? |
22,700,000 |
| Which of the following established companies support or have integrated Solana? |
All are correct |
Binance HFT Quiz Answers
| Binance HFT Quiz | Answers |
|---|---|
| Which exchange was the first to list the Hashflow token (HFT)? |
Binance |
| How much does Hashflow charge in fees? |
0% |
| What makes Hashflow different from other DEXs? |
Hashflow uses the RFQ model for market making. |
| What is HFT’s utility? | Governance and in-DAO Health & Rewards. |
| What is unique about trading on Hashflow? |
All are correct |
| How does one start trading on Hashflow? |
Connect your wallet. |
| What is The Hashverse? | Hashflow’s story-driven and gamified governance DAO. |
| What is Hashflow’s total volume? | $11 billion |
Binance ALGO Quiz Answers
Time : 09:00 (UTC) , Indian time – 2.30 PM
Date : 7th December 2022
Answers – Binance ALGO Quiz answers will be added here & in our Telegram channel
Answers :-
Total Suppy – 10 Billion
Minimim Stake needed – 0.1 ALGO
How Many Transactions – 6000
How much cost – 0.001 ALGO
Companies Building – All are correct
Silvio Micali – All Are correct
Algorand has governance – True
How Fast Algo Block – 3.7 Seconds
Network Selects – The block proposal with the lowest VRF
hash.
consensus mechanism? – PPos
Binance POLYX Quiz Answers
Time : 09:00 (UTC) , Indian time – 2.30 PM
Date : 7th December 2022
Answers – Binance POLYX Quiz answers will be added here & in our Telegram channel
Binance POLYX Quiz Answers
Q1) What is Polymesh built for?
Answer: Security tokens
Q2) Who are Polymesh’s node operators?
Answer: Regulated financial entities only
Q3) How large is the securities market?
Answer: Hundreds of trillions of dollars
Q4) Can you earn staking rewards with POLYX?
Answer: Yes
Q5) Polymesh falls into which category of blockchain?
Answer: Public permissioned
Q6) How is POLYX classified under Swiss law?
Answer: Utility token
Q7) What consensus mechanism does Polymesh use?
Answer: Proof-of-stake
Q8) What are the key pillars of Polymesh?
Answer: Governance, identity, compliance, confidentiality, settlement
Q9) What are the next steps for Polymesh?
Answer: Stablecoins, MERCAT, Integrations, NFTS
Q10) Polymesh is the blockchain of?
Answer: Making tokenization accessible to institutions
Binance Learn & Earn Solved Quiz Answers :
- Binance BUSD Quiz answers
- Binance Learn & Earn SHIB Quiz Answers
- Binance Learn & earn KNC Quiz answers
- Binance Learn & Earn FRONT Quiz answers
- Binance Learn & Earn RUNE Quiz answers
- Binance Learn & Earn QTUM Quiz Answers
- Binance Learn & Earn COTI Quiz Answers
- Binance Learn & Earn HARMONY Quiz Answers
- Binance Learn & Earn Polkastarter Quiz Answers
- Binance Terra (LUNA) Quiz Answers
- Binance WOO Network Quiz Answers
- Binance REFF Quiz answers
- Binance “T”(Threshold Network) Quiz Answers
- Binance XTZ Quiz answers
- Binance IMX Quiz answers
- Binance MULTI Quiz answers
- Binance Learn & Earn PAXG Quiz answers
- Binance Learn & Earn SKL Quiz answers
- Binance Learn & Earn STPT Quiz answers
- Binance Learn & Earn XRP Quiz Answers
- Binance Learn & Earn LSK Quiz Answers
- Binance Learn & Earn BAND Quiz Answers
- Binance Learn & Earn UMA Quiz Answers
Binance Learn & Earn SKL Quiz answers
Incase of Any Change , Correct Answers will be added in Our Telegram Channel
| Binance Learn & Earn SKL Quiz | answers |
|---|---|
| How much are gas fees on the SKALE Network? | zero |
| What type of blockchain is the SKALE Network? | Modular Layer1/Layer2 Hybrid |
| What types of decentralized applications run on SKALE? | All are correct |
| How does SKALE improve User Experience? | All are correct |
| The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False? | true |
| How does SKALE increase the supply of SKALE Chains? | Incentivizing SKALE chain creation through surge pricing. |
| SKALE is Ethereum compatible. True or false? | true |
| How many Elastic Sidechains can be created in the SKALE ecosystem? | An unlimited amount |
Binance Learn & Earn LDO Quiz Answers
Quiz Time : 19th October , 02.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance LDO Quiz | Answers |
|---|---|
| What problem is Lido trying to solve in PoS staking? | All are correct |
