Join 78,586 users and earn money for participation

Learn about 1inch & earn $5 of 1INCH tokens - CoinMarketCap Earn quiz answers

0 7 exc boost
Avatar for wantumeni
Written by   9
4 months ago

1inch "Learn & Earn" Campaign will run from July 16th to July 25rd.

What is 1inch?

1inch is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across all platforms. In order for a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs.

Before taking the quiz, make sure to learn about 1inch through the 4 lessons below. Even though I provide the answers, the whole purpose is to learn something new:

How to take the quiz?

Make sure to have a CoinMarketCap account and a Binance account (KYC verified) as you will need a Binance user ID to complete the quiz. The tokens will be dropped into your $1INCH spot account. 

Once you're all set, you can now take the quiz to which you will find the answers below.

  • To start using the 1inch dApp you have to:
    Connect your crypto wallet

  • What asset should be in your wallet to begin swapping tokens via 1inch?
    Just some ETH

  • What does the name of the 1inch gas token – “Chi” – initially mean?
    Mysterious energy used in martial arts

  • What is the Latin name of the Unicorn constellation?
    Monoceros

  • What is the role of 1inch’s Pathfinder algorithm?
    Finds the best routes to swap DeFi assets

  • To participate in the 1inch Network’s governance process you have to:
    Vote during specific annual periods

  • How many blockchains are currently connected to the 1inch Aggregation Protocol?
    Three

  • Add 1inch to your public watchlist and paste the URL
    ex: https://coinmarketcap.com/watchlist/605f6a56c7173f644f765318

If you successfully complete the quiz, you should receive $5 of 1INCH tokens as a reward. Note that the rewards are limited so hurry up, first come first serve! 

Thanks for reading.

 

Disclaimer: All information found on this article is for informational purposes only. I do not provide any personal investment advice so please make your own research before proceeding to any investment/trading actions.


Earn free crypto:
Coinbase
Binance
KuCoin
Presearch
Earnathon

Blogging:
Publish0x
Torum
read.cash

Crypto faucets:
PipeFlare ($ZEC)
Global Hive ($ZEC)
Horizen Faucet ($ZEN)
Womplay ($EOS)

0
$ 0.00
Avatar for wantumeni
Written by   9
4 months ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments