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

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BENQI Quiz Answers

Q1) Which of the following is part of BENQI’s suite of protocols?

Answer: All are correct

Q2) Which blockchain is BENQI deployed on?

Answer: Avalanche

Q3) What is the purpose of the QI token?

Answer: All are correct

Q4) Which asset does BENQI Liquid Staking support?

Answer: AVAX

Q5) Which of the following assets are listed on BENQI Liquidity Market?

Answer: All are correct

Q6)  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: True

Q7) Which yield-bearing asset do users receive from BENQI Liquid Staking?

Answer: sAVAX

Q8) Are there any minimum requirements for staking on BENQI Liquid Staking?

Answer: No

Q9) What is the purpose of veQI?

Answer: Voting power for validators to receive additional staking delegations

Q10) Which of the following protocols is BENQI’s liquid staking asset integrated with?

Answer: All are correct

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WOO Quiz Answers

Q1) What share of WOO Network’s revenue contributes to the monthly buyback and burn?

Answer: 50%

Q2) What is WOO Network’s centralized exchange called?

Answer: WOO X

Q3) How much does Kronos Research trade each day?

Answer: $1 billion +

Q4) What network did WOOFi first launch on?

Answer: BNB Chain

Q5) Who benefits from WOO Network’s services?

Answer: All are correct

Q6) WOO Network was selected as a judge in BNB Chain’s Most Valuable Builder Program. True or false?

Answer: False

Q7) Who invested in WOO Network’s Series A+ fundraising round in 2021?

Answer: Binance Labs

Q8) Which ecosystem(s) are partnered with WOO DAO?

Answer: All are correct

Q9) WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?

Answer: True

Q10) Who benefits from WOO Network’s liquidity?

Answer: All are correct

Q11) WOOFi is an all-in-one dApp.

Answer: True

Q12) What is WOOFi’s swap fee?

Answer: 0.025%

Q13) How quickly can WOOFi cross-chain swaps complete?

Answer: 30 seconds

Q14) Which of these are features of WOOFi Supercharger vaults?

Answer: All are correct

Q15) How many chains is WOOFi integrated with?

Answer: 4

Q16) WOOFi DEX has a customizable UI and visible orderbook.

Answer: True

Q17) Which network is WOOFi DEX built upon?

Answer: NEAR