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435435
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Feb.15.2024 08:33:26 AM
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Supra Mission Answers
September 15, 2023 Last Updated: February 14, 2024 31 minute read
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Hey, Supranians!
Stuck in any of the SupraOracles mission quizzes and need answers?
You know you only get one shot at the quiz. Miss it, and you’ll have to wait for the next week’s mission quiz. I know you don’t want that.
That’s why I take the pains to read the mission lectures, understand them and ace the quizzes for you.
In this guide, you’ll find the SupraOracles quiz answers. I’ll keep updating this post with new SupraOracles mission answers, so you can always come back to this page for answers when new missions go live.
Bookmark this page for Supra Mission 42 answers.
Note: SupraOracles sets multiple questions per quiz. So, your quiz question might be different from another user’s. This means there will be many questions answered here. So, instead of scrolling endlessly on your browser to find your question,
use the Ctrl + F keys on your keyboard to search for your question on desktop
use the Find in page option to search for your question on mobile
The correct answer for each quiz question will be formatted in bold italics.
Let’s go!
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Supra Mission 41 Answers
Question 1: How does Supra’s Web3 automation handle cross-chain conditions?
Using an external system of intermediaries and validators.
With Supra’s natively integrated cross-chain communication via HyperNova.
Through centralized infrastructure and external triggers.
By creating a separate network of nodes for each blockchain.
Supra’s Web3 automation handles cross-chain conditions by using its built-in communication system called HyperNova.
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Imagine HyperNova like a special messenger that Supra’s blockchain uses to talk directly to other blockchains. This means Supra doesn’t need to ask for help from outside helpers or validators to communicate with other blockchains.
Question 2: What does Supra’s Web3 automation aim to become a headquarters for?
Siloed Smart Contracts
Centralized Crypto Exchanges
Cross-chain DeFi and Automation
Building Layer 3 Blockchains
Supra wants to be the main place where people can handle financial activities and automate transactions across different blockchains. It aims to make these activities more efficient and accessible by connecting different blockchains.
Think of it like a central hub where you can do all sorts of financial stuff, like trading assets, lending, borrowing, etc, but across multiple blockchains.
Question 3: How does Supra’s Web3 automation differ from other off-chain automation mechanisms?
It is not accessible for everyone.
It relies on a separate external network of nodes.
It integrates natively into Supra’s Layer 1, oracle, and HyperNova.
It uses centralized bots.
Supra’s Web3 automation is different from other off-chain automation because it’s built right into Supra’s main system.
Think of it as a part of Supra’s brain and nervous system, so it doesn’t need to rely on external networks or separate bots. It’s a superpower that’s built right into Supra itself, so it doesn’t need to call for help from outside, making it easy to use and super efficient.
Supra Mission 40 Answers
Question 1: Why does Supra’s vertical integration matter for blockchain development?
It adds more difficulties for developers
It increases latency
It adds security risks
It provides a seamless developer experience
Supra’s vertical integration matters for blockchain development because it makes things easier for developers.
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Instead of dealing with lots of different complicated parts, Supra puts everything together in one simple package. This means developers don’t have to worry about managing lots of different things or facing extra challenges.
It’s like having all the ingredients for a recipe in one easy-to-use box. So, Supra’s way of doing things makes life simpler for developers, which is really important for making better blockchain technology.
Question 2: What network design breakthrough does Supra utilize for its multi-service integration?
Asteroids and Comets
Tribes and Clans
Constellations and Stars
Satellites and Probes
Supra’s Tribes and Clans setup involves different teams (called tribes and clans) of workers (nodes) that constantly change who they work with. It’s like having a group of workers where the members change so frequently that no one can plan anything tricky together.
So, Supra’s use of Tribes and Clans enables it to integrate various services effectively and efficiently while keeping everything safe and organized, paving the way for an evolution of Layer 1 chains.
Question 3: What is the core consensus technology that powers the Supra network?
Jolteon consensus
Tendermint consensus
Starlight consensus
Moonshot consensus
The core consensus technology that powers the Supra network is the Moonshot consensus which outperforms the current leading consensus mechanisms in two ways.
