Binance Learn And Earn Quiz Answers

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Binance Lido Quiz Answers

Q1. What problem is Lido trying to solve in PoS staking?

Answer: All are correct

Q2. What do users receive after staking their tokens on Lido?

Answer: Assets that represent their staked tokens on a 1:1 basis, e.g., stake ETH and get stETH tokens

Q3. Where do users deposit their PoS token on Lido?

Answer: The Lido staking pool smart contract

Q4. What can holders do with LDO?

Answer: Vote on decisions in the Lido DAO

Q5. Why does Lido operate as a DAO?

Answer: All are correct

Q6. What can users do with their stETH tokens?

Answer: All are correct

Q7. What is the name of the utility token on Lido?

Answer: LDO

Q8. In addition to Ethereum, which PoS blockchain does Lido support?

Answer: Polkadot

Binance BENQI Quiz Answers
Q1. Which of the following is part of BENQI’s suite of protocols?

Answer: All are correct

Q2. Which blockchain is BENQI deployed on?

Answer: Avalanche

Q3. What is the purpose of the QI token?

Answer: All are correct

Q4. Which asset does BENQI Liquid Staking support?

Answer: AVAX

Q5. Which of the following assets are listed on BENQI Liquidity Market?

Answer: All are correct

Q6. 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.

Answer: True

Q7. Which yield-bearing asset do users receive from BENQI Liquid Staking?

Answer: sAVAX

Q8. Are there any minimum requirements for staking on BENQI Liquid Staking?

Answer: No

Q9. What is the purpose of veQI?

Answer: Voting power for validators to receive additional staking delegations

Q10. Which of the following protocols is BENQI’s liquid staking asset integrated with?

Answer: All are correct

Binance WOO Network Quiz Answers
Q1. What share of Woo Network’s revenue contributes to the monthly buyback and burn?

Answer: 50%

Q2. what is Woo Network’s centralized exchange called?

Answer: WOO X

Q3. How much does Kronos research trade each day?

Answer: $1 Billion+

Q4. What network did WOOFi first launch on?

Answer: BNB Chain

Q5. Who benefits from WOO Network’s services?

Answer: All of the above

Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?

Answer: False

Q7. Who invested in WOO network’s series A+ fundraising round in 2021?

Answer: Binance Labs

Q8. Which ecosystems are partnered with WOO DAO?

Answer: All of the above

Q9. WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?

Answer: True

Binance BurgerCities Quiz Answers
Q1. Which chain is Burger Cities based on?

Answer: BNB

Q2. What is the name of the token exchange place in BurgerCities?

Answer: Black Market

Q3. From which of the following platforms did BurgerCities evolve?

Answer: BurgerSwap

Q4. Which of the following is the central part of the BurgerCities’ gameplay?

Answer: Hero NFTS

Q5. What features does BurgerCities have in its current version?

Answer: All are correct

Q6. What is the total supply of BURGER?

Answer: 63 million

Q7. How long will the additional issuance of BURGER be unlocked?

Answer: Unlocked in 36 months

Q8. What percentage of the total supply of smtechyt BURGER is used as incentives?

Answer: 50%

Q9. What are the gameplays available in BurgerCities?

Answer: All are correct

Q10. On which platforms can you buy BURGER?

Answer: All are correct


Binance Livepeer Quiz Answers
Q1. What is the native token of Livepeer?

Answer: LPT

Q2. Who stakes Livepeer tokens (LPT) in order to receive a share of video processing fees?

Answer: Delegators

Q3. Livepeer is built on which blockchain?

Answer: Ethereum

Q4. What are the benefits of delegating LPT on the Livepeer network?

Answer: All are correct

Q5. Livepeer has processed over 150 million minutes of video since its mainnet launch. True or false?

Answer: True

Q6. Which of the following provides a gateway to delegating on the Livepeer network?

Answer: The Livepeer Explorer

Q7. Transcoding is one of the steps necessary to deliver video content smoothly to end users. True or false?

Answer: True

Q8. Livepeer is used primarily to process what type of content?

Answer: Video content

Q9. Livepeer orchestrators receive a share of video processing fees in the form of?

