Binance Learn & Earn On Binance Academy Quiz Answers
Binance learn & earn on Binance academy quiz answers for terra, Ankr and Polkastarter are given below.
Binance Terra (LUNA) Quiz Answers
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 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 allowed listed.
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
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
