Like Coinbase, Coin Market Cap has its own Learn and Earn section, where you play videos of new projects that are featured and in the end you have to answer to some quiz questions about the crypto project to be eligible to earn rewards in form of tokens.
Their newest project featured in CMC's Learn and Earn section is Plasma Finance. If you participate, take the quiz and respond correctly to all Questions you can claim $5 of PPAY tokens (Native token of Plasma Finance).
Link to the campaign: https://coinmarketcap.com/earn/project/plasmafinance
What is Plasma Finance?
all-in-one DEX aggregator, does away with the complexity typically associated with DeFi
You can find Plasma Finance's website here:
https://plasma.finance/
For the Quiz you will need a CoinMarketCap account, your Binance id, and your ERC-20 address. Since this is a first get, first serve quiz you need to do it as fast as possible in order to be eligible for the PPAY $5 reward as the faucet will dry out.
I did the quiz myself and these are the answers according to me.
Q: PlasmaFinance is the one-stop-shop for all your DeFi needs. Which of the following can you do with PlasmaFinance?
A: All of the above.
Q: Modern decentralized exchanges (DEXs) use an automated protocol whereby independent users can add their crypto assets to a common pool and earn a portion of all fees generated when others swap assets using this pool. PlasmaFinance lets users view all of these pools across all major DEXs so they can choose the most profitable ones. What is this passive income-earning DeFi activity commonly called?
A: Liquidity mining
Q: PlasmaFinance promotes the use of transparent, real-time on-chain market data to provide DeFi users with an unrivalled level of assurance. Which of these statements are NOT true about PlasmaFinance?
A: You have to be careful about fake data, manipulated statistics and bot numbers when using PlasmaFinance, just as you would on centralized data sources.
Q: When providing liquidity on DEXs, DeFi users must provide liquidity in a pair of assets. Retrieving and moving this liquidity from one liquidity pool to another involves at least 4 separate transactions. How many transactions do you need to perform on PlasmaFinance using the Flash Rebalancer tool?
A: 1
Q: Which of the following is a unique feature of PlasmaSwap, which most DEXs are unable to offer to their users?
A: All of the above
Q: What is the abbreviation of PlasmaFinance’s native token?
A: PPAY
I believe that my answers are correct, but I would suggest that you go read through the materials and play the videos in CoinMarketCap before responding to the quiz.
Good luck!
Posted Using LeoFinance Beta
