Binance Learn and Earn Solv Protocol (SOLV) Quiz Answers
Question: What is SolvBTC?
Answer: A Liquidity Layer for Bitcoin.
Question: Which of the following is NOT a service offered by Solv Protocol.
Answer: Direct Bitcoin mining.
Question: Who can benefit from Solv Protocol’s services?
Answer: All of the above.
Question: How does Solv Protocol activate idle Bitcoin?
Answer: By enabling yields and financial services.
Question: What is the main advantage of using Solv Protocol for Bitcoin holders?
Answer: It offers a way to earn passive income without selling Bitcoin.
Question: What is one of Solv Protocol’s future plans mentioned in the article?
Answer: Tokenizing ETFs to bridge TradFi and DeFi.
Question: What is the primary goal of Solv Protocol?
Answer: To provide financial services for Bitcoin holders.
Question: What does xSolvBTC primarily offer?
Answer: Low-risk Bitcoin-denominated yields.
Question: How does Solv Protocol’s borrowing service help users?
Answer: By letting users borrow funds using Bitcoin as collateral.
Question: What is a feature of Solv Protocol’s Bitcoin Funds?
Answer: Over 40 investment strategies.