| What do users receive after staking their tokens on Lido? | Assets that represent their staked tokens on a 1:1 basis, e.g., stake ETH and get stETH tokens |
| Where do users deposit their PoS token on Lido? | The Lido staking pool smart contract |
| What can holders do with LDO? | Vote on decisions in the Lido DAO |
| Why does Lido operate as a DAO? | All are correct |
| What can users do with their stETH tokens? | All are correct |
| What is the name of the utility token on Lido? | LDO |
| In addition to Ethereum, which PoS blockchain does Lido support? | Polkadot |
Binance Learn & Earn WOO Quiz Answers
Quiz Time : 19th October , 02.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance WOO Quiz | Answers |
|---|---|
| What share of Woo Network’s revenue contributes to the monthly buyback and burn? | 50% |
| what is Woo Network’s centralized exchange called? | WOO X |
| How much does Kronos research trade each day? | $1 Billion+ |
| What network did WOOFi first launch on? | BNB Chain |
| Who benefits from WOO Network’s services? | All of the above |
| WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false? | False |
| Who invested in WOO network’s series A+ fundraising round in 2021? | Binance Labs |
| Which ecosystems are partnered with WOO DAO? | All of the above |
| WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false? | True |
| Who benefits from WOO Network’s liquidity? | All Are Correct |
| WOOFi is an all-in-one dApp? | True |
| What is WOOFI’s swap fee? | 0.025% |
| How quickly can WOOFi cross-chain swaps complete? | 30 seconds |
| Which of these are features of WOOFi Supercharger vaults? | All are correct |
| How many chains is WOOFi integrated with? | 4 |
| WOOFi DEX has a customizable UI and visible order book? | True |
| Which network is WOOFi DEX built upon? | NEAR |
Binance Learn & Earn QI Quiz Answers
Quiz Time : 19th October , 02.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance QI Quiz | Answers |
|---|---|
| Which of the following is part of BENQI’s suite of protocols? | All are correct |
| Which blockchain is BENQI deployed on? | Avalanche |
| What is the purpose of the QI token? | All are correct |
| Which asset does BENQI Liquid Staking support? | AVAX |
| Which of the following assets are listed on BENQI Liquidity Market? | All are correct |
| Users can seamlessly stake on BENQI Liquid Staking to both secure the network it’s on while having the freedom to use that capital within DeFi. | True |
| Which yield-bearing asset do users receive from BENQI Liquid Staking? | sAVAX |
| Are there any minimum requirements for staking on BENQI Liquid Staking? | No |
| What is the purpose of veQI? | Voting power for validators to receive additional staking delegations |
| Which of the following protocols is BENQI’s liquid staking asset integrated with? | All are correct |
Binance Learn & Earn KNC Quiz Answers
Quiz Time : 21st September , 09.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance KNC Quiz | Answers |
|---|---|
| What is KyberSwap? | All are correct |
| What is KyberDAO? | Kyber Network’s community governance platform |
| Users can use KyberSwap’s Discover feature to discover potentially trending tokens. | True |
| The Amplification (AMP) factor is used to____ | Mimic higher levels of liquidity |
| Which blockchain is KyberSwap based on? | Ethereum |
| Users can earn KNC by | All are correct |
| KyberSwap uses _ a Market Maker protocol? | Dynamic |
| What is Kyber Network’s native token? | KNC |
Binance Learn & Earn BURGER Quiz Answers
Quiz Time : 21st September , 09.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance BURGER Quiz | Answers |
|---|---|
| Which chain is BurgerCities based on? | BNB |
| What is the name of the token-exchange place in BurgerCities? | Black Market |
| From which of the following platforms did BurgerCities evolve? | BurgerSwap |
| Which of the following is the central part of the BurgerCities’ gameplay? | Hero NFTs |
| What features does BurgerCities have in its current version? | All are correct |
| What is the total supply of BURGER? | 63 million |
