Binance Learn & Earn Quiz Answers
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Binance Quiz Next Date &Time
Event name: Binance learn and earn quiz
Quiz date and time: 21st MARCH 2024
Rewards: 0.1 CYBER worth $1.3 in locked state for 150 days
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Binance Learn And Earn Quiz Answers
Binance Cyberconnect quiz answers have been updated here and all previous quiz answers are given below.
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Cyberconnect (CYBER) Quiz Answers
Q1. What is CyberAccount?
Answer: Smart Contract Wallet
Q2. CyberConnect aims to solve which one of the following problems?
Answer: All of the options
Q3. What problems does CyberConnect aim to solve?
Answer: Return data ownership back to users
Q4. What blockchains does CyberConnect support?
Answer: Ethereum (EVM)
Q5. Which one of the following is a core component of CyberConnect V3?
Answer: All of the options
Q6. Which of the following dApps are in CyberConnect’s ecosystem?
Answer: All of the options
Q7. What is Cyber L2?
Answer: OP Stack L2 blockchain
Q8. Which one of the following is a key component of CyberAccount?
Answer: All of the options
Q9. What is CyberConnect?
Answer: Web3 Social Network Protocol
Introduction To Bitcoin Answer
Q1. What will be the block reward after the upcoming Bitcoin Halving in April 2024?
Answer: 3.125 BTC.
Q2. What was the block reward when Bitcoin was first introduced?
Answer: 50 BTC
Q3. What is the maximum supply of Bitcoin?
Answer: 21,000,000 ВТ.
Q4. How does the Halving event impact mining rewards per block?
Answer: It reduces mining rewards by 50%.
Q5. How often does the Halving event occur in the Bitcoin network (approximately)?
Answer: Every 4 years
Q6. What is the primary purpose of the Halving event?
Answer: To gradually reduce the issuance rate of new BTC.
Q7. How does the Halving event tend to affect Bitcoin’s value proposition?
Answer: It tends to increase Bitcoin’s value proposition by making it more scarce over time.
Q8. What impact does the Halving tend to have on Bitcoin’s demand?
Answer: It tends to increase Bitcoin’s demand.
Binance Radiant (RDNT) Quiz Answers
Q1. What is the primary goal of decentralized finance (DeFi) money markets like Radiant Capital?
Answer: To revolutionize asset transfer and accumulation globally
Q2. What is required for a user to receive RDNT emissions in Radiant’s platform?
Answer: The user’s dLP value must stay above 5% of their deposits in Radiant’s lending markets
Q3. Which blockcahin does Radiant V2 currently support?
Answer: Ethereum Mainnet, Arbitrum, and BNB Chain
Q4. What is the nature of RDNT in Radiant Capital’s ecosystem?
Answer: An Omnichain Fungible Token
Q5. What is the purpose of Radiant’s Dynamic Liquidity (dLP) staking mechanism?
Answer: To align user incentives with the protocol’s sustainability
Q6. What percentage of protocol fees are returned to Radiant’s users?
Answer: 85%
Q7. How does Radiant V2 aim to solve the problem of fractured liquidity in DeFi?
Answer: By using omnichain technology to pool assets from all enabled chains
Q8. What are the benefits of dLPs in Radiant’s ecosystem?
Answer: Receive RDNT emissions, protocol fees, and governance power
Q9. What notable feature did Radiant introduce with its V2 launch?
Answer: Omnichain functionality
Binance SUI Quiz Answers
Q1. Sui is a layer 2 blockchain.
Answer: False
Q2. What is Sui’s native programming language?
Answer: Sui move
Q3. Sui uses an object-focused data model. What do most other blockchains use?
Answer: Account
Q4. Validators bringing more resources online when traffic increases is called.
Answer: Horizontal scaling
Q5. Which consensus mechanism does Sui use?
Answer: Delegated proof of stake
Q6. Shared objects allow multiple people to initiate changes to the object.
Answer: True
Q7. Single owner objects are processed
Answer: In parallel
Q8. Which types of assets can be objects on Sui?
Answer: All of the above
Q9. An object can own another object.
Answer: True
Binance Solana Quiz Answers
Q1. Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Answer: Proof-of-work
Q2. As of September 2022, what is the energy impact of a single Solana transaction on average?
