Binance Learn & Earn EOS Quiz Answers
Binance Learn & Earn EOS Quiz, Binance Learn & Earn EOS Quiz Answers – Hi Guys, Hope you are enjoying our daily posting of amazon quiz answers & amazon funzone stars quiz answers. Meanwhile , Binance the popular crypto platform of the world has announced another learn & earn EOS quiz program for all users. Binance learn & earn is great source of free crypto earning without spending any penny.
There will be 2 Quizzes (BNB & EOS) on 16th February 2023 in Binance learn & earn event. we have already posted the Binance learn & earn BNB quiz answers. keep that tab open while solving the questions.
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 EOS quiz“, where users can gain knowledge about EOS coin and earn up to $5 in crypto by completing course and quiz of EOS.
Binance Learn & Earn EOS Quiz
| Binance Learn & Earn EOS Quiz | Details |
|---|---|
| Quiz about : | EOS Token |
| Quiz Date : | 16th February 2023 |
| Quiz Time : | 2023-02-16 09:00 (UTC) |
| Number of Questions : | -NA- |
| Number of winners : | 1st come 1st serve |
How to Participate in Binance Learn & Earn EOS Quiz
EOS rewards are only available to users who have never subscribed to Simple Earn Locked Products before 2023-02-16 09:00 (UTC). EOS rewards will be automatically staked for 150 days, where users can enjoy 10% APR.
- 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 EOS quiz banner
- Click on that
- New chapter of learn & earn HFT quiz will live from 2.30 PM IST
- start the quiz at same time & solve using below already solved Binance EOS Quiz answers
Binance Learn & Earn EOS Quiz Answers
Please wait !!! We are updating answers,,Also Join our Telegram channel For Updates !!!
EOS quiz and reward is only eligible for users who had no Staking record before.
| Binance EOS Quiz | Answers |
|---|---|
| 1. The EOS Network consumes significantly less energy than Bitcoin and Ethereum and is certified carbon neutral. | True |
| 2. EOS is leveraging its technology to unlock use cases in GameFi, DeFi and, more broadly, the Metaverse. | TRUE |
| 3. The EOS Network has an insurance program called Recover+ that protects EOS DeFi users from hacks. | TRUE |
| 4. Which of the following performance metrics does EOS achieve? | All are correct |
| 5. Who is the founder and current CEO of the EOS Network Foundation? | Yves La rose |
| 6. Who is the EOS Network designed for? | All are correct |
| 7. Which of the following is not characteristic of the EOS blockchain? | Expensive gas fees |
| 8. 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. | TRUE |
| 9. What consensus mechanism does the EOS Network use? | Delegated Proof of Stake (DPos) |
Details About EOS Tokens (Useful in Binance EOS Quiz)
Launched in 2018, EOS is a Layer 1 blockchain that addresses scalability issues. Learn how developers can use it to build their desired blockchain ecosystems.
EOS is a Layer 1 blockchain designed to address scalability issues first-and second-generation blockchains face. As the longest-running blockchain after Bitcoin and Ethereum in the industry, it has been used by developers to build blockchain applications and ecosystems. This has, in turn, unlocked use cases in the supply chain, decentralized finance (DeFi), and gaming finance (GameFi) sectors, among others.
EOS uses Delegated proof-of-stake (DPoS) as its consensus mechanism. Its native token, EOS, is a utility token used on the network to purchase system resources, participate in EOS governance, transfer value on native applications, and account for value by investors and speculators.
Token holders can also stake their idle EOS tokens to receive a percentage of the fees collected by users who wish to use EOS system resources through the EOS PowerUp Model.
What Makes EOS Unique?
- Human-readable accounts
- Affordable transaction fees
- Near-instant finality
- Energy efficiency
- Base layer insurance
- EOS Working Groups
- EOS Network Ventures
- EOS Network Foundation
Terms and Conditions Of Binance EOS 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.
- The actual value of the reward received is subject to change due to market fluctuation.
- 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.
- Users will not be able to participate in this activity once all rewards are distributed.
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