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CoinMarketCap users can learn about “Liquid Staking on BNB Chain” and take a short quiz to get rewarded! The “BNB Boost” Learn & Earn Campaign’s reward tokens will be distributed randomly among the users who have a KYC-verified Binance.com account and who complete the quiz successfully before the campaign concludes.
The “BNB Boost” CoinMarketCap Learn & Earn Campaign’s reward pool is $250,000 worth of tokens. Successful users will receive tokens as shown in the Prize-Pool Table below; as well as an additional 50 Diamonds as a reward!
The “BNB Boost” CoinMarketCap Learn & Earn Campaign’s reward pool is $250,000 worth of tokens. Successful users will receive tokens as shown in the Prize-Pool Table below; as well as an additional 50 Diamonds as a reward!
The “BNB Boost” Learn & Earn Campaign will run from August 31, 2022 (12:00 PM UTC) to September 29, 2022 (12:00 PM UTC). Make sure to take the following lessons to complete the quiz!
Prerequisites for Participation:
– Must Have CMC & Binance Account
Learn about “Liquid Staking on BNB Chain” & Take a Short Quiz to Earn Tokens Answers!
1. pStake Finance – How to maximize your BNB yields with pSTAKE?
1. After every epoch does the value of stkBNB decrease or increase against BNB?*
Increases
2. Users unstaking BNB from pSTAKE will have to wait for how many days?*
15 days
3. Which application provides the leverage yield farms for stkBNB?*
Alpaca Finance
4. What is the protocol fee charged by pSTAKE for the first 90 days?*
0 %
5. Which on-chain security analysis does pSTAKE use for stkBNB?*
Forta
6. Please find the “Unique Code” in the pStake Finance’s video and submit the “Unique Code” here! (Digits-Only)*
012020
2. Ankr Quiz Answers – What is Ankr Staking?
7. How does liquid staking differ from staking?*
Liquiz Staking solves the capital inefficiencies of staking, because it unlocks the capital staked to be used in other protocols
8. What are the advantages of liquid staking tokens?*
All of the above
9. Which networks does Ankr support for liquid staking?*
Ethereum, Polkadot, Fantom, BNB, Avalanche, Polygon, Kusama
10. Please find the “Unique Code” in Ankr’s video and submit the “Unique Code” here! (Digits-Only)*
080862
3. Stader – Introduction to Stader Labs & its BNB staking solution
11. How many chains is Stader live on?*
6
12. Which of the following security measures are followed by Stader’s solution?*
All of the above
13. How does BNBx increase in value?*
The exchange rate of BNBx with respect to BNB increases over time as staking rewards accumulate
14. Which of the following are advantages of BNBx?*
All of the above
15. How much time does it usually take to stake BNB with Stader?*
< Minute
16. Please find the “Unique Code” in Stader’s video and submit the “Unique Code” here! (Digits-Only)*
050822
4. Wombat Exchange Quiz Answers – Wombat Exchange: Advancing into Stableswap 2.0
17. What is the vision of Wombat Exchange?*
18. What are the competitive advantages of Wombat Exchange?*
All of the above
19. What traditional finance concept does Wombat use to manage its liquidity?*
Coverage Ratio
20. What tokens are included in Wombat’s liquid staking pool?*
BNB, BNBx, and stkBNB
21. Please find the “Unique Code” in Wombat Exchange’s video and submit the “Unique Code” here! (Digits-Only)*
300822
5. Helio Quiz Answers – What is the Helio Protocol?
22. What is the Helio protocol?*
A decentralized and over-collateralized destablecoin solution capitalizing on the potential of liquid staking & yield bearing assets.
23. What is the Loan-To-Value ratio for borrowing $HAY?*
66 %
24. What is a destablecoin?*
A decentralised digital asset backed by decentralised cryptocurrency as collateral and while non volatile, can be subject to minor fluctuations.
25. How can I obtain the $HAY destablecoin?*
Providing $BNB in collateral, and borrowing/mint $HAY against it.
26. How does Helio protocol ensure that $HAY yields are sustainable?*
All of the above
27. Please find the “Unique Code” in Helio’s video and submit the “Unique Code” here! (Digits-Only)*
170822
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