Binance TRU Quiz Answers
Binance Learn & Earn TRU Quiz, Binance Learn & Earn TRU 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 TRU quiz program for all users.
There will be 2 Quizzes (TRU, SKL) on 09th November 2022 in Binance learn & earn. we have already posted the Binance learn & earn SKL quiz answers. Here is all details about Binance TRU Quiz & we have updated all correct answers of Binance TrueFi 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 TRU quiz“, where users can gain knowledge about TRU coin and earn up to $10 in crypto by completing course and quiz of TRU.
TrueFi is DeFi’s first credit protocol. Learn about its crypto and real-world financial opportunities and what’s coming soon for TrueFi. TrueFi is DeFi’s first credit protocol for lending, borrowing, and managing capital. Built on Ethereum and Optimism, TrueFi’s capital markets connect investors, borrowers, and capital managers for uncollateralized lending in both crypto-native and real-world financial opportunities.
Binance TRU Quiz
| Binance Learn & Earn TRU Quiz | Details |
|---|---|
| Quiz about : | TRU Token |
| Quiz Date : | 09th November 2022 |
| Quiz Time : | 2022-11-09 02:30 (IST) |
| Number of Questions : | 13 |
| Number of winners : | 1st come 1st serve |
How to Participate in Binance TRU 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 TRU quiz banner
- Click on that
- New chapter of learn & earn TRU quiz will live from 02.30 PM IST
- start the quiz at same time & solve using below already solved Binance TRU Quiz answers
Binance TRU Quiz Answers
Question 1 :
Answer is : The world’s most transparent and effective financial infrastructure to support the global credit market
Question 2 :
Answer is : All are correct
Question 3 :
Answer is : Collateralized lending
Question 4 :
Answer is : $2 billion
Question 5 :
Answer is : TRU
Question 6 :
Answer is : All are correct
Question 7 :
Answer is : All are correct
Question 8 :
Answer is : All are correct
Question 9 :
Answer is : Each pool and portfolio has its own lender selection criteria, set by the manager
Question 10 :
Answer is : All are correct
Question 11 :
Answer is : Optimism
Question 12 :
Answer is : Exit liquidity differs depending on the opportunity, based on specifications set by the manager
Question 13 :
Answer is : All are correct
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 TRU Tokens (Useful in TRU Quiz)
Using blockchain infrastructure, TrueFi has launched DeFi’s first uncollateralized lending marketplace, finally allowing borrowers to make on-chain loans without requiring them to provide collateral lock-up.
This has dramatically increased borrowers’ capital efficiency, resulting in soaring demand. Since TrueFi’s first uncollateralized loan in November 2020 to Alameda Research, the protocol has originated almost $2 billion in collateral-free loans, paid out approximately $40 million to lenders, and maintained one of the industry’s best underwriting records.
How Does TRU Network Work?
TrueFi is a public financial utility, offering infrastructure for lending, borrowing, and managing assets. The true magic of the protocol, however, happens when these user groups come together, using TrueFi as a marketplace to meet their needs.
Because TrueFi is a decentralized protocol, it also relies on stakers of its TRU governance token to provide loss protection to lenders, govern the future of the protocol, and make contributions necessary for TrueFi to succeed.
Terms and Conditions Of Binance TRU 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.
- For SKL course only:
- The SKL reward is only available to users who have never subscribed to Simple Earn Locked Products before 2022-11-09 09:00 (UTC).
- Binance Simple Earn will return digital assets/digital currencies to users’ spot wallets at the end of the agreed subscription period.
- Users can view their assets on Simple Earn Locked Products by going to Wallets > Earn > Simple Earn > Locked.
- For this activity, users may not redeem their digital assets/digital currencies in advance.
- For all remaining courses, excluding that on SKL:
- 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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