It’s 54% faster when it comes to finality latency—the speed at which transactions are confirmed
It’s 40% better in block throughput—the number of transactions that can be processed per second
This means Moonshot is a significant improvement in speed and efficiency compared to the existing consensus mechanisms.
Supra Mission 39 Answers
Question 1: How will Supra encourage dApps to access their services?
Free access to services by staking in-demand tokens
Increasing fees for oracle services over time
Accepting only $SUPRA token in liquidity
Higher service fees for liquidity providers
Supra is rolling out the red carpet for dApps, letting them access services without reaching into their pockets directly. Instead of paying with traditional fees like oracles or dVRF, these dApps can just stake their in-demand tokens.
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It’s like bringing a special ticket to the party, and if the liquidity’s flowing right, they might even walk away with some extra loot. So, the key here is staking those tokens for a free ride on Supra’s services.
Question 2: Why is liquidity is crucial in Web3?
To create centralized control
To decrease user adoption
To increase transaction costs
To enable smooth asset exchange
Imagine Web3 as a bustling town with people trading their assets left and right. Liquidity is like the grease that keeps the wheels of trading turning smoothly.
It’s all about making sure people can easily swap their digital goodies for a fair price without hiccups. When there’s enough liquidity, it’s like a well-oiled machine – assets change hands seamlessly, and everyone’s happy.
So, in the wild world of Web3, liquidity is the secret sauce that keeps the exchange dance going without any awkward fumbles.
Question 3: What is the primary incentive for node operators to provide liquidity?
Decreased block rewards
Increased token supply
Earning both block rewards and liquidity fee-share
Token giveaways
So, the main reason those node operators toss their stuff into the liquidity mix is because they get two kinds of rewards:
Block rewards: Like finding gold nuggets while doing their job.
Liquidity fee-share: Imagine getting a slice of the pie every time someone swaps their digital goods in the Web3 marketplace.
So, it’s like doing a job and getting paid in gold nuggets and a slice of every trade pie. Now, who wouldn’t want that!
Supra Mission 38 Answers
Question 1: Why does Supra anticipate service fees for protocols like oracle and VRF to decline in the long run?
A shift towards closed-source protocols
Competition from other blockchain services
The inevitable trend in tech towards lower fees for services
They don’t think services fees will decline
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Supra believes that as their cool tech becomes more widespread and open-source, fees for these services in the blockchain world will likely follow the trend of going down.
Question 2: How does the Supra network plan to generate revenue in the future?
Generating revenue from cross-chain liquidity
Service fees on open-source protocols
Charging users for using the network
Through mining operations
Instead of relying solely on service fees for open-source protocols, Supra wants to make money by providing liquidity to various ecosystems, protocols, and big-time players in the decentralized finance (DeFi) space.
Question 3: Who benefits from Supra’s cross-chain liquidity network?
Only liquidity providers
Only dApp builders
Only the Supra network
Liquidity providers, dApp builders, and the Supra network
Everyone gets a piece of the good stuff. The folks who share their assets (liquidity providers), the ones creating cool stuff (dApp builders), and even the host of the show (Supra network) all benefit from Supra’s cross-chain liquidity network.
Supra Mission 37 Answers
Question 1: How does Supra’s DFMM differ from traditional AMMs?
DFMM integrates cross-chain liquidity networks and oracles
DFMM is limited to a single-chain environment
DFMM increases impermanent loss in trades
DFMM relies on centralized price data
Supra’s DFMM can connect and get information from many different places in Web3, not just its neighbourhood. This makes it more powerful because it’s not stuck on one planet (chain); it can go across planets (blockchains) to get reliable info and provide users with the best trading experience.
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On the other hand, traditional AMMs are like regular folks who can only stay in their neighbourhood (chain). They don’t have the superpower to explore and connect to other places.
Question 2: How does Supra’s DFMM and its cross-chain DEX benefit DeFi traders?
They limit trading to just one blockchain ecosystem
More accurate prices with maximum trading speed and efficiency
They enable trading of fewer number of assets
They silo down trading systems even more
Supra’s DFMM and its cross-chain DEX make trading for people like us way better.
