Binance WOO Quiz Answers
Binance Learn & Earn WOO Quiz, Binance Learn & Earn WOO Quiz Answers – Hi Coolz Readers!! Hope you are reading our daily posting of amazon quiz answers & amazon funzone stars quiz answers. In between, Binance the popular crypto platform of the world has announced another learn & earn WOO quiz program for all users.
There will be 3 Quizzes (WOO, LDO, QI) on 19th October 2022 in Binance learn & earn. we have already posted the Binance learn & earn LDO quiz answers. Here is all details about Binance WOO Quiz & we have updated all correct answers of Binance WOO Quiz.
We have already posted each & all Binance Learn & earn quiz answers in 1 post. must check out that one too.
Meanwhile , Binance has announced next chapter of “Binance Learn & Earn WOO quiz“, where users can gain knowledge about WOO coin and earn up to $10 in crypto by completing course and quiz of WOO.
WOO Network is a liquidity network that connects crypto exchanges, traders, and DeFi platforms. Its utility token WOO can be used in governance, staking, and more.
Binance WOO Quiz
| Binance Learn & Earn WOO Quiz | Details |
|---|---|
| Quiz about : | WOO Token |
| Quiz Date : | 19th October 2022 |
| Quiz Time : | 2022-10-19 16:30 (UTC) |
| Number of Questions : | 17 |
| Number of winners : | 1st come 1st serve |
How to Participate in Binance WOO Quiz
- First of all update your Binance app from Playstore to latest version of visit this Binance Learn & earn quiz webpage directly
- New Users of Binance can create new account from here
- Login into your Binance account
- Go to homepage & you will see this learn & earn WOO quiz banner
- Click on that
- New chapter of learn & earn WOO quiz will live from 16.30 PM IST
- start the quiz at same time & solve using below already solved Binance WOO Quiz answers
Binance WOO Quiz Answers
Question 1 : What share of Woo Network’s revenue contributes to the monthly buyback and burn?
Answer is : 50%
Question 2 : what is Woo Network’s centralized exchange called?
Answer is : WOO X
Question 3 : How much does Kronos research trade each day?.
Answer is : $1 Billion+
Question 4 : What network did WOOFi first launch on?
Answer is : BNB Chain
Question 5 : Who benefits from WOO Network’s services?
Answer is : All of the above
Question 6 : WOO Network was selected as a judge in BIN Chain’s most valuable builder program? True or false?
Answer is : False
Question 7 : Who invested in WOO network’s series A+ fundraising round in 2021?
Answer is : Binance Labs
Question 8 : Which ecosystems are partnered with WOO DAO?
Answer is : All of the above
Question 9 : WOO Network was designed to address high fees and fragmented liquidity across crypto networks and applications. True or false?
Answer is : True
Question 10 : Who benefits from WOO Network’s liquidity?
Answer is : All Are Correct
Question 11 : WOOFi is an all-in-one dApp?
Answer is : True
Question 12 : What is WOOFI’s swap fee?
Answer is : 0.025%
Question 13 : How quickly can WOOFi cross-chain swaps complete?
Answer is : 30 seconds
Question 14 : Which of these are features of WOOFi Supercharger vaults?
Answer is : All are correct
Question 15 : How many chains is WOOFi integrated with?
Answer is : 4
Question 16 : WOOFi DEX has a customizable UI and visible order book?
Answer is : True
Question 17 : Which network is WOOFi DEX built upon?
Answer is : NEAR
Questions will be in different order in your accounts.
If anything change in this question , we will update correct questions on Our Telegram channel
Do Your Own Research too ,,, Don’t blame us for Wrong answers. If anything change in this question , we will update correct questions on Our Telegram channel
Details About WOO Tokens (Useful in WOO Quiz)
WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms. It provides democratized access to market liquidity, trading execution, and yield generation strategies at lower or even zero cost.
WOO Network was incubated by Kronos Research in 2019, a quantitative trading firm that has long been a leading market maker across all major exchanges, generating $5-10 billion in daily volume. Through these years of experience in crypto, the Kronos team noticed a key shortcoming – insufficient and unaffordable liquidity across many crypto exchanges, both centralized and decentralized.
How Does WOO Network Work?
WOO Network works with Kronos Research to aggregate and integrate liquidity using quantitative trading and hedging strategies. Liquidity is aggregated from a number of leading centralized and institutional trading platforms and, more recently, through DeFi networks such as Ethereum, BNB Chain, Polygon, and Avalanche. Clients connect directly to the network via API or through the GUI on WOO X and WOOFi. Others connect indirectly via DeFi platforms like 1inch, 0x, or Paraswap.
Market makers from other platforms, such as on dYdX, can also use WOO Network as a venue to hedge exposure. The zero-fee model and favorable terms towards taker orders are ideal for low-cost hedging. Volumes have been growing steadily, and in the middle of September 2021, the 24hr trading volume reached $2.5B, fueled by the exponential growth of popular platforms, such as dYdX.
Terms and Conditions Of Binance WOO Quiz :
- Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
- Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.
- There will be caps imposed on the amount of rewards available to eligible users per country/region.
- Eligible users may complete multiple quizzes to claim multiple rewards. Users will not be able to participate in this activity once all rewards are distributed.
- The actual value of the reward received is subject to change due to market fluctuation.
- Rewards are only available to users who have never subscribed to Locked Staking products before the date stated on the announcement.
- Binance Staking will return staked digital assets/digital currencies to users’ Spot Wallets at the end of the agreed staking period. Users can view their Locked Staking assets by going to [Wallets] – [Earn] – [Locked Staking].
- For this activity, users may not redeem their staked digital assets/digital currencies in advance.
- Token voucher rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via [Account] – [Reward Center].
- Binance reserves the right to terminate the activity at any time without prior notice.
- Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
- Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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