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Binance Learn and Earn PowerPool (CVP) Quiz Answers

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 PowerPool (CVP) Quiz Answers to get a 3 CVP principal reward for free.

Binance Learn and Earn PowerPool (CVP) Quiz Answers

Question: Which of PowerPool partners offers node-running software?

Answer: DappNode.

Question: What was PowerPool DAO focused on before the PowerAgent v2 dePIN network was developed?

Answer: PowerPool DAO developed and managed community-proposed smart baskets of assets called ‘Power Indices’.

Question: PowerPool is considered a dePIN network since the network participants run a physical (off-chain) infrastructure for facilitating network services. What kind of infrastructure particularly they run? Select the correct statement.

Answer: Keeper bots for signing transactions (user-owned Job execution).

Question: Which asset do PowerAgent Keeper nodes earn as gas compensation and operational reward?

Answer: The token used for gas payment in the network Keeper works – ETH in Ethereum, xDAI in Gnosis Chain, MATIC in Polygon.

Question: Is PowerPool created specifically for some L1 ecosystem?

Answer: No, PowerPool is chain agnostic and can be deployed on any EVM-compatible chain.

Question: What is PowerPool?

Answer: A dePIN network offering Transaction Signing as a Service tool.

Question: Select a correct example of an interval-type Job.

Answer: A DCA (Dollar Cost Average) strategy buying ETH every 12 hours regardless of price changes.

Question: Select a correct example of a Resolver-type Job.

Answer: A limit order buying ETH when it reaches the $2,500 price target.

Question: Select the correct description of Keeper in the PowerAgent network.

Answer: It is a node that signs transactions (executes Jobs) when selected by the PowerAgent network algorithm.

Question: How does the PowerAgent network secure honest behavior of Keeper nodes?

Answer: Through cryptoeconomic mechanisms, such as requiring CVP stakes that are slashed in case of misbehavior.

Further reading

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