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Check StatusA - Korean Won
B - Mongolian Tögrög
C - IMF SDR
D - US Dollar
E - All of the Above
A - Yes
B - No
A - 50,000
B - 500,000
C - 1,000,000
D - 2,000,000
A - Yes
B - No
A - yield farming
B - block rewards from other Proof-of-Stake networks
C - investment returns on protocol trading
A - vote on proposals
B - stake and get returns from block rewards
C - swap with other Terra stablecoins
D - all of the above
A - 50th
B - 20th
C - 10th
D - 3rd
A - Lending protocol using Band’s BTC/USD to determine liquidation ratio
B - Stablecoin protocol using Band’s ETH/USD feed to determine amount of stablecoin being lent
C - Derivative asset using Band’s Apple stock feed to track asset price on chain
D - Conditional payments using a custom oracle script on BandChain to verify real-world events
E - All of the above
A - Pre-determined datasets, crypto price feeds, limited scalability
B - Low transaction speed, transaction per second, high throughput
C - Sidechain scalability solutions, customized decentralized applications, inflation
D - Centralized oracle solution, whitelisted data providers, delayed data feeds
E - Low cost, real-time data, support for any data type, customizability, scalability and cross-chain compatibility
A - They’re not, this is a voluntary and open-source project
B - Everything is sponsored by partners, for now
C - The Band team is paying validators to run nodes
D - Validators and underlying stakers receive a data request fee and block reward
E - None of the above
A - To bring utility to the BAND token
B - To make the oracle network faster
C - To decrease the decentralized and level of trustlessness
D - Align economic incentive for validators to secure the oracle network
E - None of the above
A - Trade BAND token for profit
B - Give BAND tokens to validators
C - Participate in the governance process
D - Delegate or stake BAND for chosen validator(s)
E - Ask questions in the community
A - there is less participation in staking
B - there are more validators on the network
C - there are more community members
D - more fees are generated through the network, rewarding validators and stakers
E - there are stronger, more complex data requests
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The token distribution was completed on Oct 21, 2020
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The token distribution was completed on Oct 13, 2020
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The token distribution was completed on Oct 10, 2020
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