Binance Learn And Earn The Graph Quiz | 7 GRT Staking Rewards
Binance the Graph quiz answers: Welcome to the new round of Binance learn and learn. In this event, you will have the opportunity to test your knowledge about the Graph protocol and rewards.
Learn about the Graph protocol and get 7 GRT worth approximately one dollar. You can refer to the Graph Binance quiz answers from this post after the quiz starts.
You can begin to read the articles and watch the videos anytime from now and complete the quiz when it is available till GRT token supplies last.
Rewards are already fixed and will be available on a first-come-first-serve basis and they can claim the reward only after completing the quiz.
The Graph Quiz Rewards
Rewards | 7.2 GRT token |
Staking period | 150 days, get 10% APR |
Link | Graph quiz |
Binance Graph GRT Quiz Answer
Q1. What is The Graph protocol?
Answer: A protocol for accessing, organizing, and querying blockchain data
Q2. Who are the key participants in The Graph ecosystem?
Answer: Indexers, Curators, and Delegators
Q3. How does The Graph address the issue of accessing blockchain data?
Answer: Through its decentralized architecture and indexing capabilities
Q4. How does GRT contribute to the network?
Answer: By incentivizing participants and paying for queries
Q5. What are subgraphs in The Graph?
Answer: Open APIs that map and organize data from different blockchain networks
Q6. What is the role of Delegators in The Graph protocol?
Answer: To secure the network and expand Indexer operations
Q7. What do Delegators do in The Graph ecosystem?
Answer: Delegate their GRT to trusted Indexers and earn rewards
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 transform our interaction with the decentralized web?
Answer: By making blockchain data more organized, efficient, and reliable
Q10. How does The Graph contribute to a more transparent and efficient data marketplace?
Answer: By organizing and making blockchain data accessible
Q11. How does The Graph improve the accessibility of blockchain data?
Answer: By deploying open APIs, called subgraphs
Q12. Which role in The Graph protocol ensures data availability and reliability?
Answer: Indexers