Answer: Less than a Google search (~500)
Q3. What can you use SOL for?
Answer: All are correct
Q4. What is the average Solana transaction fee?
Answer: $0.00025
Q5. What is Saga?
Answer: A crypto-friendly mobile phone that uses the Solana Mobile Stack
Q6. How quickly does it take the Solana Pay protocol to process a transaction globally?
Answer: A few seconds
Q7. Firedancer, a new Solana validator client being developed by Jump crypto, can process how many TPS in a test environment?
Answer: 1,200,000
Q8. Solana uses mining to secure its network.
Answer: False
Q9. As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000
Q10. Which of the following established companies support or have integrated Solana?
Answer: All are correct
Binance Marlin (POND) Quiz Answers
1. Which programming languages does Marlin support?
Answer: All of the options
2. What does Oyster use to ensure the correctness of computations?
Answer: Trusted Execution Environments (TEEs)
3. Applications deployed on which chain can use Marlin?
Answer: All of the options
4. What kind of applications are suitable for deployment on Marlin?
Answer: All of the options
5. What is Kalypso?
Answer: A ZK-proof marketplace
6. What is the utility of Oyster?
Answer: Delegating complex computations
7. Marlin can be used as a coprocessor using two sub- protocols, namely.
Answer: Oyster and Kalypso
8. Which token does the Marlin ecosystem rely on to derive its security guarantees?
Answer: POND
9. What is Marlin?
Answer: Verifiable computing protocol
Binance DOCK Quiz Answers
1. When was Dock founded?
Answer: 2017
2. What is the total supply of the DOCK token?
Answer: 1 billion
3. Which of the following is NOT a feature of Dock’s platform?
Answer: Issue Verifiable Credentials
4. Which of the following is a function of the DOCK token?
Answer: All of the above
5. What can you do using Dock’s platform?
Answer: All of the above
Binance Graph Quiz Answers
Q1. Which role in The Graph protocol ensures data availability and reliability?
Answer: Indexers
Q2. What is The Graph protocol?
Answer: A protocol for accessing, organizing, and querying blockchain data
Q3. Who are the key participants in The Graph ecosystem?
Answer: Indexers, Curators, and Delegators
Q4. What are subgraphs in The Graph?
Answer: Open APIs that map and organize data from different blockchain networks
Q5. How does The Graph address the issue of accessing blockchain data?
Answer: Through its decentralized architecture and indexing capabilities
Q6. How does GRT contribute to the network?
Answer: By incentivizing participants and paying for queries
Q7. What is the role of Delegators in The Graph protocol?
Answer: To secure the network and expand Indexer operations
Q8. How does delegation contribute to The Graph’s ecosystem?
Answer: By allowing non-technical individuals to participate and earn rewards
Q9. How does The Graph improve the accessibility of blockchain data?
Answer: By deploying open APIs, called subgraphs
Q10. How does The Graph transform our interaction with the decentralized web?
Answer: By making blockchain data more organized, efficient, and reliable
Q11. What do Delegators do in The Graph ecosystem?
Answer: Delegate their GRT to trusted Indexers and earn rewards
Q12. How does The Graph contribute to a more transparent and efficient data marketplace?
Answer: By organizing and making blockchain data accessible
Binance DEXE Quiz Answers
Q.1 Who are the Experts?
Answer: People or DAOS whose competency and expertise DAO members trust
Q.2 What is the role of these experts?
Answer: To improve decision-making
Q.3 What is the utility of the DEXE token?
Answer: Governs DeXe Protocol DAO
Q.4 What are the benefits of delegating to experts?
Answer: Better decision-making and rewards multipliers
Q.5 How are rewards distributed to the DAO community?
Answer: To everyone who creating proposals and voting
Q.6 What is the DeXe Protocol?
Answer: Infrastructure for creating and governing DAOS
Q.7 What is the DeXe DAO Studio?
Answer: An advanced platform for creating and governing DAOS in one place
Q.8 What delegation system is proposed on the DeXe DAO Studio?
Answer: Experts and subDAOS Delegation
Q.9 Which three DAO Voting Systems does the DeXe DAO Studio offer?
Answer: Meritocratic, Linear, Custom
Q10. How many smart contracts does the DeXe Protocol contain?
