Binance Learn and Earn is an education initiative where you can complete quizzes for free crypto.
To be eligible, you must verify your identity, read the article, and watch the video(s).
You need to answer all questions inside the quiz correctly to earn the rewards.
Get started: accounts.binance.com/register?ref=73583477 or use “73583477” as the referral code.
Open the Binance app > Pro > Menu > More Services > Gift & Campaign > Learn & Earn.
Tap on the “Start Learning” button on the ongoing activity and tap on “Start Quiz” after you’ve finished the course.
This guide contains the Binance Learn and Earn EigenLayer Quiz Answers (EIGEN).
Binance Learn and Earn EigenLayer Quiz Answers
Question: Who are “operators” in the EigenLayer system?
Answer: People who run AVS software.
Question: Who are AVS consumers in EigenLayer?
Answer: Projects that build applications using AVSs.
Question: What are Actively Validated Services (AVSs)?
Answer: Decentralized services using EigenLayer’s pooled security.
Question: Who benefits from EIGEN services?
Answer: All of the above.
Question: What is the primary function of EigenLayer?
Answer: To aggregate and extend cryptoeconomic security.
Question: What’s the main goal of EigenLayer?
Answer: Expand Ethereum’s security to new services.
Question: What does AVS stand for in EigenLayer?
Answer: Actively Validated Service.
Question: What is the primary benefit of EigenLayer for developers?
Answer: Reduced need to bootstrap a separate trust network.
Question: Staking Eigen on EigenLayer allows users to secure Actively Validated Services (AVSs), including EigenDA, and earn rewards from AVS fees.
Answer: True.
Question: What mechanism allows users to extend cryptoeconomic security on EigenLayer?
Answer: Restaking.
Further reading
Binance Learn and Earn Aptos (APT) Quiz Answers
Binance Learn and Earn Artificial Superintelligence Alliance (FET) Quiz Answers