| How long will the additional issuance of BURGER be unlocked? | Unlocked in 36 months |
| What percentage of the total supply of BURGER is used as incentives? | KNC |
| What are the gameplays available in BurgerCities? | All are correct |
| On which platforms can you buy BURGER? | All are correct |
Binance Learn & Earn LPT Quiz Answers
Quiz Time : 7th September , 2.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance LPT Quiz | Answers |
|---|---|
| What is the native token of Livepeer? | LPT |
| Who stakes Livepeer tokens (LPT) in order to receive a share of video processing fees? | Delegators |
| Livepeer is built on which blockchain? | Ethereum |
| What are the benefits of delegating LPT on the Livepeer network? | All are correct |
| Livepeer has processed over 150 million minutes of video since its mainnet launch. True or false? | True |
| Which of the following provides a gateway to delegating on the Livepeer network? | The Livepeer Explorer |
| Transcoding is one of the steps necessary to deliver video content smoothly to end users. True or false? | True |
| Livepeer is used primarily to process what type of content? | Video content |
| Livepeer orchestrators receive a share of video processing fees in the form of? | ETH |
| When was Livepeer’s mainnet launch? | 2018 |
Binance Learn & Earn HIGH Quiz Answers
Quiz Time : 7th September , 2.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance HIGH Quiz | Answers |
|---|---|
| What is HIGH token’s maximum supply? | 100 million |
| Which region will the next Highstreet’s IHO be based on? | Animoca Archipelago |
| Which platform can the current stage of Highstreet be played on? | PC & VR |
| Which area does Highstreet stand out from other Metaverses? | All are correct |
| Highstreet’s apparel collection with 8-bit is available for purchase from real-life department stores. True or false? | True |
| Who’s able to purchase lands and become a land owner from Highstreet? | Brands |
| Which ecosystem(s) is HIGH token on? | Ethereum , BSC |
| What are the feature(s) of Highstreet Homes? | All are correct |
| Which centralized exchanges can $HIGH tokens be purchased from? | Binance, Coinbase, Crypto.com |
| Highstreet’s Phygital items can only be purchased online. | False |
Binance Learn & Earn OM Quiz Answers
Quiz Time : 7th September , 2.30 PM
If Case Of Any Change Correct Answers Will be added in Telegram Channel
| Binance OM Quiz | Answers |
|---|---|
| NFTs, metaverse and gaming can all be built on which one of MANTRA’s stacks? | MANTRA Chain |
| MANTRA Chain is compatible with which of these blockchains? Select all that apply. | EVM , IBC |
| Does MANTRA Finance provide initial coin offerings? | Yes |
| What is HeliSwap? | Decentralized exchange |
| What is MANTRA’s Governance Token? | $OM |
| Where in the OMniverse can you find retail staking? | MANTRA Nodes |
| Question 7: MANTRA Nodes offers which of the following? | All are correct |
| What Year was MANTRA founded? | 2020 |
Binance Learn & Earn BTTC Quiz answers
| Binance BTTC Quiz | Answers |
|---|---|
| “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. | Proof of Stake blockchain |
| With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? | False |
| What can you NOT do on Binance Earn? | Conduct leveraged trading to amply the returns |
| Which of the following is a form of passive income? | Alice stakes her crypto holdings |
| What can you do with Binance Earn? | Select different products to grow your crypto holdings |
| What is NOT staking? | Generate returns by trading your coins |
| Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? | True |
| When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _? | Spot wallet |
| Binance Locked Staking’s locking period for different products is the same. True or False? | False |
Binance Learn & Earn XRP Quiz Answers
| Binance XRP Quiz | Answers |
|---|---|
| XRPL is decentralized, permissionless, and open-source | True |
| What is the native digital asset on the XRP Ledger? | XRP |
| On average, how long does a transaction confirmation on the XRP Ledger take? | 3 to 5 Seconds |
| What is the XRP Ledger’s validation mechanism? |