Answer: 50+
Binance CyberConnect Quiz Answers
Q.1 Which of the following dApps are in CyberConnect’s ecosystem?
Answer: All of the options
Q.2 What is CyberConnect?
Answer: Web3 Social Network
Q.3 What blockchains does CyberConnect support?
Answer: Polygon, BNB Chain, Linea, Optimism, Arbitrum and Base
Q.4 What problems does CyberConnect aim to solve?
Answer: Return data ownership back to users
Q.5 What is CyberAccount?
Answer: Smart Contract Wallet
Q.6 Which one of the following is a core component of CyberConnect V3?
Answer: All of the options
Q.7 CyberConnect aims to solve which one of the following problems?
Answer: All of the options
Q.8 Which one of the following is a key component of CyberAccount?
Answer: All of the options
Binance DOT Quiz Answers
Q1.Which of the following is a founder of Polkadot?
Ans: Gavin Wood
Q2. Which of the following are use cases that Polkadot supports?
Ans: All of the options
Q3. Polkadot developers who need more functionality and scalability should build:
Ans: A custom blockchain
Q4. What term did Polkadot’s founder coin?
Ans: Web 3.0
Q5. Which limitations of bridges does Polkadot address?
Ans: They have limited functionality and security flaws
Q6. What does interoperability mean on Polkadot?
Ans: Apps and services can securely communicate across blockchains
Q7. Which of the following is NOT a benefit of building a custom blockchain on Polkadot?
Ans: Built-in AI features
Q8. What is the mission of Polkadot?
Ans: To power the movement for a better web
Q9. Which stage companies does Polkadot support?
Ans: All of the options
Q10. What is blockspace?
Ans: The core product of blockchains
Binance EDU Quiz Answers
Q1) What do Publisher NFTs allow content creators to do?
Answer: Maintain ownership of their intellectual property while monetizing their content
Q2) What is $EDU?
Answer: The native token of Open Campus
Q3) What is the governance role of $EDU owners in the protocol?
Answer: They can vote on proposals submitted through the Open Campus DAO
Q4) What is Open Campus?
Answer: A decentralized education platform for teachers, creators, and learners
Q5) What is a co-publisher?
Answer: Promote and market the teachers’ content with different communities
Q6) Which of the below is not a mission of Open Campus?
Answer: Create a free learning platform for students
Q7) What is the $10M Global Educators Fund?
Answer: A fund to support teachers in creating content on Open Campus
Binance LeverFi Quiz Answers
Q1) What are the use cases of leverF’ is native coin?
Answer: Governance and Staking
Q2) LeverFi is a ____.
Answer: Decentralized, On – Chain leverage trading platform
Q3) What is the total supply of LeverFi native coin?
Answer: 35 Billion
Q4) What is the intrinsic value of the LeverFi token?
Answer: It has no intrinsic value
Q5) What is the native coin of LeverFi?
Answer: LEVER
Q6) LeverFi allows traders to unify their yield – bearing assets into one basket.
Answer: True
Q6) LeverFi also offers a liquidation system designed to protect traders.
Answer: False
Q7) Protocol fees are generated from ____.
Answer: Trading, borrowing, and lending
Q8) What is LeverFi’s vision?
Answer: Improve asset efficiency and other DeFi pain points
Q10) How does LeverFi optimize asset pricing with low slippage?
Answer: By routine transactions through multiple trading venues, LeverFi ensures optimized asset pricing with low slippages for traders
Binance Margin Trading Quiz Answers
Q1) What’s the benefit(s) of Binance margin trading?
Answer: All of the above
Q2) Margin trading lets you:
Answer: Amplify your gains and losses
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 Flexible Loans Quiz Answers
Q1) Which of the following statements about Binance Flexible Loan is incorrect?
Answer: Binance Flexible Loan is a fixed-term loan product.
Q2) Which of the following statements about Binance Flexible Loan is true?
Answer: All of the mentioned options
Q3) What does LTV stand for?
Answer: Loan-to-Value
Q4) Which of the following is NOT an advantage of Binance Flexible Loan?
Answer: Collateral is not required
Q5) What is an overcollateralized loan?
Answer: The collateral value must be greater than the loan value
Q6) What can I do with the cryptocurrency I borrow from Binance Flexible Loan?
