Learn & Earn Binance Quiz Answers

quiz binance

Learn & Earn is a quiz activity in Binance where you can learn about crypto, take a quiz and earn rewards by giving correct answers.

And in case you didn’t know, Binance is the biggest crypto exchange in the world. It’s a global crypto exchange company with 235 million registered users in over 180 countries world-wide.

Other Exchange airdrop events:

You usually watch a 2-3-minute-long introduction to a promoted crypto and take a quiz about what you’ve learned. Though there can be a 4-5 minute read article as well. After doing small research, you get to take a quiz.

Having problems with figuring out the correct answers or simply want to save some time? I got you, the correct answers for ongoing Binance learn & earn quiz events can be found below.

BounceBit BB Quiz & Answers

bouncebit bb quiz

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What Is BounceBit (BB)? Quiz quick answers: 1B 2C 3B 4A 5C 6D

Question 01/06: What is one of BounceBit’s main objectives?

Answer: B. To democratize access to high-yield financial opportunities

Question 02/06: What can you do with BounceBit’s BTC Restaking Chain?

Answer: C. All of the above

Question 03/06: What is the symbol BounceBit’s native token?

Answer: B. BB

Question 04/06: How can BounceBit’s Liquid Custody Tokens (LCTs) benefit users?

Answer: A. By earning interest and accessing DeFi tools

Question 05/06: Which two financial systems does BounceBit combine?

Answer: C. CeFi and DeFi

Question 06/06: What is BounceBit?

Answer: D. A CeDeFi (Centralized-Decentralized Finance) yield platform

What is USDC Quiz & Answers

usdc quiz

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Binance USDC quiz quick answers: 1B 2C 3B 4B 5B 6C 7B 8B

Question: 1. Which entity issues USDC?
Answer: B. Circle.

Question: 2. What backs every USDC?
Answer: C. Highly liquid cash and cash-equivalent assets.

Question: 3-4. What feature makes USDC distinct from other cryptocurrencies?
Answer: B. Its value is backed by US dollars.

Question: 5-8. What is USDC?
Answer: B. A digital dollar that is pegged 1:1 to the US Dollar.

Question: 6. What backs every USDC?
Answer: C. High liquid cash and cash-equivalent assets.

Question: 7. What ensures the transparency and security of USDC reserves?
Answer: B. Monthly attestation reports published by Circle.

Gravity (G) Quiz & Answers

gravity g quiz

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What Is Gravity (G)? Quick answers: 1C 2D 3C 4D 5C 6D 7D 8A 9A 10D

Question: 01/10 What function does the G Token serve in Gravity’s ecosystem?
Answer: C. Governance, staking, and paying for transactions.

Question: 02/10 Gravity’s SDK is refined from which chain?
Answer: D. The Aptos chain’s Proof-of-Stake framework.

Question: 03/10 Which mechanism is Gravity’s security model powered by?
Answer: C. Restaking-based Proof of Stake (PoS).

Question: 04/10 What is the main advantage of Gravity’s omnichain capabilities?
Answer: D. Enables interoperability between different blockchains without performance degradation.

Question: 05/10 What is the vision of Gravity’s future in Web3?
Answer: C. To enable seamless, unified, omnichain blockchain interactions.

Question: 06/10 What does Gravity’s pipelined architecture improve?
Answer: D. Blockchain resource utilization and transaction execution speed.

Question: 07/10 Which of these protocols does Gravity integrate for enhanced security?
Answer: D. Eigenlayer and Babylon restaking protocols.

Question: 08/10 Which design architecture does Gravity use to process transactions efficiently?
Answer: A Parallel transaction processing architecture.

Question: 09/10 What makes sub-second finality important in Gravity?
Answer: A. It reduces transaction delays, creating a smoother user experience.

Question: 10/10 What is the key feature of Gravity’s throughput?
Answer: D. 1 gigagas per second processing capability.

