💥💥Binance Learn and Earn Band Protocol ( BAND ) Token Quiz Answers Today❤❤
Q1. All of these concepts are related to Band Token except for…
Answer : Cash incentives
Q2. Which sentence is incorrect?
Answer : Band Protocol leverages on-chain centralized oracles that link on-chain applications together.
Q3. Which characteristics differentiate Band Protocol from other oracle services?
Answer : Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain
Q4. Which ecosystem(s) has/have partnered with Band Protocol?
Answer: All are correct
Q5. Which of the following IS NOT a use case of the BAND token?
Answer : To secure a discount when requesting data
Q6. Which sentence is CORRECT?
Answer : BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.
Q7. What network is BandChain on?
Answer: Cosmos
Q8. Which characteristic DOES NOT correctly describe BAND Protocol?
Answer : On-chain DeFi protocol