Binance Learn & Earn Quiz Answers: POLYX
Q1) What is Polymesh built for?
Answer: Security tokens
Q2) Who are Polymesh’s node operators?
Answer: Regulated financial entities only
Q3) How large is the securities market?
Answer: Hundreds of trillions of dollars
Q4) Can you earn staking rewards with POLYX?
Answer: Yes
Q5) Polymesh falls into which category of blockchain?
Answer: Public permissioned
Q6) How is POLYX classified under Swiss law?
Answer: Utility token
Q7) What consensus mechanism does Polymesh use?
Answer: Proof-of-stake
Q8) What are the key pillars of Polymesh?
Answer: Governance, identity, compliance, confidentiality, settlement
Q9) What are the next steps for Polymesh?
Answer: Stablecoins, MERCAT, Integrations, NFTS
Q10) Polymesh is the blockchain of?
Answer: Making tokenization accessible to institutions