Imagine you’re shopping for different things in different stores, but these stores are on different planets (blockchains). DFMM is like a super helper that brings all these stores together in one place, making it easy for us to buy and sell things from anywhere.
The cool part? It makes sure the prices are super accurate, like getting the best deals, and everything happens really, really fast. So, the benefit for us is like having a super-fast and smart shopping assistant that makes trading easy and quick.
Question 3: How does the integration of cross-chain liquidity networks and oracles within Supra’s DFMM create a major shift in DeFi?
It limits trading options for users
It increases slippage in trades
It disconnects markets from each other
It lays the foundation for an enshrined cross-chain Decentralized Exchange
Supra’s DFMM does something really cool – it’s like building a magical bridge between different places in the crypto world. Before, we could only trade on one planet (blockchain). But now, with DFMM, we can trade stuff between different planets.
So, the big change is like going from a small local market to a giant market that connects everything. It makes trading way more exciting because we’re not stuck in one place anymore.
Supra Mission 36 Answers
Question 1: What is the key impact of Supra’s DFMM on DeFi?
Makes DeFi more user friendly and boost adoption
Higher transaction fees
Slower DeFi adoption
Increased risk for traders
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Supra’s DFMM is like upgrading from a basic compass to an advanced navigation system, making the journey in the world of DeFi smoother for everyone. It helps avoid problems like high slippage and impermanent loss, making it easier for new traders to join the DeFi community without facing complicated issues.
Question 2: Where does DFMM get it’s price information from?
A single external AMM
Centralized authorities
Supra Oracles and a decentralized virtual order book
Exclusively it’s own liquidity pools
Question 3: What AMM problems does Supra’s DFMM solve?
AMMs lack any slippage while trading
High slippage and impermanence loss of AMMs
AMMs lack of centralized operations
AMMs are extremely user-friendly
High slippage occurs due to the price volatility of DeFi assets. This means you may get a much lesser value than what you bargained for during a trade because the price of the assets you’re trading changed before you finished the trade.
When investors provide liquidity in liquidity pools, they may end up with losses because of how volatile the trading pairs are.
Supra’s DFMM tries to make these surprises and losses less common when people trade in the crypto world.
Supra Mission 35 Answers
Question 1: Why did the concept of Automated Market Makers (AMMs) emerge in the world of Web3?
To eliminate the need for a centralized matching agent
To rely on centralized market makers
To centralize trading operations
To increase slippage in DeFi trades
In regular trading, there are middlemen who help buyers and sellers agree on fair prices. However, in the decentralized world of Web3, people wanted to trade without having to trust a central authority.
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So, AMMs use smart contracts and algorithms to let people trade directly with each other on a decentralized exchange like Uniswap or Balancer. This way, there’s no need for a middleman, making the trading process trustless and fully decentralized.
Question 2: What inherent drawbacks and risks does the AMM model still face in DeFi?
Perfect liquidity provision
Impermanent gains and decentralized operations
Low slippage and ideal risk mitigation
High slippage, impermanent loss, and less than ideal risk mitigation
Sometimes it’s hard for AMMs to handle the big price changes that occur with highly volatile tokens (high slippage).
And people who provide funds might not always make as much money as they hope. They may even end up losing money if the prices of the assets they provide change drastically (impermanent loss).
Also, the way AMMs protect against risks could be better.
Question 3: What does DFMM stand for, according to the mission?
Decentralized Fashion Market Model
Decentralized Football Metaverse Module
Dynamic Function Market Maker
Digitally Functioning Marketing Mechanism
Supra Mission 34 Answers
Question 1: How does Supra address the challenges posed by Oracle Extractable Value (OEV)?
By embracing predictability
By centralizing oracle networks
By increasing gas fees
By cutting out oracle latency and predictability with DORA
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Supra addresses the challenges posed by Oracle Extractable Value (OEV) by using DORA—Distributed Oracle Agreement Protocol. DORA helps in cutting out two main issues:
Oracle latency: The delay in getting information
Predictability: Knowing what will happen next
DORA ensures that Supra’s data-ships (oracle networks) don’t have delays and that their actions are not easily predictable. It randomizes the assignment of jobs to the network, preventing OEV tactics from manipulating the system.