Federated Consensus |
| What can the XRP Ledger be used for today? | All are Correct |
| What is the average cost of transactions on XRPL? | Less than 1 cent |
| Which of the following describes the XRPL? | All are Correct |
| The XRPL’s built-in DEX is based on an order book model. | True |
| The XRP Ledger is useful for developers because: | They are able to code in Python, Java and JavaScript languages. |
Binance Learn & Earn LSK Quiz Answers
| Binance LSK Quiz | Answers |
|---|---|
| Which popular programming language does Lisk support? | JavaScript |
| What consensus mechanism does Lisk currently utilize? | Delegated Proof of Stake |
| Which token is used within the Lisk Network as a utility token? | LSK |
| What is the current development goal for Lisk? | To enable interoperability within the Lisk ecosystem |
| How will blockchain applications operate within the Lisk Ecosystem? | On separate sidechains |
| What makes Lisk accessible to Web3 developers? | All are correct |
| How can users benefit from Lisk’s accessibility? | All are Correct |
| What can LSK holders do with the token? | All are correct |
Binance Learn & Earn BAND Quiz answers
Incase of Any Change , Correct Answers will be added in Our Telegram Channel
| Binance BAND Quiz | Answers |
|---|---|
| All of these concepts are related to Band Token EXCEPT for… | Cash incentives |
| Which sentence is INCORRECT? | Band Protocol leverages on-chain centralized oracles that link on-chain applications together. |
| Which characteristics differentiate Band Protocol from other oracle services?? | Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain |
| Which ecosystem(s) has/have partnered with Band Protocol? | All are correct |
| Which of the following IS NOT a use case of the BAND token? | To secure a discount when requesting data |
| Which sentence is CORRECT? | BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network. |
| What network is BandChain on? | Cosmos |
| Which characteristic DOES NOT correctly describe BAND Protocol? | On-chain DeFi protocol |
Binance Learn & Earn UMA Quiz answers
Incase of Any Change , Correct Answers will be added in Our Telegram Channel
| Binance UMA Quiz | Answers |
|---|---|
| What makes the OO optimistic? | Proposed data will not require resolution unless it is disputed, and disputes are rare |
| How many tokens did UMA transfer to its DAO in 2021? | 35 million tokens |
| Who are the three actors in the OO system? | The contract requesting the data; the participant proposing the data; and the disputer |
| Why is there a reward associated with voting correctly? | So there is an incentive to be correct |
| Why does the OO include a human component? | Humans can provide any kind of knowable truth to a blockchain |
| What are the phases in the UMA voting process? | Voting period; voting revealing period; reward collection period |
| What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO? | Outcome.Finance |
| How long does it typically take for the OO, through its UMA token holders, to resolve a dispute? | 48 hours |
| What is UMA’s native token? | UMA coin |
| What is the cross chain bridge empowered by UMA and its OO? | Across |
Binance Learn & Earn PAXG Quiz answers
Incase of Any Change , Correct Answers will be added in Our Telegram Channel
| Binance Learn & Earn PAXG Quiz | Answers |
|---|---|
| 1. The value of a PAXG token is equal to: | 1 troy oz. of physical gold |
| 2. How do I know PAXG is fully backed by physical gold? | An independent auditing firm performs monthly checks on Paxos’ gold reserves. |
| 3. PAXG storage fees are | 0.00% |
| 4. When you own PAXG, you own physical gold. True or false? | True |
| 5. Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False? | True |
| 6. PAXG is regulated and approved by _ | New York State Department of Financial Services |
| 7. How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics? | Enter their Ethereum wallet address on the PAXG lookup tool. |
| 8. Where are PAXG’s physical gold reserves stored? | London Bank Vaults |
| 9. Which gold tokens can be redeemed for physical gold? | PAX Gold (PAXG) |
