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Binance Learn and Earn Solv Protocol (SOLV) Quiz Answers

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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 Solv Protocol (SOLV) quiz answers (an on-chain platform).

Binance Learn and Earn Solv Protocol (SOLV) Quiz Answers

Question: What is SolvBTC?

Answer: A Liquidity Layer for Bitcoin.

Question: Which of the following is NOT a service offered by Solv Protocol.

Answer: Direct Bitcoin mining.

Question: Who can benefit from Solv Protocol’s services?

Answer: All of the above.

Question: How does Solv Protocol activate idle Bitcoin?

Answer: By enabling yields and financial services.

Question: What is the main advantage of using Solv Protocol for Bitcoin holders?

Answer: It offers a way to earn passive income without selling Bitcoin.

Question: What is one of Solv Protocol’s future plans mentioned in the article?

Answer: Tokenizing ETFs to bridge TradFi and DeFi.

Question: What is the primary goal of Solv Protocol?

Answer: To provide financial services for Bitcoin holders.

Question: What does xSolvBTC primarily offer?

Answer: Low-risk Bitcoin-denominated yields.

Question: How does Solv Protocol’s borrowing service help users?

Answer: By letting users borrow funds using Bitcoin as collateral.

Question: What is a feature of Solv Protocol’s Bitcoin Funds?

Answer: Over 40 investment strategies.

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