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Binance Learn and Earn Quiz Answers 19 October 2022 | BENQI , Lido , WOO Network Quiz Answers | Binance Free Loot

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Binance Learn and Earn Quiz Answers 19 October 2022

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🔥🎁 Binance Learn And Earn LDO, WOO & QI Quiz Ans.🎁🎁



🔴 BENQI ( QI ) Quiz Answers

Question 1: Which of the following is part of BENQI's suite of protocols?

👉Answer: All are correct

Q.2: Which blockchain is BENQI deployed on?

👉Answer: Avalanche

Q.3: What is the purpose of the Ql token?

👉Answer: All are correct

Q.4: Which asset does BENQI Liquid Staking support?

👉Answer: AVAX

Q.5: Which of the following assets are listed on BENQI Liquidity Market?

👉Answer: All are correct

Q.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 Deri.

👉Answer: True

Q.7: Which yield-bearing asset do users receive from BENQI Liquid Staking?

👉Answer : SAVAX

Q.8: Are there any minimum requirements for staking on BENQI Liquid Staking?

👉Answer : No

Q.9: What is the purpose of veQI?

👉Answer: Voting power for validators to receive additional staking delegations.

Q.10: Which of the following protocols is BENQI's liquid staking asset integrated with?

👉Answer : All are correct

🔴 Lido Quiz Answers

Q.1: What problem is Lido trying to solve in POS staking?

👉Answer: All are correct

Q.2: What do users receive after staking their tokens on Lido?

👉Answer: Assets that represent their staked tokens on a 1:1 basis, e.g., stake ETH and get stETH tokens

Q.3: Where do users deposit their POS token on Lido?

👉Answer: The Lido staking pool smart contract

Q.4: What can holders do with LDO?

👉Answer: Vote on decisions in the Lido DAO

Q.5: Why does Lido operate as a DAO?

👉Answer: All are correct

Q.6: What can users do with their stETH tokens?

👉Answer: All are correct

Q.7: What is the name of the utility token on Lido?

👉Answer: LDO

Q.8: In addition to Ethereum, which POS blockchain does Lido support?

👉Answer : Polkadot

🔴 WOO Network Quiz Answers

Q.1: What share of WOO Network's revenue contributes to the monthly buyback and burn?

👉Answer: 50%

Q.2: What is WOO Network's centralized exchange called?

👉Answer: WOO X

Q.3: How much does Kronos Research trade each day?😰

👉Answer: $1 billion+

Q.4: What network did WOOFI first launch on?

👉Answer: BNB Chain

Q.5: Who benefits from WOO Network's services?

👉Answer: All are correct

Q.6: WOO Network was selected as a judge in BNB Chain's Most Valuable Builder Program. True or false?

👉Answer: False

Q.7: Who invested in WOO Network's Series A+ fundraising round in 2021?

👉Answer: Binance Labs

Q.8: Which ecosystem(s) are partnered with WOO DAO?

👉Answer: All are correct

Q.9: WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?

👉Answer: True

Q.10: Who benefits from WOO Network's liquidity?

👉Answer: All are correct

Q.11: WOOFI is an all-in-one dApp.

👉Answer : True

Q.12: What is WOOFI's swap fee?

👉Answer: 0.025%

Q.13: How quickly can WOOFI cross-chain swaps complete?

👉Answer: 30 seconds

Q.14: Which of these are features of WOOFI Supercharger vaults?

👉Answer: All are correct

Q.15: How many chains is WOOFI integrated with?

👉Answer: 4

Q.16: WOOFI DEX has a customizable UI and visible orderbook.

👉Answer : True

Q.17. Which network is WOOFI DEX built upon?

👉Answer: NEAR

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Binance Learn and Earn Quiz Answers
Binance Learn and Earn Quiz Answers
Binance Learn and Earn Quiz Answers
Binance Learn and Earn Quiz Answers 19 October
Binance Learn and Earn Quiz Answers 19 October
Binance Learn and Earn Quiz Answers 19 October
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How to get Free Crypto With Binance
How to get free Crypto With Binance
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Binance Free Crypto Loot
Binance Free Crypto Loot
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How to earn money online for free
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