| 10. PAXG is built as an _ | ERC-20 token on the Ethereum blockchain |
Earn Passive Income on Binance Quiz answers :
| Earn Passive Income on Binance Quiz | Answers |
|---|---|
| “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. | Proof of Stake blockchain |
| With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? | false |
| What can you NOT do on Binance Earn? | Conduct leveraged trading to amply the returns |
| Which of the following is a form of passive income? | Alice stakes her crypto holdings |
| What can you do with Binance Earn? | Select different products to grow your crypto holdings |
| What is NOT staking? | Generate returns by trading your coins |
| Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? | true |
| When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _. | spot wallet |
| Binance Locked Staking’s locking period for different products is the same. True or false? | false |
Binance Learn & Earn STPT Quiz answers
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| Binance Learn & Earn STPT Quiz | Answers |
|---|---|
| What chains is STP bridging with its cross-chain technology? | Ethereum to Polygon |
| Which participation metrics are trackable on Clique? | All are correct |
| Which technology enables cross-chain governance on STP? | Data Bridge |
| What problem does Clique solve? | Fragmentation of DAO tools in the space |
| What is the main use case of STPT? | Governance |
| What are the two main functions of Clique? | DAO creation and DAO management |
| What type of DAOs does STP have a pre-made template for? | Investment DAO, Membership DAO, and Project DAO |
| What is the native coin of STP? | STPT |
| What is Clique | The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc. |
| For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined? | The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology |
Binance Learn & Earn KNC Quiz answers
| Question | Answer |
|---|---|
| 1) What is KyberSwap? | All are correct |
| 2) What is KyberDAO? | Kyber Network’s community governance platform |
| 3) Users can use KyberSwap’s Discover feature to discover potentially trending tokens | True |
| 4) The Amplification (AMP) factor is used to____ |
Mimic higher levels of liquidity |
| 5) Which blockchain is KyberSwap based on? | Ethereum |
| 6) Users can earn KNC by | All are correct. |
| 7.) KyberSwap uses ___ a Market Maker protocol? | Dynamic |
| 8.) What is Kyber Network’s native token? | KNC |
Binance Learn & Earn FRONT Quiz answers
| Question | Answers |
|---|---|
| 1) How does Frontier ensure the safety of its users? | Frontier performs rigorous due diligence on all natively integrated projects, requiring them to show security proof via audit reports. |
| 2) What is the role of FRONT in the Frontier ecosystem? |
FRONT is the utility token of the Frontier ecosystem. It has a total supply of 100M and is mainly used to reward users for exploring DeFi and using the Frontier wallet. |
| 3) What is the difference between native wallet integration by Frontier and nonnative wallet integration? |
Native wallet integrations are implemented directly inside a wallet, while non-native rely on third-party applications and dapp browsers. |
| 4) Which popular NFT marketplaces does Frontier support? |
All are correct |
| 5) How many cryptocurrencies can you swap using Frontier? |
4000+ |
| 6) Which non-EVM blockchains does Frontier currently support? |
Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, BNB Beacon Chain |
| 7) What is native staking in Frontier? |
Native staking is the staking of assets with validators to secure a blockchain, performed natively within the Frontier wallet application |
| 8) On which devices is Frontier supported? |
iOS & Android |
| 9) What is the benefit of Frontier’s Smart DeFi Notifications? |
Smart DeFi Notifications keep users up-to-date on their DeFi, NFT, and GameFi positions across all networks |
Binance Learn & Earn RUNE Quiz answers
- THORChain is a layer…
Ans: False - How would a BTC-to-ETH…
Ans: Internally - What is the role of a trade…
Ans: Function - How many types…
Ans: 4 - What is the total supply…
Ans: 500 - What is the native coin..
