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Binance Learn Earn Quiz Answers

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Binance Learn Earn Quiz Answers

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Binance Learn Earn Quiz Answers

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Binance Learn & Earn EDU Quiz Answers

Binance Learn & Earn BNB , EOS Quiz Answers

Date : From 17th August 2023

Time : 02.30 PM IST

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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 Learn & Earn EOS quiz answers

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 Learn & Earn SKL Quiz answers

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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 SKL Quiz answers

Binance Learn & Earn LDO Quiz Answers

Quiz Time : 19th October , 02.30 PM

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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 LDO Quiz Answers

Binance Learn & Earn WOO Quiz Answers

Quiz Time : 19th October , 02.30 PM

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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 WOO Quiz Answers

Binance Learn & Earn QI Quiz Answers

Quiz Time : 19th October , 02.30 PM

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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 QI Quiz Answers

Binance Learn & Earn KNC Quiz Answers

Quiz Time : 21st September , 09.30 PM

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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 KNC Quiz Answers

Binance Learn & Earn BURGER Quiz Answers

Quiz Time : 21st September , 09.30 PM

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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 BURGER Quiz Answers

Binance Learn & Earn LPT Quiz Answers

Quiz Time : 7th September , 2.30 PM

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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 LPT Quiz Answers

Binance Learn & Earn HIGH Quiz Answers

Quiz Time : 7th September , 2.30 PM

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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 HIGH Quiz Answers

Binance Learn & Earn OM Quiz Answers

Quiz Time : 7th September , 2.30 PM

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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 OM Quiz Answers

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 BTTC Quiz answers

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 XRP Quiz Answers

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 LSK Quiz Answers

Binance Learn & Earn BAND Quiz answers

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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 BAND Quiz answers

Binance Learn & Earn UMA Quiz answers

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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 UMA Quiz answers

Binance Learn & Earn PAXG Quiz answers

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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
Binance Learn & Earn PAXG Quiz answers

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
Earn Passive Income on Binance Quiz answers :

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 STPT Quiz answers

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

  1. THORChain is a layer…
    Ans: False
  2. How would a BTC-to-ETH…
    Ans: Internally
  3. What is the role of a trade…
    Ans: Function
  4. How many types…
    Ans: 4
  5. What is the total supply…
    Ans: 500
  6. What is the native coin..
    Ans: RUNE
  7. Which of the following…
    Ans: RUNE is used
  8. How does THORChain…
    Ans: Tendermint Byzantine Tolerance,
    Cosmos-SDK, and Threshold Signature
    Scheme(TSS)
  9. Who secures the network
    Ans: Node Operators
  10. 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 REFF Quiz answers

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 REFF Quiz answers

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 BUSD Quiz Answers

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 XTZ Quiz Answers

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 IMX Quiz Answers

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 MULTI Quiz Answers

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 SHIB Quiz

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 Terra (LUNA) Quiz Answers

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 WOO Network Quiz Answers

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 QTUM Quiz answers

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 COTI Quiz Answers

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 HARMONY Quiz Answers

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
Binance Learn & Earn Polkastarter Quiz Answers

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Binance Learn Earn Quiz Answers

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Binance Learn Earn Quiz Answers

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Binance Learn Earn Quiz Answers

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.
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