Answer: All of the above
Q7) What type of assets can be used as collateral for Binance Flexible Loan?
Answer: Simple Earn Flexible Product assets
Q8) What is the formula to calculate LTV?
Answer: LTV = Loan Value / Collateral Value
Q9) When should you repay your outstanding Flexible Loan?
Answer: Anytime, unless your position is liquidated or certain cryptocurrencies are no longer supported on the platform.
Q10) Which of the following statements about Loan Liquidation is true?
Answer: All of the mentioned options
Binance HIFI Quiz Answers
Q1) To what can Hifi Governance allocate the resources from the fee switch?
Answer: All of the above.
Q2) What is the role of Liquidators in Hifi Finance?
Answer: Sell off collateral and pay off debt for risky borrowers.
Q3) What is the purpose of Hifi Finance?
Answer: Provide a new way of lending and borrowing.
Q4) What is the role of HIFI token holders in Hifi Governance?
Answer: Both A and B.
Q5) What makes Hifi unique compared to other lending protocols?
Answer: Its fixed interest rate offering.
Q6) Who votes on which assets users can borrow against in Hifi Finance?
Answer: HIFI token holders
Q7) Who is responsible for managing the Hifi Lending Protocol?
Answer: HIFI token holders
Q8) What is the purpose of the fee switch in the Hifi Lending Protocol?
Answer: To capture an origination fee.
Q9) What are the three ways in which users can earn a return in Hifi Finance?
Answer: Lending, providing liquidity, and protecting the protocol from bad debt.
Q10) How do Liquidity Providers earn a reward in Hifi Finance?
Answer: Providing liquidity for interest-rate markets
Q11) Who manages the administrative functions in the Hifi Lending Protocol?
Answer: HIFI token holders
Q12) What is Hifi Finance (HIFI)?
Answer: A decentralized lending protocol built on Ethereum.
Binance VOXEL Quiz Answers
Q1) How do players acquire VOXEL?
Answer: Win PVP battles
Q2) What percentage of total VOXEL tokens are being allocated to the ecosystem and growth fund?
Answer: 4%
Q3) How much of all item NFTs have already been burned and upgraded using VOXEL?
Answer: Over 60%
Q4) What can players buy today with VOXEL tokens?
Answer: Both A and B
Q5) What is VOXEL’s primary use case in the Voxie Tactics game?
Answer: Enhance the in-game experience
Q1) What is VOXEL’s total supply?
Answer: 300M
Q1) What determines the amount of VOXEL awarded to players after PVP battles?
Answer: The rarity of the Voxies used in battle
Q1) What does holding VOXEL offer players?
Answer: All of the above
Q1) What percentage of total VOXEL tokens are being allocated for P2E rewards?
Answer: 50%
Q1) How many unique wallets have been holding VOXEL since its initial launch in December 2021?
Answer: 35,818
Q1) Over what period of time is VOXEL being distributed?
Answer: Five years
Q1) What are VOXEL tokens?
Answer: Both A and B
Binance EOS Quiz Answers
Q1) Which statement below about the EOS Network is correct?
Answer: All of the above
Q2) What can you do with the EOS token?
Answer: All of the above
Q3) What did the EOS Network launch on April 14th 2023?
Answer: EOS EVM
Q4) Which statement below about the EOS Network Foundation (ENF) is correct?
Answer: The ENF is a community-led non-profit whose mission is to identify opportunities for investment, seed funding, and collaboration in pursuit of Web3 innovation.
Q5) Which statement below best describes the EOS Network?
Answer: All of the above
Binance BNB Quiz Answers
1. BEP-2 BNB is the native coin of Ethereum. True or false?
Answer: False
2. What use cases does BNB have?
Answer: All are correct
3. Which token standards exist for BNB?
Answer: All are correct
4. Owning BNB provides you with a share of Binance’s profits.
Answer: False
5. Which token standards exist for BNB?
Answer: All are correct
6. BNB was originally issued as a:
Answer: ERC-20 token on Ethereum
7. What was BNB’s initial sale price during its distribution?
Answer: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB
8. BNB launched through an initial game offering (IGO) in 2017?
Answer: False
9. Total supply of BNB?
Answer: 200 million BNB
Binance BUSD Quiz Answers
1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?
