Binance Academy Injective Quiz Answers

Binance Academy Injective Quiz Answers

Binance Academy is a cryptocurrency and blockchain education platform.

You can take the Beginner track and the Intermediate track to earn rewards.

Sign up here: accounts.binance.com/register?ref=73583477 or use “73583477” as a referral code.

Visit to get started binance.com/en/academy/courses/track/injective-the-layer-1-blockchain-built-for-finance/injective-basics/inj-tokenomics-community-buyback.

Once you are on the page, you must answer all the questions and submit the quiz.

This guide contains the Binance Academy Injective Quiz Answers to earn a share of 687 INJ (worth $5,000).

Binance Academy Injective Quiz Answers

Tip: Press CTRL + F to find the question and answer you are looking for!

Ask: What makes Injective unique compared to other blockchains?

Answer: It is one of the leading blockchains built specifically for finance

Ask: When did Injective join the Binance Incubation ecosystem?

Answer: 2018

Ask: Which of the following is not one of Injective’s core pillars?

Answer: Proof of work

Ask: What problem does Injective’s shared liquidity model help solve?

Answer: The TVL cold start problem

Ask: What roles does the INJ token fulfill in the ecosystem?

Answer: All of the above

Ask: During the monthly INJ Community BuyBack, what happens to the INJ captured by the community?

Answer: It is burned permanently

Ask: How is the INJ token economy designed to scale with application revenue?

Answer: Via programmable issuance and revenue-based burns

Ask: What do Injective’s WEb3 modules offer developers?

Answer: Plug-and-play financial infrastructure with direct functionality

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