Answer: ETH

Q10. When was Livepeer’s mainnet launch?

Answer: 2018

Binance MANTRA Quiz Answers
Q1. NFTs, metaverse and gaming can all be built on which one of MANTRA’s stacks?

Answer: MANTRA Chain

Q2. MANTRA Chain is compatible with which of these blockchains? Select all that apply.

Answer: IBC & EVM

Q3. Does MANTRA Finance provide initial coin offerings?

Answer: Yes

Q4. What is HeliSwap?

Answer: Decentralized exchange

Q5. What is MANTRA’s Governance Token?

Answer: $OM

Q6. Where in the OMniverse can you find retail staking?

Answer: MANTRA Nodes

Q7. MANTRA Nodes offers which of the following?

Answer: All are correct

Q8. What Year was MANTRA founded?

Answer: 2020


Binance BitTorrent Quiz Answers
Q1. How can users request faster download speed?

Answer: They need to submit a bid with the amount of BTTC they’re willing to offer seeders

Q2. Which of the following is a unique feature of DLive?

Answer: Content creators and viewers can both earn BTTC rewards on the platform

Q3. What can BTTC holders do with their tokens on the BitTorrent ecosystem?

Answer: All are correct

Q4. Which blockchain is BitTorrent based on?

Answer: TRON

Q5. Where can BTTC be used within the BitTorrent ecosystem?

Answer: All are correct

Q6. BTFS is a scalable, decentralized, and cost effective file storage system.

Answer: True

Q7. Who can seed content to other users on the BitTorrent network?

Answer: Anyone who has complete files and is connected to the BitTorrent network

Q8. When did the Tron Foundation acquire BitTorrent?

Answer: 2018

Q9. How does the BitTorrent File System (BTFS) safeguard users’ files?

Answer: Through advanced encoding methods and file repairing technologies

Binance Highstreet Quiz Answers
Q1. What is HIGH token’s maximum supply?

Answer: 100 million

Q2. Which region will the next Highstreet’s IHO be based on?

Answer: Animoca Archipelago

Q3. Which platform can the current stage of Highstreet be played on?

Answer: PC & VR

Q4. Which area does Highstreet stand out from other Metaverses?

Answer: All are correct

Q5. Highstreet’s apparel collection with 8-bit is available for purchase from real-life department stores. True or false?

Answer: True

Q6. Who’s able to purchase lands and become a land owner from Highstreet?

Answer: Brands

Q7. Which ecosystem(s) is HIGH token on?

Answer: BSC & Ethereum

Q8. What are the feature(s) of Highstreet Homes?

Answer: All are correct

Q9. Which centralized exchanges can $HIGH tokens be purchased from?

Answer: Binance, Coinbase, Crypto.com

Q10. Highstreet’s Phygital items can only be purchased online.

Answer: False

Binance XRP Ledger Quiz Answers
Q1. XRPL is decentralized, permissionless, and open-source

Answer: True

Q2. What is the native digital asset on the XRP Ledger?

Answer: XRP

Q3. On average, how long does a transaction confirmation on the XRP Ledger take?

Answer: 3 to 5 seconds

Q4. What is the XRP Ledger’s validation mechanism?

Answer: Federated Consensus

Q5. What can the XRP Ledger be used for today?

Answer: All the correct

Q6. What is the average cost of transactions on XRPL?

Answer: Less than 1 cent

Q7. Which of the following describes the XRPL?

Answer: All are correct

Q8. The XRPL’s built-in DEX is based on an order book model.

Answer: True

Q9. The XRP Ledger is useful for developers because.

Answer: They are able to code in Python, Java and JavaScript languages.

Binance Lisk Quiz Answers
Q1. Which popular programming language does Lisk support?

Answer: JavaScript

Q2. What consensus mechanism does Lisk currently utilize?

Answer: Delegated Proof of Stake

Q3. Which token is used within the Lisk Network as a utility token?

Answer: LSK

Q4. What is the current development goal for Lisk?

Answer: To enable interoperability within the Lisk ecosystem

Q5. How will blockchain applications operate within the Lisk Ecosystem?