Ans: RUNE - Which of the following…
Ans: RUNE is used - How does THORChain…
Ans: Tendermint Byzantine Tolerance,
Cosmos-SDK, and Threshold Signature
Scheme(TSS) - Who secures the network
Ans: Node Operators - What are the use cases of…
Ans: Governance, incentivization, settlement and network security
Binance Learn & Earn REFF Quiz answers
| Binance Learn & Earn REFF Quiz | Answers |
|---|---|
| What consensus mechanism does the Reef ecosystem use? | Nominated Proof of Stake |
| What does Reef stand for? | Reliable, Extensible, Efficient, Fast |
| How much does the average transaction cost on Reef? | $0.17 |
| What does REEF-20 mean? | The native utility token that powers the Reef blockchain |
| How many types of REEF tokens exist on the market? | 3 |
| What is Reef Finance? | A layer 1 blockchain for DeFi, NFTs, and gaming |
| What is Reef’s current max token supply? | There is no max supply |
| What are the types of REEF tokens? | All of the options |
| How many transactions per second (TPS) is Reef able to process? | Over 460 TPS |
Binance Learn & Earn “T”(Threshold Network) Quiz Answers
| Binance Learn & Earn T (Threshold Network) Quiz | Answers |
|---|---|
| Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False? | true |
| tBTCv2 is a bridge between Bitcoin and ____? | Ethereum |
| tBTCv2 is the only bridge bringing your Bitcoin to Ethereum that preserves open access and doesn’t require you to trust a third party. True or False? | true |
| What is NOT a feature of threshold cryptography? | Reliance on central authority (X) |
| Proxy re-encryption is designed to ____? | Protect user data and enforce access controls |
| Which are features of the Threshold Network? | All are correct. |
| Threshold was created from the first-ever decentralized merger of the NuCypher and ___ Networks? | keep |
| Threshold cryptography empowers users to no longer have to make a trade-off between usability and ____. | Privacy |
Binance Learn & Earn BUSD Quiz answers
| BUSD Quiz | Answers |
|---|---|
| I have noticed that…. | False |
| The main benefit of keeping …. | False |
| Why KYC ? | – Its part … – KYC improves … – KYC Check … – KYC proactively … |
| What is Cryptocurrency? | A Cryptocurrency is a form of digital cash that enable …. |
Binance Learn & earn XTZ Quiz answers
| Binance XTZ Quiz | Answers |
|---|---|
| What is Tezos’ native coin? | tez (xtz) |
| How does Tezos increase security in the network? | By being deeply decentralized |
| What are some of the types of decentralized applications built on the Tezos blockchain? | All of the above |
| What are some use cases of Tezos’ native coin? | Voting rights dan Becoming a validator (pilih 2 2 nya) |
| Who can participate in securing the network? | – Users who delegate their Tez (XTZ) tokens to bakers – Validators called bakers (pilih 2 2 nya) |
| What is the consensus mechanism model used by Tezos called? | Liquid Proof of Stake |
| What Is Tezos (XTZ)? | Tezos’ unique self-amending protocol prevents hard forks, dan Tezos’ code is open-source code |
Binance Learn & earn IMX Quiz answers
| Binance IMX Quiz | Answers |
|---|---|
| Which blockchain is the Immutable X ecosystem built for? | Ethereum |
| Users can trade NFTs on any of the marketplaces built on Immutable X. | TRUE |
| What can token holders do with the IMX token? | Pay for fees on Immutable X, Vote for governance proposals, Stake to earn IMX rewards (pilih 3 3 nya) |
| Who can build on IMX? | All are correct |
| What can users do with the Immutable X APIs and SDKs? | All are correct |
| Which scaling technology does Immutable X use? | ZK-Rollups |
| Which statement best describes Immutable X? | A layer 2 scaling solution for NFTs on Ethereum. |
| Which Immutable X feature can enhance the liquidity of NFT assets? | The Immutable X global order book |
| What is Immutable X trying to achieve? | All are correct |
