Binance Learn and Earn is an educational initiative designed to reward users with free cryptocurrency for completing quizzes.
This program helps users learn about different crypto projects while earning rewards.
How to Access Binance Learn and Earn
To participate in the Binance Learn and Earn quizzes, follow these steps:
- Open the Binance App:
- Switch to the Pro mode.
- Navigate to Learn & Earn:
- Go to the Menu, select More Services, and then click on Gift & Campaign.
- Start the Learning Process:
- Tap on the “Start Learning” button for the ongoing activity.
- Complete the course and then tap on “Start Quiz” to begin the quiz.
Binance Learn and Earn PowerPool (CVP) Quiz Answers
Here are the answers to the PowerPool ($CVP) quiz to help you earn your rewards:
Question 1: Which of PowerPool partners offers node-running software?
Answer: DappNode.
Question 2: What was PowerPool DAO focused on before the PowerAgent v2 dePIN network was developed?
Answer: PowerPool DAO developed and managed community-proposed smart baskets of assets called ‘Power Indices’.
Question 3: PowerPool is considered a dePIN network since the network participants run a physical (off-chain) infrastructure for facilitating network services. What kind of infrastructure particularly do they run? Select the correct statement.
Answer: Keeper bots for signing transactions (user-owned Job execution).
Question 4: Which asset do PowerAgent Keeper nodes earn as gas compensation and operational reward?
Answer: The token used for gas payment in the network Keeper works – ETH in Ethereum, xDAI in Gnosis Chain, MATIC in Polygon.
Question 5: Is PowerPool created specifically for some L1 ecosystem?
Answer: No, PowerPool is chain agnostic and can be deployed on any EVM-compatible chain.
Question 6: What is PowerPool?
Answer: A dePIN network offering Transaction Signing as a Service tool.
Question 7: Select a correct example of an interval-type Job.
Answer: A DCA (Dollar Cost Average) strategy buying ETH every 12 hours regardless of price changes.
Question 8: Select a correct example of a Resolver-type Job.
Answer: A limit order buying ETH when it reaches the $2,500 price target.
Question 9: Select the correct description of Keeper in the PowerAgent network.
Answer: It is a node that signs transactions (executes Jobs) when selected by the PowerAgent network algorithm.
Question 10: How does the PowerAgent network secure honest behavior of Keeper nodes?
Answer: Through cryptoeconomic mechanisms, such as requiring CVP stakes that are slashed in case of misbehavior.
