Binance Harmony Quiz Answers
Answer: To avoid inflation and incentivize token appreciation
Q2. What consencys mechanism does harmony use?
Answer: Effective proff of stake
Q3. Which technologies does harmony implemet to achieve scalability without sacrificing security?
Answer: Sharding and effective proff of stake
Q4. What is harmonys yearly network reward to validators?
Answer: 441 million tokens
Q5. Which of these DAOS have been funded by Harmony?
Answer: All are correct
Q6. What’s makes up the yearly reward at harmony?
Answer: Issuance + transaction fees
Q7. Harmony has created bridges for which chains?
Answer: All are correct
Q8. How much Grant Will harmony provide to new projects through the harmony Ecosystem fund?
Answer: $300 Million
Q9. How many DAOs does Harmony aim to find in the future?
Answer: 10,000