Binance Crypto Learn and Earn EigenLayer (EIGEN) Quiz Answers


Binance Learn & Earn is a program that allows users to earn crypto rewards by completing courses and quizzes about cryptocurrencies and blockchain.

Binance Learn & Earn EigenLayer (EIGEN) Quiz Answers

Q1. Who are “operators” in the EigenLayer system?

Ans. People who run AVS software.

Q2. Who are AVS consumers in EigenLayer?

Ans. Projects that build applications using AVSs.

Q3. What are Actively Validated Services (AVSs)?

Ans. Decentralized services using EigenLayer’s pooled security.

Q4. Who benefits from EIGEN services?

Ans. All of the above.

Q5. What is the primary function of EigenLayer?

Ans. To aggregate and extend cryptoeconomic security.

Q6. What’s the main goal of EigenLayer?

Ans. Expand Ethereum’s security to new services.

Q7. What does AVS stand for in EigenLayer?

Ans. Actively Validated Service.

Q8. What is the primary benefit of EigenLayer for developers?

Ans. Reduced need to bootstrap a separate trust network.

Q9. Staking Eigen on EigenLayer allows users to secure Actively Validated Services (AVSs), including EigenDA, and earn rewards from AVS fees.

Ans. True.

Q10. What mechanism allows users to extend cryptoeconomic security on EigenLayer?

Ans. Restaking.

Post a Comment

Previous Post Next Post