BAND

Q1) All of these concepts are related to Band Token except for…

Answer: Cash incentives

Q2) Which sentence is incorrect?

Answer: Band Protocol leverages on-chain centralized oracles that link on-chain applications together.

Q3) Which characteristics differentiate Band Protocol from other oracle services?

Answer: Decentralization, maximum customization and flexibility, easy scalability, economical cost, interoperability, and cross-chain

Q4) Which ecosystem(s) has/have partnered with Band Protocol?

Answer: All are correct

Q5) Which of the following IS NOT a use case of the BAND token?

Answer: To secure a discount when requesting data

Q6) Which sentence is CORRECT?

Answer: BandChain’s Delegated Proof of Stake design and BAND token create a decentralized network.

Q7) What network is BandChain on?

Answer: Cosmos

Q8) Which characteristic DOES NOT correctly describe BAND Protocol?

Answer: On-chain DeFi protocol