Binance Learn & Earn🔥🔥Quiz answer
Binance Learn & Earn🔥🔥
All Quiz Answer:-👇
✅BNB
BNB Launched: False
Whice token stendary: all are correct
BNB Issued: ERC20 Token on ETH
Initial Sale Price: 1 ETH For 2700 BNB and 1 BTC For 20000 BNB
Total Supply: 200 Million
BEP-2 is native coin: False
Token standars exist for bnb: All Are Correct
Bnb was launched IGO in 2017: False
What use cases does bnb have: All are correct
Owning bnb provide you with share: Fasle
✅Algo
Total Suppy - 10 Billion
Minimim Stake needed - 0.1 ALGO
How Many Transactions - 6000
How much cost - 0.001 ALGO
Companies Building - All are correct
Silvio Micali - All Are correct
Algorand has governance - True
How Fast Algo Block - 3.7 Seconds
Network Selects - The block proposal with the lowest VRF
hash.
consensus mechanism? - PPos
✅BUSD
1. BUSD is backed 1:1 with:
Answer: Cash reserves
2. Who mints BUSD?
Answer: PAXOS
3. What can BUSD be used for?
Answer: All are correct
4. What is the total supply of BUSD?
Answer: Just over 22 billion
5. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct
6. What is the name of the BUSD-pegged token Binance offers on BNB Chain and other chains?
Answer: Binance-Peg BUSD
7. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar
8. Which chain is BUSD minted on by Paxos?
Answer: Ethereum
9. Which of the following descriptions is incorrect?
Answer: BUSD doesn’t provide a monthly basis attestation report.
10. Who regulates BUSD?
Answer: NYDFS(New York Department of Financial Services)
TRU✅
1. The world’s most transparent and effective financial infrastructure to support the global credit market
2. All are correct
3. Collateralized lending
4. $2 billion
5. TRU
6. All are correct
7. All are correct
8. All are correct
9. Each pool and portfolio has its own lender selection criteria, set by the manager
10. All are correct
11. Optimism
12. Exit liquidity differs depending on the opportunity, based on specifications set by the manager
13. All are correct
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