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Binance Learn & Earn Lido Dao Quiz Answers!
Q1) What problem is Lido trying to solve in PoS staking?
Answer: All are correct
Q2) What do users receive after staking their tokens on Lido?
Answer: Assets that represent their staked tokens on a 1:1 basis, e.g., stake ETH and get stETH tokens
Q3) Where do users deposit their PoS token on Lido?
Answer: The Lido staking pool smart contract
Q4) What can holders do with LDO?
Answer: Vote on decisions in the Lido DAO
Q5) Why does Lido operate as a DAO?
Answer: All are correct
Q6) What can users do with their stETH tokens?
Answer: All are correct
Q7) What is the name of the utility token on Lido?
Answer: LDO
Q8) In addition to Ethereum, which PoS blockchain does Lido support?
Answer: Polkadot
(FAQS About Binance Learn and Earn Campaign!)
What is Binance “Learn & Earn”?
In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto.
How to participate in the “Learn and Earn” Program?
1. Log in to your Binance account and visit the [Learn and Earn] landing page on Binance Academy. You’ll see a list of the available courses and the amount of crypto rewards you can earn after completing the course.
Please note that you need to complete Identity Verification for your Binance account to be eligible for the rewards.
2. Select a course and click [Start Course]. Follow the instructions to learn and complete the quiz. If you pass the quiz, you will be rewarded with a token voucher.
3. To check rewards distribution, go to [Reward history]. Please note that rewards will be distributed in 48 hours if you pass the quiz and are qualified for this campaign.
4. To redeem the reward, go to [Account] - [Reward Center].
Please note that the token voucher is only valid for 14 days from the day of distribution. Please claim your tokens before the voucher expires.
Am I eligible for the “Learn & Earn” rewards?
The Binance “Learn and Earn” rewards are for targeted Binance users only. New users need to complete Identity Verification first before they can earn “Learn & Earn” rewards.
All verified users must read the article, watch the video(s), and answer all questions inside the quiz correctly in order to earn the rewards. If you fail to complete the quiz, you are not qualified for any awards.
Please note that only specific Binance users are eligible to receive rewards for certain campaigns. Please refer to the activity page for details. Binance reserves the right for final reward distribution.
You are not eligible for the rewards if your account does not comply with the Binance Terms of Use. We reserve the right to disqualify users deemed as wash trading or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.
How long will it take to receive my rewards after completing the quiz?
Reward distribution generally takes less than 48 hours. However, you may not receive the rewards if you’re not qualified. Please refer to the Terms and Conditions below. Please note that reward distribution may be delayed due to system issues. If you cannot receive your rewards in 48 hours, please contact Customer Support.
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