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Binance Lido Quiz Answers
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
