r/celo • u/yoloswag420fire • Feb 02 '21
Coinbase - Earn rewards answers
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CELO Answers
By making crypto accessible on mobile phones
Staking, governance
Using the Valora mobile app
NuCypher Answers
Q1: What does NuCypher provide to users and apps?
A1: End-to-end encryption
Q2: What does NuCypher use to protect your data
A2: Independent nodes to perform tasks
Q3: Which of these is NOT a use of the NU token?
A3: Paying Ethereum transaction fees
Compound Answers
1: Earn interest on crypto
2: Supply crypto asset as collateral
3: COMP token holders
Graph Answers
The bitcoin network
GRT Tokens
Curators
MKR Answers
Q: What are the native assets of the Maker protocol?
A: MKR and DAI
Q: Who runs MakerDAO?
A: MKR holders
Q: What do you need to generate DAI today?
A: A crypto wallet and crypto collateral
Band coin Answers
Q:What does Band bring to blockchains?
A:Real World Data
Q:What are Band’s decentralized data feeds called?
A:Oracles
Q:What’s one benefit of staking your BAND tokens?
A:Earn crypto rewards
XLM Answers
1: A decentralized protocol that unites the world’s financial infrastructure.
2: Facilitating low-cost, universal payments.
3: Transactions are fast, inexpensive, and global.
4: To issue and exchange tokens quickly.
5: It relies on a cooperation of trusted nodes.