Steps To Participate In Binance Learn & Trade STG
1. Tap on the link given below and signup or login to your Binance account, must complete KYC.
2. Trade at least 500 USDT equivalent across any spot and margin trading pairs, including buys and sells.
3. Read the STG introduction article and complete the quiz on STG during the activity period.
4. Take the Binance STG Quiz and submit the correct answers. Answers are given below.
5. All the eligible participants will share $75000 prize pool in STG token vouchers.
6. Total rewards pool will increase proportionally with the total number of qualified users.
7. Activity period: From 6th September 2022, 03:00 (UTC) to 13th September 2022, 23:59 (UTC).
8. For Quiz Link & More Information: Visit Binance Learn & Trade STG Event Link
Note: Do your research and recheck the answers before submitting, these answers are just for reference purposes only
Binance Learn & Trade STG Quiz Answers
Q1) Which chain(s) does Stargate currently support for ETH transfer?
Answer: All of the above
Q2) Which algorithm does Stargate use to solve the bridge trilemma?
Answer: Delta Algorithm
Q3) Which of the following statements is NOT one of the main characteristics of Stargate?
Answer: Wrapped Assets: You will get wrapped assets on the destination chain when you perform a transfer and you can redeem your wrapped assets with an additional swap.
Q4) Which of the following statements is NOT true if you transfer tokens on stargate.finance?
Answer: You need more than one transaction to complete a native asset swap on Stargate.
Q5) Stargate supports liquidity withdrawal from a remote chain different from the original chain where deposit occurs. If you deposit USDC on Polygon, which of the following options would be possible for you to receive your assets when you remove liquidity?
Answer: All of the above
Q6) Which of the following statements is NOT true about Stargate DAO governance?
Answer: OveSTG is the unit of Stargate governance voting power. It is received by staking locked Stargate tokens and is non-transferable.
Q7) Which of the following statements is NOT true about rewards on Stargate?
Answer: If there are no STG emissions on a certain chain, liquidity providers on that chain don’t have rewards.
Q8) Stargate is an omnichain liquidity transfer layer. dApps can integrate with Stargate easily. What kind of applications can be built on top of Stargate?
Answer: All of the above
DISCLAIMER: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that AirdropResearch is not responsible for your trading losses. Also the content expressed here is just for education purposes only.
