Binance Learn & Earn UMA Quiz Answers
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Q1) What makes the OO optimistic?
Answer: Proposed data will not require resolution unless it is disputed, and disputes are rare
Q2) How many tokens did UMA transfer to its DAO in 2021?
Answer: 35 million tokens
Q3) Who are the three actors in the OO system?
Answer: The contract requesting the data; the participant proposing the data; and the disputer
Q4) Why is there a reward associated with voting correctly?
Answer: So there is an incentive to be correct
Q5) Why does the OO include a human component?
Answer: Humans can provide any kind of knowable truth to a blockchain
Q6) What are the phases in the UMA voting process?
Answer: Voting period; voting revealing period; reward collection period
Q7) What is the DAO tooling organization that is a sister protocol to UMA and Across and is secured by the OO?
Answer: Outcome.Finance
Q8) How long does it typically take for the OO, through its UMA token holders, to resolve a dispute?
Answer: 48 hours
Q9) What is UMA’s native token?
Answer: UMA coin
Q10) What is the cross chain bridge empowered by UMA and its OO?
Answer: Across