Earn LUNA By Learning (or cheating)

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If you’re not following CoinMarketCap, you’ve probably missed the announcement of LUNA where one can earn LUNA tokens by learning about them and answering a couple of questions in a quiz. Supposedly, you can earn up to 10$ in $LUNA tokens.

To start learning and earning, follow this link, it will lead you to a page where you can watch three short videos and then start a quiz. Today I’ll be helpful and provide you with my answers which I hope are right.

The Requirements

It’s better that you watch those videos and learn because learning is great and knowing more gives you more options in certain situations. But if you don’t want to do it or don’t really understand the language, I’ll help you and provide you with the right answers.

First of all, you have to have an account on CoinMarketCap which you can create by pressing the sign-up button at the upper right corner of your screen.

Secondly, in the quiz, you will be asked to provide your Binance LUNA address and memo so you have to have an account on Binance. If you’re into crypto, you probably already have an account there so go to your wallet and find LUNA token address and memo. You will need them. If you’re not on Binance, press here and create your account.

The Quiz

Pre-Quiz

  • First, you will need to check the box to prove you’re human.
  • Then, you’ll need to agree to the terms and conditions of the quiz.
  • Next – you will be asked to provide the email address that is associated with your CMC account. The one you used to register on CoinMarketCap.
  • Last but not least you’ll be asked to provide your Binance LUNA address and LUNA memo in the next step.

Now comes all the questions you know the answers to because you watched the videos.

The real quiz

1.What Terra stablecoins exist?*

The right answer – All of the above (although they’re not above in the quiz)

2. Can anyone propose to mint a new stablecoin pegged to a new currency?*

The right answer – Yes

3. How many users does the Chai app have?*

The right answer – 2,000,000

4. Can you earn interest on your UST stablecoins using certain dApps?*

The right answer – Yes

5.How does the Anchor savings protocol give you interest?*

The right answer (in my opinion because I’m not really sure) – Block rewards from other proof of stake networks

6. What can you do with LUNA?*

The right answer – all of the above

7. Where does Terra rank in total accumulated transaction fees across all blockchains?*

The right answer – 3rd


That’s it! That’s the quiz. Complete it and you may earn up to $10 LUNA tokens. Who knows, maybe they’ll go mainstream!

ps. this post contains a referral link for Binance and it gives you 10% back on the trading commissions.

Until the next time, when we’re both rich!

BOI

BOI

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