Answer: Binance-peg BUSD
2. What is the total supply of BUSD?
Answer: Just over 22 billion
3. Which chain is BUSD minted on by Paxos?
Answer: Ethereum
4. Who regulates BUSD?
Answer: NYDFS (New York Department of Financial Services)
5. Who mints BUSD?
Answer: Paxos
6. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar
7. BUSD is backed 1:1 with:
Answer: Cash reserves
8. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct
9. What can BUSD be used for?
Answer: All are correct
10. Which of the following descriptions is incorrect?
Answer: BUSD doesn’t provide a monthly basis attestation report.
Binance Hashflow Quiz Answers
1. Which exchange was the first to list the Hashflow token (HFT)?
Answer: Binance
2. How much does Hashflow charge in fees?
Answer: 0%
3. What makes Hashflow different from other DEXs?
Answer: Hashflow uses the RFQ model for market making.
4. What is HFT’s utility?
Answer: Governance and in-DAO Health & Rewards.
5. What is unique about trading on Hashflow?
Answer: All are correct
6. How does one start trading on Hashflow?
Answer: Connect your wallet.
7. What is The Hashverse?
Answer: Hashflow’s story-driven and gamified governance DAO.
8. What is Hashflow’s total volume?
Answer: $11 billion
Binance Hooked Protocol Quiz Answers
1. What is Hooked Protocol?
Answer: Web3 Gamified Social Learning Platform
2. What is the first pilot app of Hooked Protocol？
Answer: Wild Cash
3. What is the latest number of monthly active users of Wild Cash?
Answer: Over 3 Million
4. What network did Hooked Protocol first launch on?
Answer: BNB Chain
5. How many Hook will be in the circulating supply upon listing?
Answer: 10% of total supply
6. How does the Hooked token structure work?
Answer: There is an only utility token uHGT
7. Which one of the following is the HOOK token function?
Answer: All are correct
8. Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?
Answer: True
9. Who are the target users that Hooked Protocol will provide services to fulfill the mission?
Answer: All are correct
10. What are the highlights of Hooked Protocol achieved so far?
Answer: All are correct
Binance Gift Card Quiz Answers
1. What is a Binance gift card?
Answer: A gift card lets you send and receive cryptocurrency in a fast, simple, and customizable way with zero fees to both Binance and non-Binance users.
2. With Binance gift card, you can:
Answer: All are correct
3. Cashback gift cards provide the user cashback in:
Answer: Gift Cards
4. Sending crypto with a gift card requires:
Answer: Funds in your spot/funding wallet for payment
5. Physical Binance gift cards support over:
Answer: 270+ cryptocurrencies
6. A Stablecoin-Denomination gift card allows you to:
Answer: Gift cryptocurrencies in an amount fixed to the value of another asset
7. The Binancegift card marketplace is a place to:
Answer: All are correct
Binance Algorand Quiz Answers
1. Algorand has a Governance Program that allows the community to vote on measures that impact the future of the blockchain. True or false?
Answer: True
2. What is the total supply of ALGO tokens?
Answer: 10 billion
3. What is the minimum stake needed to run a validator node in Algorand’s PPOS consensus mechanism?
Answer: 0.1 ALGO
4. Silvio Micali, founder of Algorand, is famous for being the co-inventor of which of the following technologies?
Answer: All are correct
5. Which of the following companies are building NFT and Web3 projects on Algorand?
Answer: All are correct
6. For each round, the network selects:
Answer: The block proposal with the lowest VRF hash
7. How fast is an Algorand block?
Answer: 3.7 seconds
8. How much does it cost to send a transaction in Algorand?
Answer: 0.001 ALGO
9. How many transactions per second (TPS) can Algorand process?
Answer: 6,000
10. What is Algorand’s consensus mechanism?
Answer: Pure Proof-of-stake (PPOs)