It also ensures accurate crypto prices by using a sophisticated calculation process involving multiple data sources and a randomized crew.
In simple terms, DORA makes everything happen super fast (no waiting around) and it keeps things secret (you can’t easily guess what happens next).
Question 2: Why did Supra need to solve the problem of OEV?
To increase gas fees for users
To encourage toxic trading strategies
To centralize the DeFi ecosystem
To prevent the theft of value from well-meaning traders
Supra needed to solve the problem of Oracle Extractable Value (OEV) to protect traders from having their money stolen. OEV is a threat where bad actors try to manipulate the system and take profits from honest traders.
Supra’s solution, the DORA Protocol, helps prevent this kind of theft by making the system more secure and resistant to manipulation. So, the main goal is to safeguard the value and earnings of well-meaning traders.
Question 3: What does OEV stand for in the context of the mission?
Overly Exaggerated Value
Oracle Exchange Volume
Operational Extraction Venture
Oracle Extractable Value
Supra Mission 33 Answers
Question 1: In traditional proof-of-work blockchains, who has the opportunity to extract value from liquidation events?
Validators
Miners
Traders
Delegators
Miners are the special builders in the proof-of-work blockchains. They arrange and process transactions, and when things like liquidations happen, they can take advantage by arranging their transactions in a smart way to get some extra value out of it.
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It’s like they’re playing a game and figuring out the best moves to win extra points when something important happens. So, in this case, it’s the miners who get the chance to win!
Question 2: Why are oracles considered crucial in the context of Oracle Extractable Value?
They facilitate decentralized voting and governance
They control the entire blockchain
They mine the underlying cryptocurrencies
They bring real-world data onto blockchains, triggering events like liquidations
Oracles act like messengers for blockchains, bringing in information from the real world. In the case of Oracle Extractable Value, this information is crucial for events like liquidations in decentralized finance.
Oracles play a big role in making sure the blockchain knows what’s happening in the real world, creating opportunities for extracting value.
Question 3: In a proof-of-stake network, what term is used for the phenomenon similar to Miner Extractable Value and Oracle Extractable Value?
Validator Dominance Quotient
Stakeholder Appreciation Value
Proof-of-Stake Liquidity
Maximal Extractable Value
Just like miners in proof-of-work and oracles in DeFi, validators in proof-of-stake networks can extract value by influencing the order of transactions in the blocks they publish.
In other words, validators can make the most out of the opportunities available by arranging transactions in a certain way when they add them to the blockchain.
This is known as Maximal Extractable Value.
Supra Mission 32 Answers
Question 1: What is one of the main objectives of the price discovery mechanism in Supra’s Liquidity Network?
Prices determined by arbitragers
Fairer and more accurate prices
Fixed and static prices
Inaccurate prices for arbitrage opportunities
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The main objective of the price discovery mechanism in Supra’s Liquidity Network is to ensure that when you’re trading goods or assets across different markets, everyone gets a fair and honest deal.
Supra’s decentralized cross-chain oracle helps gather and verify the right prices, making sure traders get the best value for their money across all these different markets.
Question 2: What risk do liquidity providers face in the current state of isolated DeFi markets?
Legal compliance risk
High liquidity risk
Counterparty risk
Impermanence loss for liquidity providers
Imagine you’re running a lemonade stand on different streets, but each street has its own way of deciding how much they’ll pay for lemonade. It’s like you’re selling the same lemonade, but the prices are all over the place.
Now, if you want to sell your lemonade on all these streets and make good money, it’s a problem. Why? Because the prices are not the same everywhere. You might sell it for $1 on one street, but the same lemonade could be $2 on another street.
This difference in prices is a big issue for people providing the lemonade (liquidity providers). They face the risk of losing money because the prices are not in sync. It’s called impermanence loss because the prices are not permanent or consistent.
