Binance Quiz Answer

👉Answer Harmony Quiz

1. Why should tokens have a finite supply?
To avoid inflation and incentivize token appreciation

2. What consencys mechanism does harmony use?
Effective proff of stake

3. Which technologies does harmony implemet to achieve scalability without sacrificing security?
Sharding and effective proff of stake

4. What is harmonys yearly network reward to validators?
441 million tokens

5. Which of these DAOs have been funded by Harmony?
All are correct

6. What's makes up the yearly reward at harmony?
Issuance + transaction fees

7. Harmony has created bridges for which chains?
All are correct

8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
$300 Million

9. How many DAOs does Harmony aim to find in the future?
10,000

👉Answer QTUM Quiz

1. You can purchase QTUM on binance by:
All of the above

2. Holding QTUM allows you to vote on proposal. True or false?
False

3. When did the QTUM mainnet launch?
September 2017

4. Block rewards are split betweet:
Ten Super Staker

5. QTUM holders can delegate their UTXOs behind Staker Stakers thrugh
Offline staking

6. Qtum's account abstaction layer ia designed to:
Combine UTXO accounting with smart contract capabilities

7. When delegate QTUM behind a super Staker, a user must:
Provide their wallet address to a super Staker

8. QTUM combines
UTXO accounting
Smart Contract capabilities

👉Answer COTI Quiz

1. Select is the network(s) in which COTI operates:
All are correct

2. How does COTI keep ITS transaction fees low?
All are correct

3. What does COTI MultiDAG enable?
The ussuance of tokens on top of the trustchain protocol

4. The treasure distrubutes reward to COTI holders based on fees collected from:
All of COTI's product, including treasury, COTI pay bussines, Djed, and more

5. Which type of consensus algorithm is used on the COTI network?
PoT (proff of trust)

6. How can i earn rewards from the COTI ecosystem?
Deposit native COTI into the Treasury

7. COTI ia powering Djed, which is___ first algorithmic stablecoin
Cardano's

8. What is COTI?
A layer-1 blockchain Ecosystem designed for payments


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🟢 BUSD Quiz Answer :
- I have noticed that....
Answer : False
- The main benefit of keeping ....
Answer : False
- Why KYC ?
Answer :
Its part ...
KYC improves ...
KYC Check ...
KYC proactively ...
- Quiz : What is Cryptocurrency?
Answer : A Cryptocurrency is a form of digital cash that enable ....

🟢 SHIBA Quiz Answer ;
- Using BNB to Pay...
Answer : True
- What are the essential...
Answer : All correct
- Binance flexible savings not...
Answer : False
- A market order is a type...
Answer : False
- I don't need to complete...
Answer : False
- What is the trading fee...
Answer : 0

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Woo Network Answers 👇

Q1. What share of Woo Network’s revenue contributes to the monthly buyback and burn?
Answer: 50%

Q2. what is Woo Network’s centralized exchange called?
Answer: WOO X

Q3. How much does Kronos research trade each day?.
Answer: $1 Billion+

Q4. What network did WOOFi first launch on?
Answer: BNB Chain

Q5. Who benefits from WOO Network’s services?
Answer: All of the above

Q6. WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?
Answer : False

Q7. Who invested in WOO network’s series A+ fundraising round in 2021?
Answer: Binance Labs

Q8. Which ecosystems are partnered with WOO DAO?
Answer: All of the above

Q9. WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?
Answer : True



Terra (LUNA) 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



ANKR Answers 👇

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



Polkastarter 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

6. 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

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