| Which ZK proof does Immutable X use? | STARK proof |
Binance Learn & earn MULTI Quiz answers
| Binance MULTI Quiz | Answers |
|---|---|
| What are the use cases of MULTI? | Governance and staking |
| How many tokens are currently supported by Multichain? | 1000+ |
| What is the total supply of Multichain’s native token? | 100 M |
| What are the solutions that Multichain offers for seamless transfer of assets? | Cross-Chain Bridges, Routers, and anyCall |
| What is the native coin of Multichain? | MULTI |
| How is consensus reached in Multichain? | Independent nodes that own part of a private key collectively sign transactions. |
| Interoperability is the concept of independent blockchains being able to interact with each other. | true |
| What benefits do users sending assets from one network to another enjoy? | All are correct. |
| What’s the difference between Multichain’s bridges and routers? | Bridges enable interoperability between two chains while routers enable interoperability between any chain. |
Binance Learn & Earn SHIB Quiz Answers
| Binance Learn & Earn SHIB Quiz | Answers |
|---|---|
| Using BND Trading Fees grant users a discount | True |
| Binance Flexible Savings can not be subscribed to and redeemed | False |
| What is the trading fee when I use Binance Crypto to Buy | 0 |
| What are the essential steps to get started | Select All |
| A Market Order is type of order to buy or sell a security at a specified price is better | False |
| I don’t need to complete KYC to buy Crypto | False |
Binance Learn & Earn Terra (LUNA) Quiz Answers
| Binance Terra (LUNA) Quiz | Answers |
|---|---|
| Q1. What US dollar amount of LUNA can you convert one TerraUSD into? | $1 |
| Q2. Terra stablecoins are overcollateralized. True or false? | False |
| Q3. Which of the following fiat currencies have stablecoin versions on Terra? | All of the above |
| Q4. Where can you stake LUNA to take part in Terra governance? | Terra Station |
| Q5. For its consensus mechanism, Terra uses: | Delegated Proof of Stake |
| Q6. Terra is based in Mongolia. True or false? | False |
| Q7. Anchor Protocol allows users to borrow crypto through: | Over-collateralization |
| Q8. You can earn ANC on Anchor Protocol by: | Staking certain LP Tokens, Staking ANC, Borrowing stablecoins |
| Q9. Terra was created using: | Cosmos SDK |
Binance Learn & Earn WOO Quiz Answers
| Binance WOO Network Quiz | Answers |
|---|---|
| Q1) What share of Woo Network’s revenue contributes to the monthly buyback and burn? | 50% |
| Q2) what is Woo Network’s centralized exchange called? | W00 X |
| Q3) How much does Kronos research trade each day?. | $1 Billion+ |
| Q4) What network did WOOFi first launch on? | BNB Chain |
| Q5) Who benefits from WOO Network’s services? | All of the above |
| Q6) WoO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false? | False |
| Q7) Who invested in WOO network’s series A+ fundraising round in 2021? | Binance Labs |
| Q8) Which ecosystems are partnered with WOO DAO? | All of the above |
| Q9) WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false? | True |
Binance Learn & Earn QTUM Quiz Answers
| Binance Learn & Earn QTUM Quiz | Answers |
|---|---|
| You can purchase QTUM on binance by: | All of the Above |
| Holding QTUM allows you to vote on proposal. True or false? | True |
| When did the QTUM mainnet launch? | September 2017 |
| Block rewards are split betweet: | Ten Super Staker |
| QTUM holders can delegate their UTXOs behind Staker Stakers thrugh | Offline Staking |
| Qtum’s account abstaction layer is designed to: | Combine UTXO accounting with smart contract Capabilities |
| When delegate QTUM behind a super Staker, a user must: | Provide their wallet address to a super staker |
| 8. QTUM Combines | UTXO Accounting Smart Contract Capabilities |
Binance Learn & Earn COTI Quiz Answers
| Binance Learn & Earn COTI Quiz | Answers |
