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What are the answers to the Binance KNC quiz?

avatarFrank OlivierDec 26, 2021 · 3 years ago3 answers

I recently participated in the Binance KNC quiz and I'm curious about the correct answers. Can you provide me with the answers to the quiz questions? I want to make sure I understand the concepts correctly.

What are the answers to the Binance KNC quiz?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Here are the answers to the Binance KNC quiz: 1. The KNC token is used for governance and staking on the Kyber Network. 2. The total supply of KNC tokens is 210 million. 3. KyberSwap is a decentralized exchange powered by the Kyber Network. 4. KNC holders can participate in KyberDAO and vote on proposals. I hope this helps! If you have any more questions, feel free to ask.
  • avatarDec 26, 2021 · 3 years ago
    No problem! Here are the answers you're looking for: 1. The KNC token is primarily used for governance and staking on the Kyber Network. 2. The total supply of KNC tokens is 210 million. 3. KyberSwap is a decentralized exchange that allows users to trade ERC-20 tokens. 4. KNC holders can participate in KyberDAO and have voting rights on proposals. Feel free to reach out if you have any more questions!
  • avatarDec 26, 2021 · 3 years ago
    Ah, the Binance KNC quiz! Here are the answers you've been waiting for: 1. The KNC token is mainly used for governance and staking on the Kyber Network. 2. The total supply of KNC tokens is 210 million. 3. KyberSwap is a decentralized exchange where you can trade various ERC-20 tokens. 4. KNC holders have the opportunity to participate in KyberDAO and vote on important matters. I hope this clears things up for you! If you need any further clarification, feel free to ask.