Answer: On separate sidechains

Q6. What makes Lisk accessible to Web3 developers?

Answer: All are correct

Q7. How can users benefit from Lisk’s accessibility?

Answer: All are correct

Q8. What can LSK holders do with the token?

Answer: All are correct


Binance BUSD Quiz Answers
Q1. What is a cryptocurrency?

Answer: A cryptocurrency is a form of digital cash that enables individuals to transmit value in a digital setting.

Q2. The main benefit of keeping your crypto in a non-custodial wallet is that you won’t lose your crypto if you forget your password. (True or false?)

Answer: False

Q3. BNB Smart Chain and Ethereum network are different networks, similar to various banks. We need to select the correct deposit address to make a deposit. What steps should you follow to deposit your crypto into Binance?

Answer: Check if Binance supports the token you are depositing > Select a deposit network that the withdrawal platform supports > Retrieve the deposit address from Binance > Proceed to deposit with the deposit address > Check and verify your deposit after the transaction has been processed on-chain.

Q4. I have noticed that my Ethereum and BSC wallet addresses are identical. However, it doesn’t matter if I choose to transfer my crypto asset to any of these two networks. (True or false?)

Answer: False

Q5. Why KYC(Know Your Customer) matters?

Answer: Select all the options

Binance SHIB Quiz Answers
Q1. I don’t need to complete KYC to buy cryptocurrency. (True or false?)

Answer: False

Q2. What is the trading fee when I use Binance Convert to buy crypto?

Answer: 0

Q3. A market order is a type of order to buy or sell a security at a specified price or better. (True or false?)

Answer: False

Q4. Binance Flexible Savings cannot be subscribed to and redeemed at any time. (True or false?)

Answer: False

Q5. Using BNB to pay for trading fees will grant users a discount. (True or false?)

Answer: True

Q6. What are the essential steps to get started with Spot trading?

Answer: Select all the given options

Binance A Beginner's Guide to Binance Margin Trading Quiz Answers


Q1. Margin trading lets you:

Answer: Amplify your gains and losses

Q2. What’s the benefit(s) of Binance margin trading?

Answer: All of the above

Q3. What’s the maximum level of leverage Binance Margin provides?

Answer: 10X

Q4. When receiving a margin call notification, what should you do?

Answer: Reduce your position to repay the debt or add more collateral into the margin account

Q5. Where do Binance Margin traders place their orders?

Answer: Spot market

Q6. What are the essential steps to start margin trading on Binance?

Answer: Deposit funds Into your Margin Account


Binance Earn Passive Income on Binance Quiz Answers
Q1. “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.

Answer: Proof of Stake blockchain

Q2. With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?

Answer: false

Q3. What can you NOT do on Binance Earn?

Answer: Conduct leveraged trading to amply the returns

Q4. Which of the following is a form of passive income?

Answer: Alice stakes her crypto holdings

Q5. What can you do with Binance Earn?

Answer: Select different products to grow your crypto holdings

Q6. What is NOT staking?

Answer: Generate returns by trading your coins

Q7. 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?

Answer: true

Q8. When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.

Answer: spot wallet

Q9. Binance Locked Staking’s locking period for different products is the same. True or false?

Answer: false

Binance UMA Quiz Answers
Q1. What makes the OO optimistic?

Answer: Proposed data will not require resolution unless it is disputed, and disputes are rare

Q2. How many tokens did UMA transfer to its DAO in 2021?

Answer: 35 million tokens

Q3. Who are the three actors in the OO system?

Answer: The contract requesting the data; the participant proposing the data; and the disputer

Q4. Why is there a reward associated with voting correctly?

Answer: So there is an incentive to be correct

Q5. Why does the OO include a human component?

Answer: Humans can provide any kind of knowable truth to a blockchain

Q6. What are the phases in the UMA voting process?

Answer: Voting period; voting revealing period; reward collection period

Q7. What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?

Answer: Outcome.Finance

Q8. How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?

Answer: 48 hours

Q9. What is UMA’s native token?

Answer: UMA coin

Q10. What is the cross chain bridge empowered by UMA and its OO?

