What is EigenLayer? Quiz Answers Binance Learn & Earn

What is EigenLayer? Quiz Answers Binance Learn & Earn


What is EigenLayer Quiz Answers Binance Learn & Earn

This guide contains the Binance Learn and Earn EigenLayer Quiz Answers (EIGEN).


Binance Learn and Earn EigenLayer Quiz Answers


Question: Who are “operators” in the EigenLayer system?

Answer: People who run AVS software.


Question: Who are AVS consumers in EigenLayer?

Answer: Projects that build applications using AVSs.


Question: What are Actively Validated Services (AVSs)?

Answer: Decentralized services using EigenLayer’s pooled security.


Question: Who benefits from EIGEN services?

Answer: All of the above.


Question: What is the primary function of EigenLayer?

Answer: To aggregate and extend cryptoeconomic security.


Question: What’s the main goal of EigenLayer?

Answer: Expand Ethereum’s security to new services.


Question: What does AVS stand for in EigenLayer?

Answer: Actively Validated Service.


Question: What is the primary benefit of EigenLayer for developers?

Answer: Reduced need to bootstrap a separate trust network.


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

Answer: True.


Question: What mechanism allows users to extend cryptoeconomic security on EigenLayer?

Answer: Restaking.

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