Binance Learn and Earn – Lido Quiz Answers

Binance Learn and Earn – Lido Quiz Answers

What is Binance Learn And Earn Quiz?

Binance developed the Learn and Earn Program to assist its users in better comprehending cryptocurrency and blockchain technology.

Users are urged to study articles and watch training videos to understand more about cryptocurrencies.

They will then utilize that knowledge to pass examinations and earn bitcoin.

These have incentives that are time-sensitive and lose value over time.

Both of the initial courses cost 50,000 SHIB ($500,000 USD) each.

Binance Learn and Earn – 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

Post a Comment

Previous Post Next Post