Answer: Across

Binance Band Protocol Quiz Answers

Q1. All of these concepts are related to Band Token except for…

Answer: Cash incentives

Q2. Which sentence is incorrect?

Answer: Band Protocol leverages on-chain centralized oracles that link on-chain applications together.

Q3. Which characteristics differentiate Band Protocol from other oracle services?

Answer: Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain

Q4. Which ecosystem(s) has/have partnered with Band Protocol?

Answer: All are correct

Q5. Which of the following IS NOT a use case of the BAND token?

Answer: To secure a discount when requesting data

Q6. Which sentence is CORRECT?

Answer: BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.

Q7. What network is BandChain on?

Answer: Cosmos

Q8. Which characteristic DOES NOT correctly describe BAND Protocol?

Answer: On-chain DeFi protocol

Binance PAX Gold Quiz Answers
Q1. The value of a PAXG token is equal to:

Answer: 1 troy oz. of physical gold

Q2. How do I know PAXG is fully backed by physical gold?

Answer: An independent auditing firm performs monthly checks on Paxos’ gold reserves.

Q3. PAXG storage fees are

Answer: 0.00%

Q4. When you own PAXG, you own physical gold. True or false?

Answer: True

Q5: Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?

Answer: True

Q6. PAXG is regulated and approved by ____

Answer: New York State Department of Financial Services

Q7: How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?

Answer: Enter their Ethereum wallet address on the PAXG lookup tool.

Q8. Where are PAXG’s physical gold reserves stored?

Answer: London Bank Vaults

Q9. Which gold tokens can be redeemed for physical gold?

Answer: PAX Gold (PAXG)

Q10. PAXG is built as an ____

Answer: ERC-20 token on the Ethereum blockchain

Binance STP Quiz Answers

Q1. What chains is STP bridging with its cross-chain technology?

Answer: Ethereum to Polygon

Q2. Which participation metrics are trackable on Clique?

Answer: All are correct

Q3. Which technology enables cross-chain governance on STP?

Answer: Data Bridge

Q4. What problem does Clique solve?

Answer: Fragmentation of DAO tools in the space

Q5. What is the main use case of STPT?

Answer: Governance

Q6. What are the two main functions of Clique?

Answer: DAO creation and DAO management

Q7. What type of DAOs does STP have a pre-made template for?

Answer: Investment DAO, Membership DAO, and Project DAO

Q8. What is the native coin of STP?

Answer: STPT

Q9. What is Clique

Answer: 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.

Q10. For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined?

Answer: 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 THORChain Quiz Answers

Q1. What is the native coin of THORChain?

Answer: RUNE

Q2. How many types of users are there in THORChain?

Answer: 4

Q3. What is the total supply of THORChain’s native coin?

Answer: 500 million

Q4. What are the use cases of THORChain’s native coin?

Answer: Governance, incentivization, settlement & network security

Q5. How does THORChain secure its network?

Answer: Tendermint Byzantine Fault Tolerance, Cosmos-SDK & Threshold Signature Scheme (TSS)

Q6. How would a BTC-to-ETH swap happen on THORChain?

Answer: Internally, there will be a BTC to RUNE swap, and then a RUNE to ETH swap

Q7. Which of the following statements is true?

Answer: RUNE is used to subsidize gas fees and reward Liquidity Providers and Node Operators

Q8. Who Secures The Network?

Answer: Node Operators

Q9. THORChain is a layer 2 DEX

Answer: False

Q10. What is the role of trader in the THORChain’s native ecosystem?

Answer: Function as an oracle to deliver data

Binance Frontier Quiz Answers

Q1. How does Frontier ensure the safety of its users?

Answer: Frontier performs rigorous due diligence on all natively integrated projects, requiring them to show security proof via audit reports.

Q2. What is the role of FRONT in the Frontier ecosystem?

Answer: 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.

Q3. What is the difference between native wallet integration by Frontier and non-native wallet integration?

Answer: Native wallet integrations are implemented directly inside a wallet, while non-native rely on third-party applications and dapp browsers.

Q4. Which popular NFT marketplaces does Frontier support?

Answer: All are correct

Q5. How many cryptocurrencies can you swap using Frontier?

