Binance Hifi Quiz Answers (HIFI) Learn & Earn Free Crypto

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Learn & Earn is back All verified users can now access the learning materials to prepare for the quiz on May 2023, Learn crypto, earn crypto. Binance is excited to announce that we will soon launch the next round of “Binance Learn & Earn”, where users can gain knowledge on blockchain and earn free crypto by completing courses and quizzes. Activity Period: 2023-05-25 09:00 (UTC) to 2023-06-09 09:00 (UTC)

How to Download Binance App & Website Visit and then you are registering an account/log in to your account and please complete your full KYC Verified Account then you are eligible to participate in this Learn & Quiz program for All Binance Users, and assured rewards Binance rewards balance. It is a big reward don’t miss it!!!

How to Get Started with Binance “Learn & Earn” and you can read for Terms & Conditions. then you can be joining this contest and win rewards. all quiz answers have been added to this page, don’t worry you can simply play this game and win a Binance crypto token balance.

What is Binance’s “Learn & Earn”? In light of the increased demand for blockchain knowledge, Binance is excited to announce its new education initiative: Binance Learn and Earn. Users can learn blockchain knowledge and complete quizzes for a chance to earn free crypto. Earn free crypto through learning Build your blockchain knowledge, complete quizzes, and earn free crypto.

Binance HIFI Quiz Answers

What is Hifi Finance (HIFI)? Hifi Finance is a decentralized lending protocol built on Ethereum that enables users to borrow against their cryptocurrency.

Eligible users will stand a chance to receive a predetermined amount of VOXEL, HIFI or tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.

Quiz Name	Binance Hifi (HIFI) Quiz Answers
Number of Questions :	10 to 20
Date:	25th May – 6th June 2023
Time	09:00 (UTC)
Win Rewards	Crypto Token
Number of Winners :	1st come 1st serve
Quiz Link	Visit Here

All KYC-verified users will be eligible to participate in this round of “Binance Learn & Earn”. Qualified users can begin to read the articles and watch the video(s) anytime from now and complete quizzes while token supplies last!

If you can Visit the link & Direct to participate binance learn & earn quiz answers and win rewards for the quiz start now!!!

Binance Hifi Quiz Answers –

Questions will be in a different order in your accounts.

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Q1) To what can Hifi Governance allocate the resources from the fee switch?

Answer: All of the above.

Q2) What is the role of Liquidators in Hifi Finance?

Answer: Sell off collateral and pay off debt for risky borrowers.

Q3) What is the purpose of Hifi Finance?

Answer: Provide a new way of lending and borrowing.

Q4) What is the role of HIFI token holders in Hifi Governance?

Answer: Both A and B.

Q5) What makes Hifi unique compared to other lending protocols?

Answer: Its fixed interest rate offering.

Q6) Who votes on which assets users can borrow against in Hifi Finance?

Answer: HIFI token holders

Q7) Who is responsible for managing the Hifi Lending Protocol?

Answer: HIFI token holders

Q8) What is the purpose of the fee switch in the Hifi Lending Protocol?

Answer: To capture an origination fee.

Q9) What are the three ways in which users can earn a return in Hifi Finance?

Answer: Lending, providing liquidity, and protecting the protocol from bad debt.

Q10) How do Liquidity Providers earn a reward in Hifi Finance?

Answer: Providing liquidity for interest-rate markets

Q11) Who manages the administrative functions in the Hifi Lending Protocol?

Answer: HIFI token holders

Q12) What is Hifi Finance (HIFI)?

Answer: A decentralized lending protocol built on Ethereum.

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Please Note: Do your research and recheck all answers before submitting, these answers are for reference purposes only

Eligible users will stand a chance to receive a predetermined amount of KNC or tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.

Please note:

• Users will not be able to participate in this activity once all rewards are distributed.
• The VOXEL reward is only available to users who have never subscribed to Simple Earn Locked Products before 2023-05-25 09:00 (UTC). VOXEL rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.

Also, New More Binance Learn & Earn Quiz Answers below list:

• Binance WODL Quiz Answers Today – All Crypto Wodl Words
• Binance Auto Invest Quiz Answers – Free Auto-Invest RDNT Trial Plan

How to Participate in the “Binance Learn & Earn Hifi Quiz Answers” – Win Hifi Token Rewards (HIFI)

1. First Of All, Visit The Link: Binance App / Web Site from Here:-

New Users: You Must use Binance Referral ID: 193714685 and Get an Extra Bonus of 40%

2. Now, Get Sign Up / Login into Your Binance Account

3. Then Visit the [Learn and Earn] landing page on Binance Academy.

Please note: that you need to complete Identity Verification/Full KYC for your Binance account to be eligible for the rewards.

4. Select a course and click [Start Course]. Follow the instructions to learn and complete the quiz. If you pass the quiz, you will be rewarded with a token voucher.

All the Binance Hifi Learn and Earn Quiz Answers are Above this page!!!

5. To check rewards distribution, go to [Reward history]. Please note that rewards will be distributed in 48 hours if you pass the quiz and are qualified for this campaign.

6. To redeem the reward, go to [Account] – [Reward Center].

Please note that the token voucher is only valid for 14 days from the day of distribution. Please claim your tokens before the voucher expires. You can learn how to redeem a voucher here.

Am I eligible for the “Learn & Earn” rewards?

The Binance “Learn and Earn” rewards are for targeted Binance users only. New users need to complete Identity Verification first before they can earn “Learn & Earn” rewards.

All verified users must read the article, watch the video(s), and answer all questions inside the quiz correctly in order to earn the rewards. If you fail to complete the quiz, you are not qualified for any awards.

Please note that only specific Binance users are eligible to receive rewards for certain campaigns. Please refer to the activity page for details. Binance reserves the right for final reward distribution.

You are not eligible for the rewards if your account does not comply with the Binance Terms of Use. We reserve the right to disqualify users deemed as wash trading or illegally bulk registered accounts, self-dealing or display attributes of market manipulation.

Terms and Conditions:

• All eligible users are required to complete KYC to receive rewards from this activity.
• Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. 
• Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.
• There will be caps imposed on the Amount of rewards available to eligible users per country/region.   
• Eligible users may complete multiple quizzes to claim multiple rewards. Users will not be able to participate in this activity once all rewards are distributed.  
• The actual value of the reward received is subject to change due to market fluctuation.
• For the VOXEL course only:
  • The VOXEL reward is only available to users who have never subscribed to Simple Earn Locked Products before 2023-05-25 09:00 (UTC).
  • Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.
  • Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.
  • For this activity, users may not redeem their digital assets/digital currencies in advance.
• For all remaining courses, excluding that on VOXEL:
  • Token voucher rewards will be distributed within 48 hours to qualified learners who pass the quiz. Users may check their rewards via Profile > Rewards Hub.
  • The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
• Binance reserves the right to terminate the activity at any time without prior notice.
• Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.
• Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.
• Additional promotion terms and conditions can be accessed here.
• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

FAQ:

What Is Hifi?

Hifi is a decentralized lending protocol offering fixed interest rate lending on the Ethereum blockchain. Borrowers can use Hifi to access the value of their crypto assets without having to sell them. With fixed interest rates, borrowers know exactly what they will pay before deciding to borrow.

Lenders can use Hifi to earn a predictable return, as the fixed interest rates provide a clear understanding of what they will earn before lending. Liquidity providers can earn fee-based rewards for providing liquidity to Hifi’s interest rate markets, and liquidators can earn profits by monitoring the protocol and liquidating risky debt positions to protect it from bad debt.