Binance Learn and Earn Quiz Answers - Reef Earn Free Coin

Binance Learn and Earn Quiz Answers - Reef Earn Free Coin

Q1) What consensus mechanism does the Reef ecosystem use?

Answer: Nominated Proof of Stake

Q2) What does Reef stand for?

Answer: Reliable, Extensible, Efficient, Fast

Q3) How much does the average transaction cost on Reef?

Answer: $0.17

Q4) What does REEF-20 mean?

Answer: The native utility token that powers the Reef blockchain

Q5) How many types of REEF tokens exist on the market?

Answer: 3

Q6) What is Reef Finance?

Answer: A layer 1 blockchain for DeFi, NFTs, and gaming

Q7) What is Reef’s current max token supply?

Answer: There is no max supply

Q8) What are the types of REEF tokens?

Answer: All of the options

Q9) How many transactions per second (TPS) is Reef able to process?

Answer: Over 460 TPS