Answer: 4000+

Q6. Which non-EVM blockchains does Frontier currently support?

Answer: Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, BNB Beacon Chain

Q7. What is native staking in Frontier?

Answer: Native staking is the staking of assets with validators to secure a blockchain, performed natively within the Frontier wallet application

Q8. On which devices is Frontier supported?

Answer: iOS & Android

Q9. What is the benefit of Frontier’s Smart DeFi Notifications?

Answer: Smart DeFi Notifications keep users up-to-date on their DeFi, NFT, and GameFi positions across all networks

Binance SKALE Quiz Answers

Q1. How much are gas fees on the SKALE Network?

Answer: zero

Q2. What type of blockchain is the SKALE Network?

Answer: Modular Layer1/Layer2 Hybrid

Q3. What types of decentralized applications run on SKALE?

Answer: All are correct

Q4. How does SKALE improve User Experience?

Answer: All are correct

Q5. 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?

Answer: true

Q6. How does SKALE increase the supply of SKALE Chains?

Answer: Incentivizing SKALE chain creation through surge pricing.

Q7. SKALE is Ethereum compatible. True or false?

Answer: true

Q8. How many Elastic Sidechains can be created in the SKALE ecosystem?

Answer: An unlimited amount

Binance Kyber Network Quiz Answers

Q1. What is KyberSwap?

Answer: All are correct

Q2. What is KyberDAO?

Answer: Kyber Network’s community governance platform

Q3. Users can use KyberSwap’s Discover feature to discover potentially trending tokens.

Answer: True

Q4. The Amplification (AMP) factor is used to ___.

Answer: Mimic higher levels of liquidity

Q5. Which blockchain is KyberSwap based on?

Answer: Ethereum

Q6. Users can earn KNC by

Answer: All are correct.

Q7. KyberSwap uses a ___ Market Maker protocol?

Answer: Dynamic

Q8. What is Kyber Network’s native token?

Answer: KNC

Binance Tezos Quiz Answers

Q1. What is Tezos’ native coin?

Answer: tez (xtz)

Q2. How does Tezos increase security in the network?

Answer: By being deeply decentralized

Q3. What are some of the types of decentralized applications built on the Tezos blockchain?

Answer: All are correct

Q4. What are some use cases of Tezos’ native coin?

Answer: Voting rights dan Becoming a validator

Q5. Who can participate in securing the network?

Answer: Users who delegate their Tez (XTZ) tokens to bakers & Validators called bakers

Q6. What is the consensus mechanism model used by Tezos called?

Answer: Liquid Proof of Stake

Q7. Which of the following are true?

Answer: Tezos’ unique self-amending protocol prevents hard forks & Tezos’ code is open-source code

Binance QUTM Quiz Answers

Q1. You can purchase QTUM on binance by:

Answer: All of the above

Q2. Holding QTUM allows you to vote on proposal. True or false?

Answer: True

Q3. When did the QTUM mainnet launch?

Answer: September 2017

Q4. Block rewards are split betweet:

Answer: Ten Super Staker

Q5. QTUM holders can delegate their UTXOS behind Staker Stakers through

Answer: Offline staking

Q6. Qtum’s account abstaction layer ia designed to:

Answer: Combine UTXO accounting with smart contract contract

Q7. When delegate QTUM behind a super Staker, a user must:

Answer: Provide their wallet address to a super Staker

Q8. QTUM Combines

Answer: UTXO Accounting, Smart Contract Capabilities

Binance Harmony Quiz Answers

Q1. Why should tokens have a finite supply?

Answer: To avoid inflation and incentivize token appreciation

Q2. What consencys mechanism does harmony use?

Answer: Effective proff of stake

Q3. Which technologies does harmony implemet to achieve scalability without sacrificing security?

Answer: Sharding and effective proff of stake

Q4. What is harmonys yearly network reward to validators?

Answer: 441 million tokens

Q5. Which of these DAOS have been funded by Harmony?

Answer: All are correct

Q6. What’s makes up the yearly reward at harmony?

Answer: Issuance + transaction fees

Q7. Harmony has created bridges for which chains?

