------------- UMA Token ----------

1. What makes the OO optimistic?
👉 Proposed data will not require resolution unless it is disputed, and disputes are rare

2. How many tokens did UMA transfer to its DAO in 2021?
👉 35 million tokens

3. Who are the three actors in the OO system?
👉 The contract requesting the data; the participant proposing the data; and the disputer

4. Why is there a reward associated with voting correctly?
👉 So there is an incentive to be correct

5. Why does the OO include a human component?
👉 Humans can provide any kind of knowable truth to a blockchain

6. What are the phases in the UMA voting process?
👉 Voting period; voting revealing period; reward collection period

7. What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?
👉 Outcome.Finance

8. How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?
👉 48 hours

9. What is UMA’s native token?
👉 UMA coin

10. What is the cross chain bridge empowered by UMA and its OO?
👉 Across

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-------------- BAND Token --------------

1. All of these concepts are related to Band Token EXCEPT for…
👉 Cash incentives

2. Which sentence is INCORRECT?
👉 Band Protocol leverages on-chain centralized oracles that link on-chain applications together.

3. Which characteristics differentiate Band Protocol from other oracle services?
👉 Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain

4.Which ecosystem(s) has/have partnered with Band Protocol?
👉 All are correct

5. Which of the following IS NOT a use case of the BAND token?
👉 To secure a discount when requesting data

6. Which sentence is CORRECT?
👉 BandChain's Delegated Proof of Stake design and BAND token create a decentralized network.

7. What network is BandChain on?
👉 cosmos

8. Which characteristic DOES NOT correctly describe BAND Protocol?
👉 On-chain DeFi protocol

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