Coinmarketcap Learn & Earn DeFiChain Quiz Answers

Coinmarketcap DeFiChain Quiz Answers

Coinmarketcap DeFiChain quiz answers

CMC launched a new learn and earn campaign ‘Coinmarketcap DeFiChain quiz’ that can give you free 25 DFI tokens worth approx $15.

Take short lessons and videos and update your knowledge on DeFiChain (DFI), then take a quiz and submit the correct answers along with your email id and Binane user ID.

Via the draw system, Coinmarketcap will select 10,000 qualified winners that gave all quiz answers correctly and each will get 25.9 $DFI worth approximately 15 dollars with additional 50 diamonds.

DeFiChain quiz answers can be submitted from February 10th, 12:00 PM UTC to March 11th, 2023. The answers given in this post can be used as a reference.

Learn & Earn DeFiChain Quiz Details

QuizCoinmarketcap learn and earn DFI quiz
End dateMarch 11th, 2023
Prize pool$150,000 DFI tokens
No of winners10,000
Rewards$15 DFI + 50 diamonds

Earn $15 From Coinmarketcap DFI Quiz

Signup from the given link if you do not have an account on Coinmarketcap.

1. Go to the CMC learn and earn page – DeFiChain quiz

2. Scroll to the bottom of the page there you will get ‘take the quiz’ option.

3. Start it and enter your Coinmarketcap email id and your Binance user ID.

4. Give the answers, add DFI to public watchlist, etc.

5. At last submit the quiz form. Done!

Coinmarketcap DeFiChain Quiz Answers

Please do your own research too and recheck the answers before submitting.

Question 1: DeFiChain is built on …?

The answer is – Bitcoin

Question 2: What makes building on Bitcoin special?

The answer is – that it adds security to the blockchain because it is non-turing complete.

Question 3: How much Total Value locked does DeFiChain have?

The answer is – $200M

Question 4: What are dAssets?

The answer is – Synthetic tokens that mimic the value of real-world assets like e.g. stocks.

Question 5: What kind of DeFi applications does the DeFiChain DEX offer?

The answer is – Trading, Loans, Liquidity mining, Minting of dAssets.

Question 6: What is DeFi Meta Chain?

The answer is – A sidechain of DeFiChain that offers full EVM and Web3 compatibility

Question 7: What can you do with $DFI?

The answer is – All options a, b and c

Question 8: What is minting?

The answer is – A process that is needed to keep DeFiChain running