🔒 Closed BINANCE EARN AND LEARN TRUEFI(TRU) QUIZ ANSWERS

[Papa Vanz OT]

Binance TrueFi Quiz Answers​

Q1. TrueFi’s mission is to build what?
Answer: The world’s most transparent and effective financial infrastructure to support the global credit market
Q2. What benefits does TrueFi offer its users?
Answer: All are correct
Q3. What is not a function of the TrueFi credit protocol?
Answer: Collateralized lending
Q4. Approximately how much in unsecured loans has TrueFi originated between November 2020 and December 2022?
Answer: $2 billion
Q5. What is TrueFi’s native token?
Answer: TRU
Q6. TrueFi’s native token is used to facilitate:
Answer: All are correct
Q7. What benefits does TrueFi offer its users?
Answer: All are correct
Q8. What are the benefits of launching a financial opportunity on-chain using TrueFi?
Answer: All are correct
Q9. Who can loan into TrueFi pools and portfolios?
Answer: Each pool and portfolio has its own lender selection criteria, set by the manager
Q10. How can lenders generate yields on TrueFi?
Answer: All are correct
Q11. Besides Ethereum, what other blockchain does TrueFi support?
Answer: Optimism
Q12. How can TrueFi lenders exit their loan position in a TrueFi pool or portfolio?
Answer: Exit liquidity differs depending on the opportunity, based on specifications set by the manager
Q13. What protections do TrueFi lenders enjoy against loss of capital on the protocol?
Answer: All are correct

10 TRU po ang reward niyan matik ma punta sa binance wallet niyo after matapos ang duration ng quiz

 

[Dhannie21]

Salamat lods

 

[Papa Vanz OT]

Salamat lods

welcome lods

 

[Ashtutu]

Thanks ts. Newbie question lang, bakit "not eligible" ako sa doge at skl sa learn and earn?

 

[Papa Vanz OT]

Thanks ts. Newbie question lang, bakit "not eligible" ako sa doge at skl sa learn and earn?

sakin din lods ganyan.. baka tapos na siya. or di tlga pwede kasi may specific requirements

 

[reynangokama]

yun o slamat paps magkano nakukuha dito hehe

 

[Papa Vanz OT]

yun o slamat paps magkano nakukuha dito hehe

10 TRU lods

 

[Mistylynx]

Share ko na din to, 0.3 LDO reward.

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Binance Lido Quiz Answers​

1.What problem is Lido trying to solve in PoS staking?
Answer: All are correct
2. 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
3.Where do users deposit their PoS token on Lido?
Answer: The Lido staking pool smart contract
4.What can holders do with LDO?
Answer: Vote on decisions in the Lido DAO
5.Why does Lido operate as a DAO?
Answer: All are correct
6.What can users do with their stETH tokens?
Answer: All are correct
7.What is the name of the utility token on Lido?
Answer: LDO
8.In addition to Ethereum, which PoS blockchain does Lido support?
Answer: Polkadot

 

[Papa Vanz OT]

Share ko na din to, 0.3 LDO reward.

You do not have permission to view the full content of this post. Log in or register now.

Binance Lido Quiz Answers​

1.What problem is Lido trying to solve in PoS staking?
Answer: All are correct
2. 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
3.Where do users deposit their PoS token on Lido?
Answer: The Lido staking pool smart contract
4.What can holders do with LDO?
Answer: Vote on decisions in the Lido DAO
5.Why does Lido operate as a DAO?
Answer: All are correct
6.What can users do with their stETH tokens?
Answer: All are correct
7.What is the name of the utility token on Lido?
Answer: LDO
8.In addition to Ethereum, which PoS blockchain does Lido support?
Answer: Polkadot

done na ako dito boss ..anyways. thanks

 

[neuron]

Thanks for sharing