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Binance Learn & Earn Quiz Answer 👇🏼
3 PM

🔴 BUSD
1. What is the name of the BUSD-pegged token Binance offers on BNB chain and other chains?
Answer: Binance-peg BUSD

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

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

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

5. Who mints BUSD?
Answer: Paxos

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

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

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

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

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

🔵 BNB
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 Quiz Answer :

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

HFT Quiz Answer :

Q: Which exchange was the first to list the Hashflow token (HFT)?
A: Binance

Q: How much does Hashflow charge in fees?
A: 0%

Q: What makes Hashflow different from other DEXs?
A: Hashflow uses the RFQ model for market making.

Q:  What is HFT’s utility?
A: Governance and in-DAO Health & Rewards.

Q: What is unique about trading on Hashflow?
A: All are correct

Q: How does one start trading on Hashflow?
A: Connect your wallet.

Q: What is The Hashverse?
A: Hashflow’s story-driven and gamified governance DAO.

Q: What is Hashflow’s total volume?
A: $11 billion


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