Binance learn and earn quiz answers LDO IQ WOO 19 Octorber 2022
Binance Learn And Earn Quiz Answers Participate in the Binance learn and earn quiz campaign. Earn assured crypto Orphanage rewards of up to $10 for free on 19 Octobe 2022 UTC Time 9:00 (UTC) . LDO ANSWER Q1) What problem is Lido trying to solve in PoS staking? Answer: All are correct Q2) 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 Q3) Where do users deposit their PoS token on Lido? Answer: The Lido staking pool smart contract Q4) What can holders do with LDO? Answer: Vote on decisions in the Lido DAO Q5) Why does Lido operate as a DAO? Answer: All are correct Q6) What can users do with their stETH tokens? Answer: All are correct Q7) What is the name of the utility token on Lido? Answer: LDO Q8) In addition to Ethereum, which PoS blockchain does Lido support? Answer: Polkadot -------------------------------------------------------------------------------------------