Binance Learn And Earn LDO, WOO & QI Quiz Answer
Event Date:- 19 October 2022
Event Time:- 02:30pm (IST)
All User’s FCFS Event.
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Binance Learn And Earn LDO, WOO & QI Quiz Ans.
Binance BENQI ( QI ) Quiz Answers
Question 1: Which of the following is part of BENQI’s suite of protocols?
Answer is:- All are correct
Question 2: Which blockchain is BENQI deployed on?
Answer is:- Avalanche
Question 3: What is the purpose of the Ql token?
Answer is:- All are correct
Question 4: Which asset does BENQI Liquid Staking support?
Answer is:- AVAX
Question 5: Which of the following assets are listed on BENQI Liquidity Market?
Answer is:- All are correct
Question 6: Users can seamlessly stake on BENQI Liquid Staking to both secure the network it’s on while having the freedom to use that capital within DeFi.
Answer is:- True
Question 7: Which yield-bearing asset do users receive from BENQI Liquid Staking?
Answer is:- SAVAX
Question 8: Are there any minimum requirements for staking on BENQI Liquid Staking?
Answer is:- No
Question 9: What is the purpose of veQI?
Answer is:- Voting power for validators to receive additional staking delegations
Question 10: Which of the following protocols is BENQI’s liquid staking asset integrated with?
Answer is:- All are correct
Binance Lido Quiz Answers
Question 1: What problem is Lido trying to solve in POS staking?
Answer is:- All are correct
Question 2: What do users receive after staking their tokens on Lido?
Answer is:- Assets that represent their staked tokens on a 1:1 basis, e.g., stake ETH and get stETH tokens
Question 3: Where do users deposit their POS token on Lido?
Answer is:- The Lido staking pool smart contract
Question 4: What can holders do with LDO?
Answer is:- Vote on decisions in the Lido DAO
Question 5: Why does Lido operate as a DAO?
Answer is:- All are correct
Question 6: What can users do with their stETH tokens?
Answer is:- All are correct
Question 7: What is the name of the utility token on Lido?
Answer is:- LDO
Question 8: In addition to Ethereum, which POS blockchain does Lido support?
Answer is:- Polkadot
Binance WOO Network Quiz Answers
Question 1: What share of WOO Network’s revenue contributes to the monthly buyback and burn?
Answer is:- 50%
Question 2: What is WOO Network’s centralized exchange called?
Answer is:- WOO X
Question 3: How much does Kronos Research trade each day?
Answer is:- $1 billion+
Question 4: What network did WOOFI first launch on?
Answer is:- BNB Chain
Question 5: Who benefits from WOO Network’s services?
Answer is:- All are correct
Question 6: WOO Network was selected as a judge in BNB Chain’s Most Valuable Builder Program. True or false?
Answer is:- False
Question 7: Who invested in WOO Network’s Series A+ fundraising round in 2021?
Answer is:- Binance Labs
Question 8: Which ecosystem(s) are partnered with WOO DAO?
Answer is:- All are correct
Question 9: WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?
Answer is:- True
Question 10: Who benefits from WOO Network’s liquidity?
Answer is:- All are correct
Question 11: WOOFI is an all-in-one dApp.
Answer is:- True
Question 12: What is WOOFI’s swap fee?
Answer is:- 0.025%
Question 13: How quickly can WOOFI cross-chain swaps complete?
Answer is:-30 seconds
Question 14: Which of these are features of WOOFI Supercharger vaults?
Answer is:- All are correct
Question 15: How many chains is WOOFI integrated with?
Answer is:- 4
Question 16: WOOFI DEX has a customizable UI and visible orderbook.
Answer is:- True
Question 17. Which network is WOOFI DEX built upon?
Answer is:- NEAR
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