Binance learn & earn crypto: all quiz answers

04/03/2023

Unlock the world of crypto with Binance's Learn and Earn program! If you're ready to showcase your expertise and earn some rewards in the process, all you need to do is create a Binance account. And we've got your back, with all the answers to the quizzes about the hottest crypto projects, like Solana, Hashflow, and Hooked Protocol, all in one place. Don't miss out on this opportunity to enhance your crypto investments and be the envy of your friends.

What Is EOS?

Question: The EOS Network consumes significantly less energy than Bitcoin and Ethereum and is certified carbon neutral.
Answer: True

Question: EOS is leveraging its technology to unlock use cases in GameFi, DeFi and, more broadly, the Metaverse.
Answer: TRUE

Question: The EOS Network has an insurance program called Recover+ that protects EOS DeFi users from hacks.
Answer: TRUE

Question: Which of the following performance metrics does EOS achieve?
Answer: All are correct

Question: Who is the founder and current CEO of the EOS Network Foundation?
Answer: Yves La rose

Question: Who is the EOS Network designed for?
Answer: All are correct

Question: Which of the following is not characteristic of the EOS blockchain?
Answer: Expensive gas fees

Question: In an effort to achieve absolute code independence, community engineers, led by the EOS Network Foundation, performed a non-contentious hard fork of the EOS codebase.
Answer: TRUE

Question: What consensus mechanism does the EOS Network use?
Answer: Delegated Proof of Stake (DPos) 


What Is Solana (SOL)?

Here is a link to the Solana learn & earn quizhttps://academy.binance.com/en/learn-and-earn/course/what-is-solana-sol-BN823220726121590785


Question: Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
Answer: Proof-of-work

Question: As of September 2022, what is the energy impact of a single Solana transaction on average?
Answer: Less than a Google search (~500 J).

Question: What can you use SOL for?
Answer: All are correct

Question: What is the average Solana transaction fee?
Answer: $0.00025

Question: What is Saga?
Answer: A crypto-friendly mobile phone that uses the Solana Mobile Stack.

Question: How quickly does it take the Solana Pay protocol to process a transaction globally?
Answer: A few seconds

Question: Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?
Answer: 1,200,000

Question: Solana uses mining to secure its network.
Answer: False

Question: As of December 2022, how many NFTs have been minted using Solana?
Answer: 22,700,000

Question: Which of the following established companies support or have integrated Solana
Answer: All are correct

What Is Hashflow (HFT)?

Here is a link to the Hashflow learn & earn quiz: https://academy.binance.com/en/learn-and-earn/course/what-is-hashflow-hft-BN823230029706227713

Question: Which exchange was the first to list the Hashflow token (HFT)?

Answer: Binance

Question: How much does Hashflow charge in fees?
Answer: 0%

Question: What makes Hashflow different from other DEXs?
Answer: Hashflow uses the RFQ model for market making.

Question: What is HFT's utility?
Answer: Governance and in-DAO Health & Rewards.

Question: What is unique about trading on Hashflow?
Answer: All are correct

Question: How does one start trading on Hashflow?
Answer: Connect your wallet.

Question: What is The Hashverse?
Answer: Hashflow's story-driven and gamified governance DAO.

Question: What is Hashflow's total volume?
Answer: $11 billion

What Is Hooked Protocol (HOOK)?

Here is a link to the Hooked Protocol learn & earn quizhttps://academy.binance.com/en/learn-and-earn/course/what-is-hooked-protocol-hook-BN823229892988809217

Question: What is Hooked Protocol?

Answer: Web3 Gamified Social Learning Platform

Question: What is the first pilot app of Hooked Protocol?
Answer: Wild Cash

Question: What is the latest number of monthly active users of Wild Cash?
Answer: Over 3 Million

Question: What network did Hooked Protocol first launch on?
Answer: BNB Chain

Question: How many Hook will be in the circulating supply upon listing?
Answer: 10% of total supply

Question: How does the Hooked token structure work?
Answer: There is an only utility token uHGT

Question: Which one of the following is the HOOK token function?
Answer: All are correct

Question: Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. True or false?
Answer: True

Question: Who are the target users that Hooked Protocol will provide services to fulfill the mission?
Answer: All are correct

Question: What are the highlights of Hooked Protocol achieved so far?
Answer: All are correct