Momo Billy
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Simplify the world but without trivialising it.
Congo (Congo-Brazzaville)
Joined February 2013
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Answer Daily quiz
#OverProtocol
date February 20, 2024.
Question: What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?
Answer: Stable Coin
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72
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41
Answer Daily quiz OverProtocol date February 27, 2024.
Question: What is the term for a token that enables the trading of staked coins by liquidating them?
Answer: LST ( Liquid Staking Token)
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Answer Daily quiz
#OverProtocol
date February 16, 2024.
Question: In a lending protocol, what is the function called that allows for lending, action, and repayment in a single transaction?
Answer: Flash Loan
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Every day, click to receive
57
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Answer Daily quiz OverProtocol date March 10, 2024.
Question: what is the name of the marketplace for trading real world assets in Over protocol?
Answer: OVERSPACE
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Answer Daily quiz
#OverProtocol
date February 17, 2024.
Question: Which of the following cannot be done with a flash loan?
Answer: Free Loan
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59
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Answer Daily quiz
#OverProtocol
date February 23, 2024.
Question: What is the name of the protocol that maximizes yields by managing assets to provide liquidity in DeFi?
Answer: Yield Aggregator
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Every day, click to receive Poin, claim,
78
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Answer Daily quiz
#OverProtocol
date February 4, 2024.
Question: What are the losses that liquidity providers may experience when the exchange rates for token trading pairs on a DEX increase significantly?
Answer: Impermanent Loss ( IL)
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60
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Answer Daily quiz
#OverProtocol
date February 21, 2024.
Question: What is not a method used to ensure price stability of stable coins?
Answer: Voting Method
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66
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Answer Daily quiz
#OverProtocol
date February 18, 2024.
Question: Flash loans, while useful, can be exploited to cause significant harm. Which vulnerability is exploited by attacks that instantaneously manipulate exchange rates using flash loans, triggering mass liquidations?
57
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Answer Daily quiz
#OverProtocol
date February 26, 2024.
Question: What is the name of the NFT project that attracted significant traffic in late 2017, highlighting Ethereum's scalability issues?
Answer: CryptoKitties
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Every day, click
61
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Answer Daily quiz
#OverProtocol
date February 14, 2024.
Question: In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases?
Answer: Liquidation
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Every day,
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Answer Daily quiz
#OverProtocol
date February 5, 2024.
Question: When trading on a DEX, what are the losses that can occur due to the differences between the time a transaction is sent and the time it is actually processed?
Answer: Slippage
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25
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Answer Daily quiz
#OverProtocol
date February 12, 2024.
Question: What is the name of the certificate received in return for providing liquidity to the lending pool in a lending protocol
Answer: Interest-bearing token
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Every day, click
28
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Answer Daily quiz
#OverProtocol
date February 3, 2024.
Question: What is the name of the certificate received in return for providing liquidity to a liquidity pool on a DEX?
Answer: LP Token
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Every day, click to receive Poin, claim,
25
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22
Answer Daily quiz
#OverProtocol
date February 15, 2024.
Question: What is the name of the tool that provides price information for liquidation in a lending protocol?
Answer: Price Oracle
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Every day, click to receive Poin, claim, answer
25
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Answer Daily quiz
#OverProtocol
date February 11, 2024.
Question: What do I receive when I provide liquidity to the pool?
Answer: Lending Pool
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30
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Answer Daily quiz
#OverProtocol
date February 9, 2024.
Question: What do we call a cryptocurrency loan service implemented on a blockchain?
Answer: Lending Protocol
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Answer Daily quiz OverProtocol date March 2, 2024.
What is the name of the method where a sequencer processes Layer 2 transactions using zero-knowledge proofs to generate and verify proof?
Choose one correct answer
- Optimistic Rollup
- Roller coaster up
- zk Rollup
-
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Answer Daily quiz
#OverProtocol
date February 6, 2024.
Question: When trading on a DEX, what is the loss that can occur when the size of the liquidity pool is small compared to the size of the transaction?
Answer: Price impact
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Every
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Answer Daily quiz
#OverProtocol
date February 2, 2024.
Question: What do we call the entity that provides liquidity to the liquidity pool on a DEX?
Answer: Liquidity Provider (LP)
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Every day, click to receive Poin, claim, answer
26
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Answer Daily quiz
#OverProtocol
date February 7, 2024.
Question: What benefits do liquidity providers gain from participating in the liquidity pool of a DEX?
Answer: Transaction fees
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30
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Answer Daily quiz
#OverProtocol
date February 8, 2024.
Question: Which of the following is not an advantage that DEX users gain?
Answer: High - frequecy trading
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Every day, click to receive Poin, claim, answer questions and Stake to
25
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Answer Daily quiz
#OverProtocol
date February 10, 2024.
Question: What is Lending Protocol’s lending method?
Answer: Collateral loan
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26
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Answer Daily quiz
#OverProtocol
date February 13, 2024.
Question: In a lending protocol, what is the maximum percentage of assets that can be borrowed based on the liquidity provided by the user?
Answer: ILTV (Loan to Value) ratio
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Answer Daily quiz OverProtocol date March 9, 2024.
What is the name of the program in OverProtocol that helps anyone easily run a node on a PC?
Choose one correct answer
- OverNerd
- OverBird
- OverNode
- OverCode
Answer: OverNode
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Answer Daily quiz
#OverProtocol
date February 1, 2024.
Question: What do we call the token trading pairs that DEX creates for AMM?
Answer: Liquidity Pool
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25
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Answer Daily quiz OverProtocol date March 1, 2024.
What is the term for a rollup that relies on the assumption that the sequencer processing transactions at Layer 2 is honest, and addresses malicious behavior through subsequent penalties?
Answer: OPTIMISTIC ROLLUP
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Answer Daily quiz OverProtocol date March 8, 2024.
What is the name of OverProtocol's offline pop-up event?
Choose one correct answer
- Time Over
- Makt Over
- Store Over
- GM Over
Answer: GM Over
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IMINATI is an elite organization of world leaders, business authorities, innovators,
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shoggoth disciple; cyberpunk activist; embracer of variance. Let it rip!
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