Binance UMA Quiz Answers Solved [Learn and Earn $10]

Join our Telegram Channel for Instant Loot Deals... Live Subscriber

Binance Learn and Earn Quiz Answers Today

Binance UMA Quiz Answers 4 August 2022, JASWAS & BSW Crypto Upto $9 For Everyday. Finally, This Company Has Launched Thir Knowledge-Based Quiz Contest Where From Everyone Gain Free Knowledge About Crypto Currency, Gain Knowledge, and plays Learn and Earn Quiz Contest. Where Just Giving 5-10 Quiz Answers Win Daily Crypto Coin.

There is All Type of Rewards and Crypto Prizes Reef, Tezos, Immutable X, Teera, Qutm, Thorcain, JESMY, and Woo-Network. Polkastarter, Ankr, Rune etc.

Read More Binance Rome NFT Offer: Scan POAP QR Code & Get Free Rs.10000

If You Register After 3/4 August 2022 at 7:00 AM (UTC) and Complete the KYC With the App then You Can Participate in this Quiz Contest, to Know the All Answers You Should Read it’s Official Articles, Watch videos, and All the Question Will Be Based on Articles and Videos. Once You are Complete the Answers You Will Get Rune, BSW, JASMY, or Other tokens.

If You are Facing Any Program to Answers After Reading Binance Articles and Watching Video, Then I Will Help You. After All We Will Provide You with a Complete Answers List in Below Section.

How to Play Binance Learn & Earn Quiz Contest?

All the Users Registered in Binance After 3 August 2022 and Complete Your Kyc After That You Will be Eligible to Participate in This Quiz Contest.

1. First of All the Users Create an Account in Binance Exchange From Here:- Click Here

2. Click on This Link SignUp With Your Google Account

Join our Telegram Channel for Instant Loot Deals... Live Subscriber

3. On the Next Page Verify Your Email and Phone Number With OTP

4. Next Page is Your Kyc Verification Page, Upload ID Card, Driving Licence, or Passport Both Side Photo

5. It Will Take Some Time to Complete Your Kyc, Once Completed You Will Enter its Home Page

6. There On The Top Section You Will See Binance Learn and Earn Quiz Contest

7. All the Full KYC Users Can Play this Contest & Only They Can Access Articles & Video.

8. Play this Contract on 4 August 2022 at 07:00 AM in the Morning

9. Answers Correctly Of All the Questions and Win Token Like Rune, BSW, JASMY, etc. Binance Learn & Earn UMA Quiz

Binance Learn & Earn UMA Quiz Answers

We are Not Claim that 100% of the Answers are Current, If You Think Other Answers Can be Current then You Can go With Your Choices.

Binance Learn & Earn UMA QuizAnswers
What makes the OO optimistic?Proposed data will not require resolution unless it is disputed, and disputes are rare
How many tokens did UMA transfer to its DAO in 2021?35 million tokens
Who are the three actors in the OO system?The contract requesting the data; the participant proposing the data; and the disputer
Why is there a reward associated with voting correctly?So there is an incentive to be correct
Why does the OO include a human component?Humans can provide any kind of knowable truth to a blockchain
What are the phases in the UMA voting process?Voting period; voting revealing period; reward collection period
What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?Outcome.Finance
How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?48 hours
What is UMA’s native token?UMA coin
What is the cross chain bridge empowered by UMA and its OO?Across

Binance Learn & Earn BTTC Quiz answers

Binance Learn & Earn PAXG QuizAnswers
“Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.Proof of Stake blockchain
With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?False
What can you NOT do on Binance Earn?Conduct leveraged trading to amply the returns
Which of the following is a form of passive income?Alice stakes her crypto holdings
What can you do with Binance Earn?Answer: Select different products to grow your crypto holdings
What is NOT staking?Generate returns by trading your coins
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?true
When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your wallet
Binance Locked Staking’s locking period for different products is the same. True or false?False

Binance Learn & Earn PAXG Quiz answers

Binance Learn & Earn PAXG QuizAnswers
The value of a PAXG token is equal to:1 troy oz. of physical gold
How do I know PAXG is fully backed by physical gold?An independent auditing firm performs monthly checks on Paxos’ gold reserves.
PAXG storage fees are0.00%
When you own PAXG, you own physical gold. True or false?True
Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?True
PAXG is regulated and approved by _New York State Department of Financial Services
How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?Enter their Ethereum wallet address on the PAXG lookup tool.
Where are PAXG’s physical gold reserves stored?London Bank Vaults
Which gold tokens can be redeemed for physical gold?PAX Gold (PAXG)
PAXG is built as an _ERC-20 token on the Ethereum blockchain

