Binance Learn & Earn LDO Quiz Answers
Posted: Wed Oct 19, 2022 8:29 am
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
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