Binance Polymesh Quiz Answers
1. What is Polymesh built for?
Answer: Security tokens
2. Who are Polymesh’s node operators?
Answer: Regulated financial entities only
3. How large is the securities market?
Answer: Hundreds of trillions of dollars
4. Can you earn staking rewards with POLYX?
Answer: Yes
5. Polymesh falls into which category of blockchain?
Answer: Public permissioned
6. How is POLYX classified under Swiss law?
Answer: Utility token
7. What consensus mechanism does Polymesh use?
Answer: Proof-of-stake
8. What are the key pillars of Polymesh?
Answer: Governance, identity, compliance, confidentiality, settlement
9. What are the next steps for Polymesh?
Answer: Stablecoins, MERCAT, Integrations, NFTS
10. Polymesh is the blockchain of?
Answer: Making tokenization accessible to institutions
Binance TrueFi Answers
1. TrueFi’s mission is to build what?
Answer: The world’s most transparent and effective financial infrastructure to support the global credit market
2. What benefits does TrueFi offer its users?
Answer: All are correct
3. What is not a function of the TrueFi credit protocol?
Answer: Collateralized lending
4. Approximately how much in unsecured loans has TrueFi originated between November 2020 and December 2022?
Answer: $2 billion
5. What is TrueFi’s native token?
Answer: TRU
6. TrueFi’s native token is used to facilitate:
Answer: All are correct
7. What benefits does TrueFi offer its users?
Answer: All are correct
8. What are the benefits of launching a financial opportunity on-chain using TrueFi?
Answer: All are correct
9. Who can loan into TrueFi pools and portfolios?
Answer: Each pool and portfolio has its own lender selection criteria, set by the manager
10. How can lenders generate yields on TrueFi?
Answer: All are correct
11. Besides Ethereum, what other blockchain does TrueFi support?
Answer: Optimism
12. How can TrueFi lenders exit their loan position in a TrueFi pool or portfolio?
Answer: Exit liquidity differs depending on the opportunity, based on specifications set by the manager
13. What protections do TrueFi lenders enjoy against loss of capital on the protocol?
Answer: All are correct
Binance Skale Quiz Answers
1. How much are gas fees on the SKALE Network?
Answer: Zero
2. What type of blockchain is the SKALE Network?
Answer: Modular Layer1/Layer2 Hybrid
3. What types of decentralized applications run on SKALE?
Answer: All are correct
4. How does SKALE improve User Experience?
Answer: All are correct
5. 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
6. How does SKALE increase the supply of SKALE Chains?
Answer: Incentivizing SKALE chain creation through surge pricing
7. SKALE is Ethereum compatible.
Answer: True
8. How many Elastic Sidechains can be created in the SKALE ecosystem?
Answer: An unlimited amount
Binance Lido Quiz Answers
1. What problem is Lido trying to solve in PoS staking?
Answer: All are correct
2. 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
3. Where do users deposit their PoS token on Lido?
Answer: The Lido staking pool smart contract
4. What can holders do with LDO?
Answer: Vote on decisions in the Lido DAO
5. Why does Lido operate as a DAO?
Answer: All are correct
6. What can users do with their stETH tokens?
Answer: All are correct
7. What is the name of the utility token on Lido?
Answer: LDO
8. In addition to Ethereum, which PoS blockchain does Lido support?
Answer: Polkadot
WOO Network (WOO) 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 are correct
Q6) WOO Network was selected as a judge in BNB 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 ecosystem(s) are partnered with WOO DAO?
Answer: All are correct
Q9) WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?
Answer: True
Q10) Who benefits from WOO Network’s liquidity?
Answer: All are correct
Q11) WOOFi is an all-in-one dApp.
Answer: True
Q12) What is WOOFi’s swap fee?
Answer: 0.025%
Q13) How quickly can WOOFi cross-chain swaps complete?
Answer: 30 seconds
Q14) Which of these are features of WOOFi Supercharger vaults?
Answer: All are correct
Q15) How many chains is WOOFi integrated with?
Answer: 4
Q16) WOOFi DEX has a customizable UI and visible orderbook.
Answer: True
Q17) Which network is WOOFi DEX built upon?
Answer: NEAR
Binance BURGER 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
Livepeer (LPT) Quiz
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
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: Ethereum & BSC
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
Mantra Quiz Question & Ans
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: EVM & IBC
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 XRP Quiz
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 BTTC 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.
Q30 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
Tezos (XTZ) 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 & 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) What Is Tezos (XTZ)?
Answer: Tezos’ unique self-amending protocol prevents hard forks & Tezos’ code is open-source code