That’s the risk these lemonade sellers (liquidity providers) deal with in the current setup of different streets with different prices.
Question 3: How does Supra’s Cross-chain Liquidity Network solve price gaps across different DeFi marketplaces?
By introducing a new consensus algorithm
By integrating Supra’s decentralized cross-chain oracle
By creating separate liquidity pools for each market
By limiting the number of liquidity providers
Imagine the different markets across several blockchains, each doing its own thing and setting prices differently. Supra’s Liquidity Network solves the problem of these different prices by using its oracles.
Supra Oracles help to collect and confirm fair prices for assets and goods across all these markets. So, instead of each market doing its own thing, they all get on the same page with the right prices, making it simpler for everyone involved.
Supra Mission 31 Answers
Question 1: What core DeFi principle will Supra’s Cross-chain Liquidity Network reinforce?
Decreasing access to different blockchains
Limiting decentralization
Enhancing friction in transactions
Enabling more widespread decentralization across blockchains
Imagine you have different playgrounds (blockchains), and each playground has its own set of toys (assets).
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Normally, you can only play with the toys in your playground. But Supra’s Cross-chain Liquidity Network is like a magical bridge that lets you play with toys in all the other playgrounds, not just yours. This means you have more options and can move around freely.
And the best part is, it still keeps the rule that everyone can play with their toys without a boss or central authority telling them what to do. So, it’s like making sure everyone can have fun and share their toys, no matter which playground they’re in.
Question 2: What will be the primary focus of Supra’s Cross-chain Liquidity Network?
Limiting DeFi to a specific blockchain ecosystem
Opening DeFi doors across all chains
Enhancing centralized control over liquidity
Streamlining transactions in a single blockchain
Think of DeFi as a big party where people can trade and exchange stuff.
Usually, this party happens in separate rooms (blockchains), and you can only trade with people in the same room as you. But Supra’s Cross-chain Liquidity Network is like opening doors between all the rooms, so everyone at the party can trade with each other, no matter which room they’re in.
It’s like making the party more fun and exciting by connecting all the different rooms.
Question 3: What key benefits will Supra’s Cross-chain Liquidity Network provide to DeFi users?
Limited access to assets across different ecosystems
Decreased accuracy in asset prices
Faster and smoother trading experiences across an interconnected Web3 landscape
Slower execution speeds and increased friction
Imagine you’re trading cards with friends in different neighbourhoods (blockchains). Normally, it might take a long time to trade because you have to travel between neighbourhoods, and sometimes the information about the cards isn’t very accurate.
But with Supra’s Cross-chain Liquidity Network, it’s like having a super-fast teleporter that lets you trade cards quickly and smoothly, no matter where your friends are. This makes the trading experience way better and more fun.
Supra Mission 30 Answers
Question 1: What problem does Supra aim to solve with its Cross-chain Liquidity Network?
Managing Information hubs for digital content
Establishing centralized control over liquidity
Enhancing liquidity within a single blockchain
Fragmentation of liquidity pools across different blockchains
Imagine blockchains as different planets, each with its own market (liquidity pool). These markets can’t talk to each other; they’re stranded on their own planet.
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Supra’s solution is like building a magical network that connects all these markets, so things like value and assets can move freely between planets. The problem Supra wants to solve is like saying, “Hey, let’s stop these markets from being stuck on just one planet and connect them all.”
Question 2: Why do we need liquidity pools connected across different networks?
To avoid competition between different blockchains
To reduce liquidity within a single blockchain
To facilitate centralized control over liquidity
To let anyone move freely across blockchains with their assets and tokens
Imagine different planets (blockchains), each with its own market (liquidity pool). If these markets can’t talk to each other, they’ll be stuck on their own planets without knowing what’s happening on the other planets. That means folks miss out on good stuff happening on other planets, like cool trades and new developments.
Supra’s idea is to connect these markets, so everyone can freely move between planets with their stuff (assets and tokens).
Question 3: Why are pre-existing liquidity pools stranded on their blockchains?
