How to Participate in Binance Learn and Earn STPT SKL PAXG Quiz
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- Click on that and chapter of learn & earn STPT quiz will live from 12.30 PM IST
Question 1: What chains is STP bridging with its cross-chain technology?
Answer is : Ethereum to Polygon
Question 2: Which participation metrics are trackable on Clique?
Answer is : All are correct
Question 3: Which technology enables cross-chain governance on STP?
Answer is : Data Bridge
Question 4: What problem does Clique solve?
Answer is : Fragmentation of DAO tools in the space
Question 5: What is the main use case of STPT?
Answer is : Governance
Question 6: What are the two main functions of Clique?
Answer is : DAO creation and DAO management
Question 7: What type of DAOs does STP have a pre-made template for?
Answer is : Investment DAO, Membership DAO, and Project DAO
Question 8: What is the native coin of STP?
Answer is : STPT
Question 9: What is Clique
Answer is : The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc.
Question 10: For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined?
Answer is : The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology
Binance Learn & Earn PAXG Quiz All Answers
Question 1 : The value of a PAXG token is equal to:
Answer is : 1 troy oz. of physical gold
Question 2 : How do I know PAXG is fully backed by physical gold?
Answer is : An independent auditing firm performs monthly checks on Paxos’ gold reserves.
Question 3 : PAXG storage fees are
Answer is : 0.00%
Question 4 : When you own PAXG, you own physical gold. True or false?
Answer is : True
Question 5 : Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?
Answer is : True
Question 6 : PAXG is regulated and approved by _
Answer is : New York State Department of Financial Services
Question 7 : How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?
Answer is : Enter their Ethereum wallet address on the PAXG lookup tool.
Question 8 : Where are PAXG’s physical gold reserves stored?
Answer is: London Bank Vaults
Question 9 : Which gold tokens can be redeemed for physical gold?
Answer is : PAX Gold (PAXG)
Question 10 : PAXG is built as an _
Answer is : ERC-20 token on the Ethereum blockchain
Binance Learn & Earn SKL Quiz All Answers
Question 1: How much are gas fees on the SKALE Network?
Answer is : Zero
Question 2: What type of blockchain is the SKALE Network?
Answer is : Modular Layer1/Layer2 Hybrid
Question 3: What types of decentralized applications run on SKALE?
Answer is : All are correct
Question 4: How does SKALE improve User Experience?
Answer is : All are correct
Question 5: The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False?
Answer is : True
Question 6: How does SKALE increase the supply of SKALE Chains?
Answer is : Incentivizing SKALE chain creation through surge pricing.
Question 7: SKALE is Ethereum compatible. True or false?
Answer is : True
Question 8: How many Elastic Sidechains can be created in the SKALE ecosystem?
Answer is : An unlimited amount
Earn Passive Income On Binance Quiz All Answers
Question 9: “Locked staking” refers to the process of locking your digital assets on a _ for a certain period of time.
A: Proof of Stake blockchain
Question 10: With Binance Locked Staking, redemption doesn’t require a certain unlocking period. True or false?
A: false
Question 11: What can you NOT do on Binance Earn?
A: Conduct leveraged trading to amply the returns
Question 12: Which of the following is a form of passive income?
A: Alice stakes her crypto holdings
Question 13 : What can you do with Binance Earn?
A: Select different products to grow your crypto holdings
Question 14: What is NOT staking?
A: Generate returns by trading your coins
Question 15: Once you subscribe to the Locked Staking, interests will be calculated from the following day, and are distributed to your Spot Wallet every day. True or false?
A: True
Question 16: When the Locked Staking process is complete, the staked assets will be redeemed automatically and returned to your _.
A: Spot wallet
Question 17: Binance Locked Staking’s locking period for different products is the same. True or false?
A: False
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