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Binance Learn & Earn TrueFi Quiz Answers
| Quiz Name | Binance TrueFi (TRU) Quiz Answers |
|---|---|
| Number of Questions : | 10 (Ten) |
| Date: | 09th November 2022 |
| Time | 2022-11-09 09:00 (UTC) |
| Win Rewards | Crypto Token |
| Number of Winners : | 1st come 1st serve |
| Quiz Link | Visit Here |
How To Pertinence Binance Learn & Earn TRU Tokens
1. Click on the link given below and create your Binance account with your valid mobile/email id.
2. Must complete your KYC verification which is mandatory for collecting rewards.
3. visit here to directly take part in the Binance learn & earn TrueFi quiz page.
4. Binance learn & earn TrueFi quiz will go live on 9th November 2022, 9:00 (UTC).
5. Take the TrueFi quiz and earn an assured TRU token, answers are given below.
6. Rewards are limited and are available on a first-come, first-served basis.
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Binance TrueFi Quiz Answers Today
Coming Soon….
Quiz will go live on 9th November 2022, 9:00 (UTC)
Q1) TrueFi’s mission is to build what?
Answer: The world’s most transparent and effective financial infrastructure to support the global credit market
Q2) What benefits does TrueFi offer its users?
Answer: All are correct
Q3) What is not a function of the TrueFi credit protocol?
Answer: Collateralized lending
Q4) Approximately how much in unsecured loans has TrueFi originated between November 2020 and December 2022?
Answer: $2 billion
Q5) What is TrueFi’s native token?
Answer: TRU
Q6) TrueFi’s native token is used to facilitate:
Answer: All are correct
Q7) What benefits does TrueFi offer its users?
Answer: All are correct
Q8) What are the benefits of launching a financial opportunity on-chain using TrueFi?
Answer: All are correct
Q9) Who can loan into TrueFi pools and portfolios?
Answer: Each pool and portfolio has its own lender selection criteria, set by the manager
Q10) How can lenders generate yields on TrueFi?
Answer: All are correct
Q11) Besides Ethereum, what other blockchain does TrueFi support?
Answer: Optimism
Q12) How can TrueFi lenders exit their loan position in a TrueFi pool or portfolio?
Answer: Exit liquidity differs depending on the opportunity, based on specifications set by the manager
Q13) What protections do TrueFi lenders enjoy against loss of capital on the protocol?
Answer: All are correct
Questions will be in different order in your accounts.