Because they have no native way to reach other blockchains
Because they don’t have value
Because they lack popularity
Because they are centrally managed
Imagine each blockchain as a planet, and the liquidity pools are markets on these planets. The problem is that these markets (liquidity pools) are stuck on their own planets (blockchains) and can’t easily reach other planets.
They need a spaceship (like Supra’s Cross-chain Liquidity Network) to travel between planets and connect them all.
Supra Mission 29 Answers
Question 1: Why are liquidity pools considered decentralized in nature?
Operated on a private blockchain
Managed by a single governing body
Exclusively available to permissioned users
Community-provided liquidity from a distributed network of providers
Liquidity pools are like shared spaces where people put their cryptocurrencies for trading. What makes them decentralized is that they’re not controlled by one person or group.
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It’s like a bunch of friends or community members coming together to contribute their stuff (cryptocurrencies, in this case) to a shared warehouse (liquidity pool) where everyone can trade without needing someone in charge.
Question 2: What role do liquidity pools play in the decentralized finance (DeFi) space?
Gaming platforms for crypto enthusiasts
Social hubs for cryptocurrencies
Decentralized governance platforms
Facilitate trade and exchange of cryptocurrencies and digital assets
Liquidity pools play the role of facilitating trade and exchange of cryptocurrencies and digital assets in the decentralized finance (DeFi) space.
Imagine liquidity pools as busy marketplaces in the world of crypto. They’re the places where people can easily trade and exchange their crypto without the need for a middleman or central authority.
Question 3: Who are the providers in the context of liquidity pools, and what role do they play?
Cryptocurrency developers
Centralized operators managing liquidity
Crypto users who trade on DeFi platforms
Community members providing liquidity in exchange for fees
The providers in the context of liquidity pools are the community members who share their crypto in the pool. Their role is to ensure there’s enough crypto for buyers and sellers to trade. In return, they get a share of the fees from the trades that happen in that marketplace.
In simpler terms, providers are community members who share their crypto to make trading possible, and they get a little something back for doing so.
Supra Mission 28 Answers
Question 1: Which term is used to describe Supra’s bridgeless cross-chain communication capabilities?
ChainConnect
MegaBridge
InterLink
HyperNova
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Supra’s HyperNova is like a portal that lets different blockchains talk to each other easily, making it super convenient for people to move around Web3. It’s like having a secret passage between different parts of the internet, and Supra’s HyperNova is the key to unlocking it.
Question 2: What is Supra’s role as an IntraLayer in the Web3 landscape?
Graphic design services
Data analysis services only
Social networking platform
Infrastructure and interoperability hub
Supra’s role as an IntraLayer in the Web3 landscape is like being a superhero hub for infrastructure and interoperability.
Imagine Supra as the go-to place where superheroes (builders and developers in the Web3 world) can find all the tools they need to create cool things like apps or projects.
It’s all about providing essential tools and making it easier for these superhero builders to work across different parts of the Web3 world.
Question 3: How is Supra transforming the Web3 landscape for builders?
By making the lives of builders more challenging
By focusing on a single essential tool
By limiting access to its infrastructure
By providing essential services on a decentralized, interoprable network
Supra is like a toolbox for builders in the Web3 world. It makes their job easier by putting all the important tools and services they need, like oracles, VRF and automation, in one handy place, saving them time and effort.
So, Supra helps builders by giving them everything they need on a super cool, easy-to-use network.
Supra Mission 27 Answers
Question 1: How does the Supra Network manage its node groups’ involvement in different services?
A single node group manages all services
Randomly assign and regularly reshuffle nodes in sub-committees
All nodes are involved in every service
Clans determine the services they want to be involved in
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The Supra Network comprises different groups of computers—nodes, and it uses these groups for different jobs. Instead of having one group do all the work, it splits the work into smaller teams—clans.
Supra Network doesn’t always keep the same groups for the same jobs; it shuffles the groups around randomly. This helps keep things safe and makes everything faster.
So, it’s like having different teams that switch tasks to make everything work better and safer.
Question 2: What does Supra refer to the smaller node groups within its network as?
Squads
Parties
Clans
Teams
Question 3: What does the Supra Network’s approach to service security and decentralization resemble?
