Notes
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Questions may be asked randomly so attempt every question carefully
Q1) The value of a PAXG token is equal to:
Answer: 1 troy oz. of physical gold
Q2) How do I know PAXG is fully backed by physical gold?
Answer: An independent auditing firm performs monthly checks on Paxos’ gold reserves.
Q3) PAXG storage fees are
Answer: 0.00%
Q4) When you own PAXG, you own physical gold. True or false?
Answer: True
Q5) Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet.
Answer: True
Q6) PAXG is regulated and approved by _
Answer: New York State Department of Financial Services
Q7) How can a PAXG holder look up their vaulted physical gold’s serial number and physical characteristics?
Answer: Enter their Ethereum wallet address on the PAXG lookup tool
Q8) Where are PAXG’s physical gold reserves stored?
Answer: London Bank Vaults
Q9) Which gold tokens can be redeemed for physical gold?
Answer: PAX Gold (PAXG)
Q10) PAXG is built as an _
Answer: ERC-20 token on the Ethereum blockchain
STP
Binance Learn & Earn STP Quiz Answers
Questions may be asked randomly so attempt every question carefully
Q1) What chains is STP bridging with its cross-chain technology?
Answer: Ethereum to Polygon
Q2) Which participation metrics are trackable on Clique?
Answer: All are correct
Q3) Which technology enables cross-chain governance on STP?
Answer: Data Bridge
Q4) What problem does Clique solve?
Answer: Fragmentation of DAO tools in the space
Q5) What is the main use case of STPT?
Answer: Governance
Q6) What are the two main functions of Clique?
Answer: DAO creation and DAO management
Q7) What type of DAOs does STP have a pre-made template for?
Answer: Investment DAO, Membership DAO, and Project DAO
Q8) What is the native coin of STP?
Answer: STPT
Q9) What is Clique
Answer: The all-in-one DAO platform that enhances member participation in DAOs through a single platform for everything DAO-related, whether it be voting, proposals, social posts, analytics, token management, etc.
Q10) For DAOs on layer-1 blockchains, how is the voting power for governance on Clique determined?
Answer: The voting power will be dependent on the amount of native DAO tokens held by users in their wallet using the cross-chain technology
Binance Learn & Earn SKALE Quiz Answers
Questions may be asked randomly so attempt every question carefully
Q1) How much are gas fees on the SKALE Network?
Answer: Zero
Q2) What type of blockchain is the SKALE Network?
Answer: Modular Layer1/Layer2 Hybrid
Q3) What types of decentralized applications run on SKALE?
Answer: All are correct
Q4) How does SKALE improve User Experience?
Answer: All are correct
Q5) The SKALE network supports thousands of independent blockchains, multi-chains, and storage chains with zero gas fees, faster commit times, and increased transaction throughput. True or False?
Answer: True
Q6) How does SKALE increase the supply of SKALE Chains?
Answer: Incentivizing SKALE chain creation through surge pricing
Q7) SKALE is Ethereum compatible.
Answer: True
Q8) How many Elastic Sidechains can be created in the SKALE ecosystem?
Answer: An unlimited amount
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