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✅✅ Binance Learn & Earn Upcoming Quiz Answers

🔴 Binance Quiz Answers 🔴 ♦️UMA♦️ Q: What makes the OO optimistic? A: Proposed data will not require resolution unless it is disputed, and disputes are rare Q: How many tokens did UMA transfer to its DAO in 2021? A: 35 million tokens Q: Who are the three actors in the OO system? A: The contract requesting the data; the participant proposing the data; and the disputer Q: Why is there a reward associated with voting correctly? A: So there is an incentive to be correct Q: Why does the OO include a human component? A: Humans can provide any kind of knowable truth to a blockchain Q: What are the phases in the UMA voting process? A: Voting period; voting revealing period; reward collection period Q: What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO? A: Outcome.Finance Q: How long does it typically take for the OO, through its UMA token holders, to resolve a dispute? A: 48 hours Q: What is UMA’s native token? A: UMA coin Q: What is the cross chain bridge empowered by UMA and its OO? A: Across ♦️BAND♦️ Q: All of these concepts are related to Band Token EXCEPT for… A: Cash incentives Q: Which sentence is INCORRECT? A: Band Protocol leverages on-chain centralized oracles that link on-chain applications together. Q: Which characteristics differentiate Band Protocol from other oracle services? A: Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain Q: Which ecosystem(s) has/have partnered with Band Protocol? A: All are correct Q: Which of the following IS NOT a use case of the BAND token? A: To secure a discount when requesting data Q: Which sentence is CORRECT? A: BandChain's Delegated Proof of Stake design and BAND token create a decentralized network. Q: What network is BandChain on? A: cosmos Q: Which characteristic DOES NOT correctly describe BAND Protocol? A: On-chain DeFi protocol ♦️BTTC♦️ (reward $2 lock for 150 day) Q: “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. A: Proof of Stake blockchain Q: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? A: false Q: What can you NOT do on Binance Earn? A: Conduct leveraged trading to amply the returns Q: Which of the following is a form of passive income? A: Alice stakes her crypto holdings Q: What can you do with Binance Earn? A: Select different products to grow your crypto holdings Q: What is NOT staking? A: Generate returns by trading your coins Q: Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? A: true Q: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _. A: spot wallet Q: Binance Locked Staking’s locking period for different products is the same. True or false? A: false @TechnoGirl0011

❤️ SKL Quiz Answers ⚡️⚡️ Q: How much are gas fees on the SKALE Network? A: zero Q: What type of blockchain is the SKALE Network? A: Modular Layer1/Layer2 Hybrid Q: What types of decentralized applications run on SKALE? A: All are correct Q: How does SKALE improve User Experience? A: All are correct Q: 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? A: true Q: How does SKALE increase the supply of SKALE Chains? A: Incentivizing SKALE chain creation through surge pricing. Q: SKALE is Ethereum compatible. True or false? A: true Q: How many Elastic Sidechains can be created in the SKALE ecosystem? A: An unlimited amount Earn Passive Income on Binance Q: “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time. A: Proof of Stake blockchain Q: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false? A: false Q: What can you NOT do on Binance Earn? A: Conduct leveraged trading to amply the returns Q: Which of the following is a form of passive income? A: Alice stakes her crypto holdings Q: What can you do with Binance Earn? A: Select different products to grow your crypto holdings Q: What is NOT staking? A: Generate returns by trading your coins Q: Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false? A: true Q: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _. A: spot wallet Q: Binance Locked Staking’s locking period for different products is the same. True or false? A: false @TechnoGirl0011

❤️ STP Quiz Answers ⚡️⚡️ Q: What chains is STP bridging with its cross-chain technology? A: Ethereum to Polygon Q: Which participation metrics are trackable on Clique? A: All are correct Q: Which technology enables cross-chain governance on STP? A: Data Bridge Q: What problem does Clique solve? A: Fragmentation of DAO tools in the space Q: What is the main use case of STPT? A: Governance Q: What are the two main functions of Clique? A: DAO creation and DAO management Q: What type of DAOs does STP have a pre-made template for? A: Investment DAO, Membership DAO, and Project DAO Q: What is the native coin of STP? A: STPT Q: What is Clique A: The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc. Q: For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined? A: The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology @TechnoGirl0011

❤️ PAXG Quiz Ans ⚡️⚡️ Q : The value of a PAXG token is equal to: A : 1 troy oz. of physical gold Q: How do I know PAXG is fully backed by physical gold? A: An independent auditing firm performs monthly checks on Paxos’ gold reserves. Q : PAXG storage fees are A : 0.00% Q: When you own PAXG, you own physical gold. True or false? A: True Q : Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False? A :True Q: PAXG is regulated and approved by ____ A: New York State Department of Financial Services Q : How can a PAXG holder look up their vaulted physical gold's serial number and physical characteristics? A : Enter their Ethereum wallet address on the PAXG lookup tool. Q: Where are PAXG’s physical gold reserves stored? A: London Bank Vaults Q : Which gold tokens can be redeemed for physical gold? A : PAX Gold (PAXG) Q : PAXG is built as an ____ A : ERC-20 token on the Ethereum blockchain @TechnoGirl0011

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🚨🚨Binance ANKR Quiz Answers Today 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

🚨🚨Binance Polkastarter Quiz Answers 1. What is Polkastarter? Answer - Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad. 2. Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite. Answer - True 3. Polkastarter aims to become multichain. Which chains does the launchpad support? Answer - Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche. 4. What are Polkastarter’s key features? Answer - Fixed Swap Pools, IDO farming and Polkastarter gaming 5. 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 6. 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 allowlisted. 7. How many POLS is it necessary to hold or stake to be eligible for the allowlist? Answer - 250 POLS or more. 8. Besides IDOS, what other types of investment opportunities can the community find at Polkastarter? Answer - Polkastarter Gaming & NFT Sales

🚨🚨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