A top-down hierarchy
Traditional web2 network
Decentralized microservice architecture
A single workforce managing everything
Supra’s way of making its network safe and spread out is a bit like how big tech companies organise their work. They break tasks into smaller groups, making things faster and more secure. So, it’s like when you have smaller teams working on different parts of a big project to get it done better.
Supra Mission 26 Answers
Question 1: Which term best describes Supra’s network that integrates multiple infrastructural and interoperability solutions?
OmniChain
SupraScape
IntraLayer
InterLayer
The term that best describes Supra’s network that integrates multiple infrastructural and interoperability solutions is IntraLayer.
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IntraLayer is a unique term used to emphasise that Supra’s network is distinct because it combines various tools and solutions into a single, integrated system. Think of it like mixing different ingredients to create something special. That’s what Supra does with its network.
Question 2: What is the Moonshot consensus’ improvement over the current leading consensus mechanism?
It’s 54% faster in finality latency and 40% better in block throughput
It doesn`t have any significant performance improvements
It’s 30% faster than the existing consensus mechanism
It only improves finality latency, not block throughput
Moonshot consensus outperforms the current leading consensus mechanisms in two ways.
It’s 54% faster when it comes to finality latency—the speed at which transactions are confirmed, and it’s 40% better in block throughput—the number of transactions that can be processed per second.
This means Moonshot is a significant improvement in speed and efficiency compared to the existing consensus mechanisms.
Question 3: When Moonshot consensus is integrated into Supra’s network, what does it boost?
Just the network`s internal transactions
All of Supra`s protocols and services
Only cockpit of the spaceship
Only the oracle service
When Moonshot consensus is introduced into Supra’s network, it doesn’t just affect one part; it improves the performance of the entire network, including all the different protocols and services.
Supra Mission 25 Answers
Question 1: How much block throughput improvement does Supra’s Moonshot consensus have compared to the prevailing state-of-the-art?
Exactly 32%
Over 54%
Under 20%
Exactly 45%
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Supra’s Moonshot consensus has over 54% block throughput improvement compared to the prevailing state-of-the-art. It processes transactions and data much faster than the previous consensus mechanisms.
Question 2: How does Moonshot’s rapid block finality and increased throughput benefit various use cases on the blockchain?
It improves performance across all blockchain use cases it reaches
It reduces transaction security
It complicates DeFi transactions
It has impact on limited blockchain use cases
Moonshot makes everything on the blockchain work better.
It’s like if you had a magic potion that made your computer games, videos, and other stuff on the internet load really quickly.
So, it’s good for everything people do on the blockchain, like DeFi transactions, NFT trading, token swaps, you name it. Moonshot just makes everything faster and better.
Question 3: How does Supra’s Moonshot improve speed and performance impact blockchain applications?
It makes blockchain activities more costly
It slows down blockchain activities
It has no impact on blockchain applications
It enhances the speed, security, and accessibility of blockchain transactions
Moonshot makes the things people do on the blockchain faster, safer, and easier. It’s like a super-speed boost for everything on the blockchain, so it’s more convenient and secure for users.
Supra Mission 24 Answers
Question 1: What is the benefit for Blast Off players in this token sale?
They can get $SUPRA tokens at a higher price than others
They can get a refund if they change their minds
They get to skip verification and KYC steps during the public sale
They can participate in the sale at a later date
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The benefit for Blast Off players in the $SUPRA token sale is that they get to skip verification and KYC (Know Your Customer) steps during the public sale.
This means they don’t need to go through the usual process of verifying their identity, which can be a bit of a hassle. So, they can participate more easily and quickly in the token sale compared to others who have to go through those extra steps.
It’s a great advantage because it makes it more convenient for Blast Off players to join the sale and get their $SUPRA tokens.
Question 2: Which digital token can be used to participate in the sale?
BEP-20 $USDC
ERC-20 $USDT
ERC-20 $ETH
ERC-20 $USDC
The digital token you can use to participate in the $SUPRA token sale is ERC-20 $USDC. This is USDC on the Ethereum blockchain.