Answer: All are correct

Q8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?

Answer: $300 Million

Q9. How many DAOs does Harmony aim to find in the future?

Answer: 10,000

Binance Immutable X Quiz Answers

Q1. Which blockchain is the Immutable X ecosystem built for?

Answer: Ethereum

Q2. Users can trade NFTs on any of the marketplaces built on Immutable X.

Answer: TRUE

Q3. What can token holders do with the IMX token?

Answer: Pay for fees on Immutable X, Vote for governance proposals, Stake to earn IMX rewards (pilih 3 3 nya)

Q4. Who can build on IMX?

Answer: All are correct

Q5. What can users do with the Immutable X APIs and SDKs?

Answer: All are correct

Q6. Which scaling technology does Immutable X use?

Answer: ZK-Rollups

Q7. Which statement best describes Immutable X?

Answer: A layer 2 scaling solution for NFTs on Ethereum.

Q8. Which Immutable X feature can enhance the liquidity of NFT assets?

Answer: The Immutable X global order book

Q9. What is Immutable X trying to achieve?

Answer: All are correct

Q10. Which ZK proof does Immutable X use?

Answer: STARK proof

Binance WOO Network Quiz Answers

Q1. What share of Woo Network’s revenue contributes to the monthly buyback and burn?

Answer: 50%

Q2. what is Woo Network’s centralized exchange called?

Answer: WOO X

Q3. How much does Kronos research trade each day?

Answer: $1 Billion+

Q4. What network did WOOFi first launch on?

Answer: BNB Chain

Q5. Who benefits from WOO Network’s services?

Answer: All of the above

Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?

Answer: False

Q7. Who invested in WOO network’s series A+ fundraising round in 2021?

Answer: Binance Labs

Q8. Which ecosystems are partnered with WOO DAO?

Answer: All of the above

Q9. WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?

Answer: True

Binance Ankr Quiz Answers

Q1. Which of the following best describes Ankr?

Answer: Option B

Q2. What is the utility of the native ANKR token?

Answer: All of the above

Q3. Ankr helps developers access data from blockchains via Remote Procedure Calls (RPCS) and Application Programming Interfaces (APIs).

Answer: True

Q4. Ankr provides Web3 tools for:

Answer: All of the above

Q5. Ankr Protocol is a marketplace for decentralized node infrastructure

Answer: True

Q6. What is liquid staking?

Answer: Option A

Q7. Ankr has been decentralized since day one.

Answer: False

Q8. Ankr is one of the fastest growing decentralized infrastructure providers.

Answer: True

Q9. Who uses the ANKR token?

Answer: All of the above

Q10. ANKR token holders can vote on the overall direction of Ankr Protocol via Ankr DAO

Answer: True

Binance Biswap Quiz Answers

Q1. What is the current BSW emission rate per block?

Answer: 16 BSW

Q2. What is the maximum swap referral reward on Biswap?

Answer: 20%

Q3. What is the trading fee on the Biswap NFT Marketplace?

Answer: 0.1%

Q4. Biswap is a___

Answer: Decentralized exchange utilizing an AMM model

Q5. Who was Biswap audited by?

Answer: Certik

Q6. Biswap’s core products include

Answer: All are correct

Q7. How is the Biswap NFT Marketplace trading fee distributed?

Answer: Distributed equally between buyers and sellers in Robi Boosts.

Q8. What is Biswap’s native token?

Answer: BSW

Q9. Biswap’s core products include

Answer: All are correct

Binance Threshold Network Quiz Answers

Q1. Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False?

Answer: true

Q2. tBTCv2 is a bridge between Bitcoin and ____?

Answer: Ethereum

Q3. 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?

Answer: true

Q4. What is NOT a feature of threshold cryptography?

Answer: Reliance on central authority (X)

Q5. Proxy re-encryption is designed to ____?

Answer: Protect user data and enforce access controls

Q6. Which are features of the Threshold Network?

Answer: All are correct

Q7. Threshold was created from the first-ever decentralized merger of the NuCypher and ___ Networks?

Answer: keep

Q8. Threshold cryptography empowers users to no longer have to make a trade-off between usability and ____.

