Binance Learn & Earn program offers from time to time interesting crypto-related courses with sweet rewards in the end.
This time Binance introduced the Learn & Earn What Is EOS? with 1.69 EOS as the reward. But you won’t get it directly, the rewards are distributed through staking rewards.
To get that, all you need to do is to answer nine simple questions and wait for the activity to come to an end.
Please note, that this promotion is open only to first time users of crypto staking on Binance. If you are not sure whether you have subscribed to staking in the past, once you get to the activity page, it'll told you whether you are eligible for the reward.
Of course, you need to have an active Binance account. You can open your account through this banner.
Once you successfully open your Binance account, you can access the EOS Learn & Earn Binance promotion through this link. Now let’s look at the EOS quiz answers.
Please note that your questions will be in a different order. Now let’s get started!
Question 1: The EOS Network consumes significantly less energy than Bitcoin and Ethereum and is certified carbon neutral.
Answer: True
Question 2: EOS is leveraging its technology to unlock use cases in GameFi, DeFi and, more broadly, the Metaverse.
Answer: True
Question 3: The EOS Network has an insurance program called Recover+ that protects EOS DeFi users from hacks.
Answer: True
Question 4: Which of the following performance metrics does EOS achieve?
Answer: All are correct
Question 5: Who is the founder and current CEO of the EOS Network Foundation?
Answer: Yves La rose
Question 6: Who is the EOS Network designed for?
Answer: All are correct
Question 7: Which of the following is not characteristic of the EOS blockchain?
Answer: Expensive gas fees
Question 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.
Answer: True
Question 9: What consensus mechanism does the EOS Network use?
Answer: Delegated Proof of Stake (DPos)
Bottom Line
Once you submit the last answer to this Binance EOS quiz, you will get a badge saying that you have successfully completed the quiz. Now, all it’s left to do is wait for the activity to come to an end.
We at Help With Penny focus on providing accurate information for everyone. That’s why we also make easily accessible answers to many Crypto Quizzes.