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Binance Learn and Earn

✅BNB answers

1. BEP-2 BNB is the native coin of Ethereum. True or false?

Answer: False

2. What use cases does BNB have?

Answer: All are correct

3. Which token standards exist for BNB?

Answer: All are correct

4. Owning BNB provides you with a share of Binance’s profits.

Answer: False

5. Which token standards exist for BNB?

Answer: All are correct

6. BNB was originally issued as a:

Answer: ERC-20 token on Ethereum

7. What was BNB’s initial sale price during its distribution?

Answer: 1 ETH for 2700 BNB and 1 BTC for 20,000 BNB

8. BNB launched through an initial game offering (IGO) in 2017?

Answer: False

9. Total supply of BNB?

Answer: 200 million BNB

✅HOOK answers

Q: What is Hooked Protocol?
🔺A: Web3 Gamified Social Learning Platform

Q: What is the first pilot app of Hooked Protocol？
🔺A: Wild Cash

Q: What is the latest number of monthly active users of Wild Cash?
🔺A: Over 3 Million

Q: What network did Hooked Protocol first launch on?
🔺A: BNB Chain

Q: How many Hook will be in the circulating supply upon listing?
🔺A: 10% of total supply

Q: How does the Hooked token structure work?
🔺A: There is an only utility token uHGT

Q: Which one of the following is the HOOK token function?
🔺A: All are correct

Q: Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?
🔺A: True

Q: Who are the target users that Hooked Protocol will provide services to fulfill the mission?
🔺A: All are correct

Q: What are the highlights of Hooked Protocol achieved so far?
🔺A: All are correct

1. BUSD is backed 1:1 with:
Answer: Cash reserves

2. Who mints BUSD?
Answer: PAXOS

3. What can BUSD be used for?
Answer: All are correct

4. What is the total supply of BUSD?
Answer: Just over 22 billion

5. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct

6. What is the name of the BUSD-pegged token Binance offers on BNB Chain and other chains?
Answer: Binance-Peg BUSD

7. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar

8. Which chain is BUSD minted on by Paxos?
Answer: Ethereum

9. Which of the following descriptions is incorrect？
Answer: BUSD doesn’t provide a monthly basis attestation report.

10. Who regulates BUSD?
Answer: NYDFS(New York Department of Financial Services)

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