Binance Learn & Earn REFF Quiz answers

Binance Learn & Earn REFF QuizAnswers
What consensus mechanism does the Reef ecosystem use?Nominated Proof of Stake
What does Reef stand for?Reliable, Extensible, Efficient, Fast
How much does the average transaction cost on Reef?$0.17
What does REEF-20 mean? The native utility token that powers the Reef blockchain
How many types of REEF tokens exist on the market?3
What is Reef Finance?A layer 1 blockchain for DeFi, NFTs, and gaming
What is Reef’s current max token supply?There is no max supply
What are the types of REEF tokens?All of the options
How many transactions per second (TPS) is Reef able to process?Over 460 TPS

Binance Learn & Earn “T”(Threshold Network) Quiz Answers

Binance Learn & Earn T (Threshold Network) QuizAnswers
Proxy Re-encryption allows the sharing of encrypted data without decryption of data or the sharing of private keys. True or False?true
tBTCv2 is a bridge between Bitcoin and ____?Ethereum
tBTCv2 is the only bridge bringing your Bitcoin to Ethereum that preserves open access and doesn’t require you to trust a third party. True or False?true
What is NOT a feature of threshold cryptography?Reliance on central authority (X)
Proxy re-encryption is designed to ____?Protect user data and enforce access controls
Which are features of the Threshold Network?All are correct.
Threshold was created from the first-ever decentralized merger of the NuCypher and ___ Networks?keep
Threshold cryptography empowers users to no longer to have to make a trade-off between usability and ____.Privacy

Binance Learn & Earn BUSD Quiz answers

BUSD QuizAnswers
I have noticed that….False
The main benefit of keeping ….False
Why KYC ?– Its part …
– KYC improves …
– KYC Check …
– KYC proactively …
What is Cryptocurrency?A Cryptocurrency is a form of digital cash that enable ….

Binance Learn & earn XTZ Quiz answers

Binance XTZ QuizAnswers
What is Tezos’ native coin?tez (xtz)
How does Tezos increase security in the network?By being deeply decentralized
What are some of the types of decentralized applications built on the Tezos blockchain?All of the above
What are some use cases of Tezos’ native coin?Voting rights dan Becoming a validator (pilih 2 2 nya)
Who can participate in securing the network?– Users who delegate their Tez (XTZ) tokens to bakers
– Validators called bakers (pilih 2 2 nya)
What is the consensus mechanism model used by Tezos called?Liquid Proof of Stake
What Is Tezos (XTZ)?Tezos’ unique self-amending protocol prevents hard forks, dan Tezos’ code is open-source code

Binance Learn & earn IMX Quiz answers

Binance IMX QuizAnswers
Which blockchain is the Immutable X ecosystem built for?Ethereum
Users can trade NFTs on any of the marketplaces built on Immutable X.TRUE
What can token holders do with the IMX token?Pay for fees on Immutable X, Vote for governance proposals, and Stake to earn IMX rewards (pilih 3 3 nya)
Who can build on IMX?All are correct
What can users do with the Immutable X APIs and SDKs?All are correct
Which scaling technology does Immutable X use?ZK-Rollups
Which statement best describes Immutable X?A layer 2 scaling solution for NFTs on Ethereum.
Which Immutable X feature can enhance the liquidity of NFT assets?The Immutable X global order book
What is Immutable X trying to achieve?All are correct
Which ZK proof does Immutable X use?STARK proof

Binance Learn & earn MULTI Quiz answers

Binance MULTI QuizAnswers
What are the use cases of MULTI?Governance and staking
How many tokens are currently supported by Multichain?1000+
What is the total supply of Multichain’s native token?100 M
What are the solutions that Multichain offers for seamless transfer of assets?Cross-Chain Bridges, Routers, and anyCall
What is the native coin of Multichain?MULTI
How is consensus reached in Multichain?Independent nodes that own part of a private key collectively sign transactions.
Interoperability is the concept of independent blockchains being able to interact with each other.true
What benefits do users sending assets from one network to another enjoy?All are correct.
What’s the difference between Multichain’s bridges and routers?Bridges enable interoperability between two chains while routers enable interoperability between any chain.

Binance Learn & Earn SHIB Quiz Answers

Binance Learn & Earn SHIB QuizAnswers
Using BND Trading Fees grant users a discountTrue
Binance Flexible Savings can not be subscribed to and redeemedFalse
What is the trading fee when I use Binance Crypto to Buy0
What are the essential steps to get startedSelect All
A Market Order is type of order to buy or sell a security at a specified price is betterFalse
I don’t need to complete KYC to buy CryptoFalse

Binance Learn & Earn Terra (LUNA) Quiz Answers

Binance Terra (LUNA) QuizAnswers
Q1. What US dollar amount of LUNA can you convert one TerraUSD into?$1
Q2. Terra stablecoins are overcollateralized. True or false?False
Q3. Which of the following fiat currencies have stablecoin versions on Terra?All of the above
Q4. Where can you stake LUNA to take part in Terra governance?Terra Station
Q5. For its consensus mechanism, Terra uses:Delegated Proof of Stake
Q6. Terra is based in Mongolia. True or false?False
Q7. Anchor Protocol allows users to borrow crypto through:Over-collateralization
Q8. You can earn ANC on Anchor Protocol by:Staking certain LP Tokens, Staking ANC, Borrowing stablecoins
Q9. Terra was created using:Cosmos SDK

