Binance Learn & Earn Quiz Answers: LDO , QI , WOO

Binance Learn & Earn: Receive Free Crypto by Completing Courses & Quizzes! Binance Learn & Earn Quiz Answers for how to participate in the quiz contest and win rewards for Free Crypto Balance. simple steps to participate and complete the task & win rewards.

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Binance is excited to announce that we will soon launch the next round of “Binance Learn & Earn”, where users can gain knowledge on blockchain and earn up to $7 in crypto by completing courses and quizzes.

Binance Learn & Earn Quiz Answers – LDO , QI , WOO

Binance Lido Quiz Answers (LTP) –

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

Binance BENQI Quiz Answers (QI) –

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

Binance WOO Quiz Answers (LTP) –

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

Activity Period: 2022-09-07 09:00 (UTC) to 2022-09-14 09:00 (UTC)

All KYC-verified users can begin to read the articles and watch the video(s) anytime from now, and complete quizzes from 2022-09-07 09:00 (UTC) while token supplies last! Eligible users will stand a chance to receive a predetermined amount of BTTC, LPT, HIGH, OM, or tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.

Please note:

  • Users will not be able to participate in this activity once all rewards are distributed.
  • BTTC rewards are only available to users who have never subscribed to Locked Staking products before 2022-09-07 09:00 (UTC). BTTC rewards will be automatically staked for 150 days, where users can enjoy 100% APY.
Digital AssetsPrincipal RewardDurationStandard Annualized Interest Rate
BTTC1,500,000 BTTC150 Days100%

Stay tuned for new projects and opportunities to earn more crypto.

Terms and Conditions:

  • Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
  • Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.
  • There will be caps imposed on the amount of rewards available to eligible users per country/region.
  • Eligible users may complete multiple quizzes to claim multiple rewards. Users will not be able to participate in this activity once all rewards are distributed.
  • The actual value of the reward received is subject to change due to market fluctuation.
  • For BTTC course only:
    • BTTC rewards are only available to users who have never subscribed to Locked Staking products before 2022-09-07 09:00 (UTC).
    • Binance Staking will return staked digital assets/digital currencies to users’ spot wallets at the end of the agreed staking period. Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking.
    • For this activity, users may not redeem their staked digital assets/digital currencies in advance.
  • For all remaining courses, excluding that on BTTC:
    • Token voucher rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via Account > Reward Center.
  • Binance reserves the right to terminate the activity at any time without prior notice.
  • Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
  • Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

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