|---|---|
| Select is the network(s) in which COTI operates: | All are correct |
| How does COTI keep ITS transaction fees low? | All are correct |
| What does COTI MultiDAG enable? | The ussuance of tokens on top of the trustchain protocol |
| The treasure distrubutes reward to COTI holders based on fees collected from: | All of COTI’s product, including treasury, COTI pay bussines, Djed, and more |
| Which type of consensus algorithm is used on the COTI network? | PoT (proff of trust) |
| How can i earn rewards from the COTI ecosystem? | Deposit native COTI into the Treasury |
| COTI is powering Djed, which is___ first algorithmic stablecoin | Cardano’s |
| What is COTI? | A layer-1 blockchain Ecosystem designed for payments |
Binance Learn & Earn HARMONY Quiz Answers
| Binance Learn & Earn HARMONY Quiz | Answers |
|---|---|
| Why should tokens have a finite supply? | To avoid inflation and incentivize token appreciation |
| What consencys mechanism does harmony use? | Effective proof of stake |
| Which technologies does harmony implemet to achieve scalability without sacrificing security? | Sharding and effective proff of stake |
| What is harmonys yearly network reward to validators? | 441 million tokens |
| Which of these DAOs have been funded by Harmony? | All are correct |
| What’s makes up the yearly reward at harmony? | Issuance + transaction fees |
| Harmony has created bridges for which chains? | All are correct |
| How much Grant Will harmony provide to new projects through the harmony Ecosystem fund? | $300 Million |
| How many DAOs does Harmony aim to find in the future? | 10,000 |
Binance Learn & Earn Polkastarter Quiz Answers
| Binance Learn & Earn Polkastarter Quiz | Answers |
|---|---|
| What is Polkastarter? | Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad. |
| Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite. | True |
| Polkastarter aims to become multichain. Which chains does the launchpad support? | Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche. |
| What are Polkastarter’s key features? | Fixed Swap Pools, IDO farming and Polkastarter gaming |
| POLS is the Polkastarter utility token. Holding or staking POLS allows users to enter IDO’s and NFT sales with higher chances of success. True or false? | True |
| What are the requirements to participate in an IDO on Polkastarter? | Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted. |
| How many POLS is it necessary to hold or stake to be eligible for the allowlist? | 250 POLS or more. |
| Besides IDOS, what other types of investment opportunities can the community find at Polkastarter? | Polkastarter Gaming & NFT Sales |
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7. You will get all the Binance Learn & Earn Quiz Answers Winning Amount in your Spot Account Wallet.
8. You can trade it on your Spot Account or convert all penny currencies in your Wallet and Sale it.
Terms & Conditions :
- All new KYC users registered from 2022-05-19 00:00 AM (UTC) onward will be eligible to participate in the program. Illegally bulk registered accounts shall not be eligible to participate or receive any rewards.
- Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the quiz.
- Eligible users may complete multiple quizzes to claim multiple rewards.
- The actual value of the reward received may be subject to change due to market fluctuation.
- Rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via Account > Reward Center.
- Binance reserves the right to disqualify trades that are deemed to be wash trading or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.
- Binance reserves the right to terminate the activity at any time without prior notice.
- Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
- Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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