AVA Foundation (AVA) Quiz & Answers

ava quiz

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What is AVA? Quick answers: 1D 2A 3C 4D 5A 6A 7C 8A

Question: How much extra can you save on travel bookings by paying in full with AVA on Travala.com?
Answer: Up to 3%

Question: In addition to AVA, which of these other giveback reward options can also be selected by some Smart members?
Answer: BTC

Question: Which of these ecosystem functions allocates funds only if a proposal is passed?
Answer: Community Pool

Question: What NFT unlocks the Smart Diamond membership?
Answer: Travel Tiger NFT

Question: What is the name of the upcoming smart contract-based AVA Smart Program?
Answer: Open Loyalty Protocol

Question: What are booking rewards called within the AVA Smart Program?
Answer: Givebacks

Question: How much in TOTAL can you save per travel booking with the AVA Smart Program?
Answer: Up to 13%

Question: How many travel products can be booked with AVA?
Answer: 3,000,000+

DeXe (DEXE) Quiz & Answers

dexe answers

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Question: What delegation system is proposed on the DeXe DAO Studio?
Answer: Experts and subDAOs Delegation

Question: What are the benefits of delegating to experts?
Answer: Better decision-making and rewards multipliers

Question: What is the utility of the DEXE token?
Answer: Governs DeXe Protocol DAO

Question: How are rewards distributed to the DAO community?
Answer: To everyone who creating proposals and voting

Question: Who are the Experts?
Answer: People or DAOs whose competency and expertise DAO members trust

Question: What is the DeXe DAO Studio?
Answer: An advanced platform for creating and governing DAOs in one place

Question: What is the DeXe Protocol?
Answer: Infrastructure for creating and governing DAOs

Question: How many smart contracts does the DeXe Protocol contain?
Answer: 50+

Question: Which three DAO Voting Systems does the DeXe DAO Studio offer?
Answer: Meritocratic, Linear, Custom

Question: What is the role of these experts?
Answer: To improve decision-making

dYdX Quiz & Answers

dydx answers

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  1. Question: What is a key feature of dYdX Unlimited?
    Answer: Instant Market Listings
  2. Question: What reward type does dYdX offer?
    Answer: Trading rewards
  3. Question: What Era are we entering?
    Answer: The unlimited era
  4. Question: What is MegaVault?
    Answer: A liquidity pool on dYdX that offers passive income to depositors
  5. Question: What is the primary function of dYdX unlimited’s instant market listings?
    Answer: To allow listing and trading of any asset instantly
  6. Question: What is the purpose of dYdX’s new trading rewards program?
    Answer: To reward users for active trading and engagement
  7. Question: What can users earn by depositing USDC into MegaVault?
    Answer: Passive yield
  8. Question: How does MegaVault benefit the dYdX ecosystem?
    Answer: By providing liquidity to multiple markets
  9. Question: What does the Affiliate Program on dYdX offer?
    Answer: Lifetime commissions for referred users
  10. Question: What kind of trading product is dYdX known for?
    Answer: Perpetual contracts

EigenLayer Quiz & Answers

eigenlayer quiz

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  1. Question: Who are “operators” in the EigenLayer system?
    Answer: People who run AVS software.
  2. Question: Who are AVS consumers in EigenLayer?
    Answer: Projects that build applications using AVSs.
  3. Question: What are Actively Validated Services (AVSs)?
    Answer: Decentralized services using EigenLayer’s pooled security.
  4. Question: Who benefits from EIGEN services?
    Answer: All of the above.
  5. Question: What is the primary function of EigenLayer?
    Answer: To aggregate and extend cryptoeconomic security.
  6. Question: What’s the main goal of EigenLayer?
    Answer: Expand Ethereum’s security to new services.
  7. Question: What does AVS stand for in EigenLayer?
    Answer: Actively Validated Service.
  8. Question: What is the primary benefit of EigenLayer for developers?
    Answer: Reduced need to bootstrap a separate trust network.
  9. Question: Staking Eigen on EigenLayer allows users to secure Actively Validated Services (AVSs), including EigenDA, and earn rewards from AVS fees.
    Answer: True.
  10. Question: What mechanism allows users to extend cryptoeconomic security on EigenLayer?
    Answer: Restaking.

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