Earning Tips 29
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Forwarded from Earning Tips 29 (Anwar Hossain)
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Earning Tips 29
Learn & Earn: Receive Free Crypto by Completing Courses & Quizzes! (2022-11-09) https://www.binance.com/en/support/announcement/032d7426ce354f92bfd33725a7d8c6a6
Binance Learn & Earn Quiz Answers: Skale (SKL)
Give the following answers to the Skale (SKL) Learn & Earn Quiz

Answer 1. Zero
Answer 2. Modular Layer1/Layer2 Hybrid
Answer 3. All are correct
Answer 4. All are correct
Answer 5. True
Answer 6. Incentivizing SKALE chain creation through surge pricing
Answer 7. True
Answer 8. An unlimited amount

Binance Learn & Earn Quiz Answers: TrueFi (TRU)
Give the following answers to the TrueFi (TRU) Learn & Earn Quiz

Answer 1. The world’s most transparent and effective financial infrastructure to support the global credit market
Answer 2. All are correct
Answer 3. Collateralized lending
Answer 4. $2 billion
Answer 5. TRU
Answer 6. All are correct
Answer 7. All are correct
Answer 8. All are correct
Answer 9. Each pool and portfolio has its own lender selection criteria, set by the manager
Answer 10. All are correct
Answer 11. Optimism
Answer 12. Exit liquidity differs depending on the opportunity, based on specifications set by the manager
Answer 13. All are correct

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Earning Tips 29
Binance Learn & Earn Quiz Answers: Skale (SKL) Give the following answers to the Skale (SKL) Learn & Earn Quiz Answer 1. Zero Answer 2. Modular Layer1/Layer2 Hybrid Answer 3. All are correct Answer 4. All are correct Answer 5. True Answer 6. Incentivizing…
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😳All Quiz Answer👇

SKL

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

TRU

🔺Answer 1. The world’s most transparent and effective financial infrastructure to support the global credit market
🔺Answer 2. All are correct
🔺Answer 3. Collateralized lending
🔺Answer 4. $2 billion
🔺Answer 5. TRU
🔺Answer 6. All are correct
🔺Answer 7. All are correct
🔺Answer 8. All are correct
🔺Answer 9. Each pool and portfolio has its own lender selection criteria, set by the manager
🔺Answer 10. All are correct
🔺Answer 11. Optimism
🔺Answer 12. Exit liquidity differs depending on the opportunity, based on specifications set by the manager
🔺Answer 13. All are correct

➡️ LIDO :

Question 1: What problem is Lido trying to solve in PoS staking?

Answer : All are correct

Question 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

Question 3: Where do users deposit their POS token on Lido?

Answer : The Lido staking pool smart contract

Question 4: What can holders do with LDO?

Answer : Vote on decisions in the Lido DAO

Question 5: Why does Lido operate as a DAO?

Answer : All are correct

Question 6: What can users do with their stETH tokens?

Answer : All are correct

Question 7: What is the name of the utility token on Lido?

Answer : LDO

Question 8: In addition to Ethereum, which POS blockchain does Lido support?

Answer : Polkadot
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