Coinmarketcap Oasis Network Quiz Answers: Learn & Earn $10 ROSE
Coinmarketcap Oasis Network Quiz Answers: Participate in Coinmarketcap Learn & Earn campaign and win free $10 worth ROSE tokens from Oasis Network Quiz.
Oasis Network learn & earn coinmarketcap campaign is going to be live at 12:00 PM UTC. Participate in the Oasis Network quiz & earn free Rose tokens.
Oasis Network quiz questions will generally be based on the same topic and therefore make sure to learn about it through the provided short lessons or videos.
This learn & earn free $Rose from coinmarketcap is for a limited time and for limited users with the random luck system so don’t miss this chance to earn free $10.
Rose token rewards will be distributed randomly to users amongst those who complete the quiz successfully before the campaign concludes.
This Coinmarketcap Oasis Network learn & earn campaign’s reward pool consists of 571,257 Oasis Network (ROSE) tokens worth $180,000.
Successful users will receive 30 Oasis Network (ROSE) tokens worth $10 as well as 50 diamonds as a reward!
The Oasis Network Learn & Earn campaign will run from 2022.02.21 (12:00 PM UTC) to 2022.03.22 (23:59:59 PM UTC).
If you have not taken the lessons yet, make sure to learn about Oasis Network to complete the quiz. Oasis Network quiz answers are given below.
How to participate in Coinmarketcap Learn & Earn Quiz?
1) Tap on the link given below and create your new account on coinmarketcap.
2) If asked enter the referral code (WO9OSGBN) during the signup process.
3) Visit here and tap on the start button to take the Coinmarketcap Oasis Network Quiz.
4) Complete the captcha and agree to the terms and start the quiz.
5) Enter your email address with you have registered on Coinmarketcap.
6) Enter your Binance User ID, How to find Binance User ID? Go to Binance > Profile > Copy your User ID
Note: If you do not have Binance account then create from the link given below.
7) Complete the Oasis Network quiz. Scroll the page to see the answers.
8) Add Oasis Network (ROSE) token to the public watchlist.
Coinmarketcap Oasis Network Learn & Earn Quiz Answers
Note: Do your research & recheck the answers before submitting the quiz. These answers are just for the reference purpose only
Q1) What is the Oasis Protocol?
Answer: A scalable Layer 1 blockchain that can expand DeFi beyond early adopters into mass market adoption
Q2) Why is Oasis ideal for DeFi?
Answer: All of the above
Q3) What is the ROSE token capped at?
Answer: 10 billion
Q4) What is the ROSE token used for?
Answer: Staking and securing the safety of the Network
Q5) What is YuzuSwap?
Answer: The first DEX built by community developers on Oasis
Q6) Who are some of the backers of the $200 million Oasis Ecosystem Fund?
Q7) What do Oasis’ privacy preserving features facilitate?
Answer: Confidential computation and defense against MEV to bring DeFi to the mainstream market
Q8) What is Emerald?
Answer: An EVM compatible ParaTime
Other Learn & Earn Quiz
What is Oasis Network?
Oasis Network is a Layer 1 blockchain that can expand DeFi beyond early adopters into mass market adoption.
The team recently introduced a substantial $200 million oasis ecosystem fund, supported by top industry backers and is one of the top two invested blockchains by funds, according to Messari.
Oasis’ privacy preserving features and confidential computation allow sensitive data including health, financial, and personally identifiable data to exist on chain.
This opens the door to new use cases like private lending and under-collateralized loans.
Oasis Network is ideal for DeFi applications due to its instant finality, 99% lower gas fees versus Ethereum, high throughput, privacy protection, and defense against MEV.
Oasis Network is far more scalable than existing blockchains, through its separation of consensus and computation into 2 parallel layers.
By doing so, the network is able to manage many complex transactions at scale.
Oasis Network architecture is designed for scaling. It is the only blockchain with native support for Rollups at the Consensus layer.
Transactions on Oasis can scale up to 1000per second per paratime, and with 1000 paratimes that’s a potential million transactions per second.
Oasis Emerald, the EVM compatible Paratime, allows for easy integration with EVM-based DApps and the Wormhole bridge is now live enabling cross-chain interoperability.
The ROSE token is used for staking, delegation, and transaction fees in the Consensus layer of the Oasis blockchain. The ROSE token will be capped at 10 billion tokens.
Staking ROSE tokens allows users to earn rewards of up to 12% APY for contributing to the safety and security of the network.