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Binance Learn and Earn Quiz Answers Today
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This Quiz contest will be run in 3 phases on the date of 6th April 2022. i.e.
Phase 3: 2022-04-06 02:00 PM (UTC)
Binance Learn and Earn Quiz Answers Today
Binance Harmony ( ONE Token )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 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 QTUM 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 : False
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 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 ANKR Quiz Answers Today
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 Terra (LUNA) Quiz Answers Today
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
Binance Woo Network Quiz Answers Today
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 SHIB Quiz Answers Today
Q1. Answer: A, B, C, D
Q2. Answer: B
Q3. Answer: A
Q4. Answer: B
Q5. Answer: B
Q6. Answer: A
Binance BUSD Quiz Answers Today
Q1. Answer: A
Q2. Answer: A , B , C , D
Q3. Answer: B
Q4. Answer: A
Q5. Answer: B
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