Binance Learn & Earn WOO Quiz Answers

Binance WOO Network QuizAnswers
Q1) What share of Woo Network’s revenue contributes to the monthly buyback and burn?50%
Q2) what is Woo Network’s centralized exchange called?W00 X
Q3) How much does Kronos research trade each day?.$1 Billion+
Q4) What network did WOOFi first launch on?BNB Chain
Q5) Who benefits from WOO Network’s services?All of the above
Q6) WoO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?False
Q7) Who invested in WOO network’s series A+ fundraising round in 2021?Binance Labs
Q8) Which ecosystems are partnered with WOO DAO?All of the above
Q9) WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?True

Binance Learn & Earn QTUM Quiz Answers

Binance Learn & Earn QTUM QuizAnswers
You can purchase QTUM on binance by:All of the Above
Holding QTUM allows you to vote on proposal. True or false?False
When did the QTUM mainnet launch?September 2017
Block rewards are split betweet:Ten Super Staker
QTUM holders can delegate their UTXOs behind Staker Stakers thrughOffline Staking
Qtum’s account abstaction layer is designed to:Combine UTXO accounting with smart contract Capabilities
When delegate QTUM behind a super Staker, a user must:Provide their wallet address to a super staker
8. QTUM CombinesUTXO Accounting
Smart Contract Capabilities

Binance Learn & Earn COTI Quiz Answers

Binance Learn & Earn COTI QuizAnswers
Select is the network(s) in which COTI operates:All are correct
How does COTI keep ITS transaction fees low?All are correct
What does COTI MultiDAG enable?The ussuance of tokens on top of the trustchain protocol
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
Which type of consensus algorithm is used on the COTI network?PoT (proff of trust)
How can i earn rewards from the COTI ecosystem?Deposit native COTI into the Treasury
COTI is powering Djed, which is___ first algorithmic stablecoinCardano’s
What is COTI?A layer-1 blockchain Ecosystem designed for payments

Binance Learn & Earn HARMONY Quiz Answers

Binance Learn & Earn HARMONY QuizAnswers
Why should tokens have a finite supply?To avoid inflation and incentivize token appreciation
What consencys mechanism does harmony use?Effective proof of stake
Which technologies does harmony implemet to achieve scalability without sacrificing security?Sharding and effective proff of stake
What is harmonys yearly network reward to validators?441 million tokens
Which of these DAOs have been funded by Harmony?All are correct
What’s makes up the yearly reward at harmony?Issuance + transaction fees
Harmony has created bridges for which chains?All are correct
How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?$300 Million
How many DAOs does Harmony aim to find in the future?10,000

Binance Learn & Earn Polkastarter Quiz Answers

Binance Learn & Earn Polkastarter QuizAnswers
What is Polkastarter?Polkastarter is a decentralized crowdfunding platform and leading IDO launchpad.
Polkastarter was founded in 2020, by Daniel Stockhaus, Tiago Martins, and Miguel Leite.True
Polkastarter aims to become multichain. Which chains does the launchpad support?Polkastarter currently supports Ethereum, BNB Chain, Polygon, Celo, and Avalanche.
What are Polkastarter’s key features?Fixed Swap Pools, IDO farming and Polkastarter gaming
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?True
What are the requirements to participate in an IDO on Polkastarter?Users must hold or stake 250 POLS or more, pass KYC, and be allowlisted.
How many POLS is it necessary to hold or stake to be eligible for the allowlist?250 POLS or more.
Besides IDOS, what other types of investment opportunities can the community find at Polkastarter?Polkastarter Gaming & NFT Sales

Terms & Conditions

All the Binance Users Who Complete Full KYC in Binance On 2 June 2022 at 07:00 AM (UTC) Only Can Participate in this Contest.

Once an Account is Allow Per Person, Multiple Account in The Same Number and Same Person is Not Be Eligible To Play the Contest.

There is Limited Stock of Rewards, and Prizes that Will Distribution Till it’s Stock Out. Users Can Only Claim Rewards After Complete the Quiz Contest.

Here You Can Win Upto $9 Crypto Token From the Binance Quiz Contest. But Prize Money and Value Can Flacuate Due to Market fluctuation.

Participate and the Winner Get the Rewards Within 48 Hours Of the Contest. Users Can Checkout Their Prize Money from their Binance Account and Checkout by Rewards Section.

Join our Telegram Channel for Instant Loot Deals... Live Subscriber

Leave a Comment