Binance Terra (LUNA) Quiz Answers Today : Lear and Earn LUNA Token

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Binance Terra ( LUNA ) Token Quiz Answers

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Today we will says about Binance Terra LUNA Quiz Answers  Learn & Earn LUNA Token . Now we have updated with binance LUNA token quiz answers below. Find all correct answers of Binance Learn & Earn LUNA Token Quiz Answers  and get LUNA token

Binance Terra ( LUNA ) Token Quiz Answers Learn & Earn

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Q1. What US dollar amount of LUNA can you convert one TerraUSD into?

 Answer: $1

Q2. Terra stablecoins are overcollateralized. True or false?

Answer: False

Q3. Which of the following fiat currencies have stablecoin versions on Terra?

 Answer: All of the above

Q4. Where can you stake LUNA to take part in Terra governance?

 Answer: Terra Station

Q5. For its consensus mechanism, Terra uses:

 Answer: Delegated Proof of Stake

Q6. Terra is based in Mongolia. True or false?

 Answer: False

Q7. Anchor Protocol allows users to borrow crypto through:

 Answer: Over-collateralization

Q8. You can earn ANC on Anchor Protocol by:

Answer: Staking certain LP Tokens, Staking ANC, Borrowing stablecoins

Q9. Terra was created using:

 Answer: Cosmos SDK

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