Answer: Privacy

Binance COTI Quiz Answers

Q1. Select is the network(s) in which COTI operates:

Answer: All are correct

Q2. How does COTI keep ITS transaction fees low?

Answer: All are correct

Q3. What does COTI MultiDAG enable?

Answer: The ussuance of tokens on top of the trustchain protocol

Q4. The treasure distrubutes reward to COTI holders based on fees collected from:

Answer: All of COTI’s product, including treasury, COTI pay bussines, Djed, and more

Q5. Which type of consensus algorithm is used on the COTI network?

Answer: POT (proff of trust)

Q6. How can i earn rewards from the COTI ecosystem?

Answer: Deposit native COTI into the Treasury

Q7. COTI ia powering Djed, which is___ first algorithmic stablecoin

Answer: Cardano’s

Q8. What is COTI?

Answer: A layer-1 blockchain Ecosystem designed for payments

Binance Reef Quiz Answers

Q1. What consensus mechanism does the Reef ecosystem use?

Answer: Nominated Proof of Stake

Q2. What does Reef stand for?

Answer: Reliable, Extensible, Efficient, Fast

Q3. How much does the average transaction cost on Reef?

Answer: $0.17

Q4. What does REEF-20 mean?

Answer: The native utility token that powers the Reef blockchain

Q5. How many types of REEF tokens exist on the market?

Answer: 3

Q6. What is Reef Finance?

Answer: A layer 1 blockchain for DeFi, NFTs, and gaming

Q7. What is Reef’s current max token supply?

Answer: There is no max supply

Q8. What are the types of REEF tokens?

Answer: All of the options

Q9. How many transactions per second (TPS) is Reef able to process?

Answer: Over 460 TPS

Binance Polkastarter Quiz Answers

Q1. What is Polkastarter?

Answer: Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad.

Q2. Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite.

Answer: True

Q3. Polkastarter aims to become multichain. Which chains does the launchpad support?

Answer: Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche.

Q4. What are Polkastarter’s key features?

Answer: Fixed Swap Pools, IDO farming and Polkastarter gaming

Q5. 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?

Answer: True

Q6. What are the requirements to participate in an IDO on Polkastarter?

Answer: Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted.

Q7. How many POLS is it necessary to hold or stake to be eligible for the allowlist?

Answer: 250 POLS or more.

Q8. Besides IDOS, what other types of investment opportunities can the community find at Polkastarter?

Answer: Polkastarter Gaming & NFT Sales

Binance Jasmy Quiz Answers

Q1. In which of the following ways will you not be able to obtain JASMY metaverse tokens in the future?

Answer: PoW (Proof of Work)

Q2. How many JASMY tokens are allocated to the Jasmy Metaverse Fund?

Answer: 1 billion

Q3. Jasmy is based in Japan. True or false?

Answer: True

Q4. Which of the following is a characteristic of the Jasmy Metaverse?

Answer: All are correct

Q5. What does the Metaverse Fund support?

Answer: All are correct

Q6. Which exchanges is Jasmy listed on?

Answer: All are correct

Q7. What is Jasmy’s goal?

Answer: To promote data democracy

Q8. Jasmy is making its foray into?

Answer: Metaverse

Binance Multichain Quiz Answers

Q1. What are the use cases of MULTI?

Answer: Governance and staking

Q2. How many tokens are currently supported by Multichain?

Answer: 1000+

Q3. What is the total supply of Multichain’s native token?

Answer: 100 M

Q4. What are the solutions that Multichain offers for seamless transfer of assets?

Answer: Cross-Chain Bridges, Routers, and anyCall

Q5. What is the native coin of Multichain?

Answer: MULTI

Q6. How is consensus reached in Multichain?

Answer: Independent nodes that own part of a private key collectively sign transactions.

Q7. Interoperability is the concept of independent blockchains being able to interact with each other.

Answer: true

Q8. What benefits do users sending assets from one network to another enjoy?

Answer: All are correct.

Q9. What’s the difference between Multichain’s bridges and routers?

Answer: Bridges enable interoperability between two chains while routers enable interoperability between any chain.