BAND Protocol Earn Free Coin Answers
Q1) All of these concepts are related to Band Token except for…
Answer: Cash incentives
Q2) Which sentence is incorrect?
Answer: Band Protocol leverages on-chain centralized oracles that link on-chain applications together.
Q3) Which characteristics differentiate Band Protocol from other oracle services?
Answer: Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain
Q4) Which ecosystem(s) has/have partnered with Band Protocol?
Answer: All are correct
Q5) Which of the following IS NOT a use case of the BAND token?
Answer: To secure a discount when requesting data
Q6) Which sentence is CORRECT?
Answer: BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.
Q7) What network is BandChain on?
Answer: Cosmos
Q8) Which characteristic DOES NOT correctly describe BAND Protocol?
Answer: On-chain DeFi protocol
Eligible users will stand a chance to receive a predetermined amount of $BAND, or tokens from other projects, depending on the course or quiz they complete, first come first served.
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