USDC is the token; Ethereum is the network the token operates on. ERC-20 is the standard used on the Ethereum blockchain.
So, if you want to be part of the presale, ensure you have USDC on Ethereum.
Supra Mission 23 Answers
Question 1: Why is tokenomics important in blockchain projects?
It determines the color and design of blockchain tokens
It helps align incentives, promote participation, and foster decentralization
It is the only factor that shapes the user experience of blockchain applications
It defines the encryption algorithms used for token storage
Tokenomics is like the rulebook for how digital tokens work in a blockchain. It’s not about the colours or design, and it’s not just for looks.
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It’s super important because it decides how tokens encourage people to join in, participate, and ensure power isn’t all in one place. In other words, it helps ensure everyone plays fair and keeps things decentralised. So, it’s not about the colours or how things look but more about how it makes sure everyone’s on the same page in the blockchain world.
It’s like designing a game. You want the game’s rules to be fair so everyone wants to play and no one has too much power. Tokenomics is like creating those fair rules for the blockchain to be a good and fair system for everyone.
Question 2: How does the $SUPRA token promote decentralization?
By allowing only VCs to participate in the network
By involving the community and active participants in its tokenomics
By concentrating token holdings in a few large wallets
By allocating tokens to a central authority for decision-making
The $SUPRA token promotes decentralisation by ensuring it’s not controlled by a small group of people or a central authority. Instead, it involves the community and active participants in how the tokens are used and distributed.
In other words, it gives power to the people actively using and supporting the network, a key aspect of decentralisation.
The $SUPRA token ensures that many community members have a say and get tokens. This way, it makes the network fair and spreads control to many people. So, it promotes decentralisation by making sure everyone has a chance to be part of it.
Question 3: What does tokenomics refer to in the blockchain context?
The economic principles underlying the creation and operation of digital tokens
The study of physics used in blockchain transactions
The security protocols used to encrypt token transactions
The process of token minting on a database
Tokenomics in the blockchain context refers to the economic principles that govern how digital tokens are created and how they work within the blockchain ecosystem.
It’s about the rules and systems that determine how these tokens are used, who gets them, and what they can do in the blockchain network. It’s not about physics or security protocols; it’s all about the economics of digital tokens in the blockchain world.
Supra Mission 22 Answer
How does the $SUPRA token extend its utility beyond its native network?
By exclusively serving as a staking token.
By integrating with 40+ different blockchain networks and counting.
By providing services only within its ecosystem.
By restricting its use to one specific blockchain.
The $SUPRA token isn’t stuck on just one crypto network; it can work on many. It’s like a master key to open many different doors. So, it’s not limited to just one blockchain, and that’s why it can do more things.
Supra Mission 21 Answers
Question 1: How many utilities of the $SUPRA token are explained in this mission?
Eight
Five
Six
Seven
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Supra Mission 21 explains six utilities of the $SUPRA token:
Staking token: You can lock up $SUPRA tokens to help keep the network secure and get rewards for doing this.
Work token: $SUPRA tokens let you do jobs on the network and get rewards for that work.
Gas token: $SUPRA is the native token of the Supra blockchain. So, you’ll need it to pay for transaction fees (gas fees) on the Supra blockchain. $SUPRA tokens ensure transactions happen smoothly on the network and prevent it from getting clogged.
Subscription token: Holding $SUPRA tokens gives builders discounts on certain network services, like a membership card for discounts at a store.
Data access coin: $SUPRA tokens are like a special key to access important information on the network.
Decentralized governance: If you hold $SUPRA tokens, you can make important decisions about how the network works. But you have to earn the right to make those decisions by doing good things for the network, not just by having lots of tokens.
Question 2: How does the $SUPRA token contribute to network security?
It offers discounts on token purchases
Users can lock their tokens to enhance network security and earn rewards
It operates as a weather prediction tool
It has no role in network security
The $SUPRA token contributes to network security by allowing users to lock their tokens to enhance network security and earn rewards. This means you can help make the Supra network safer by locking up your $SUPRRA tokens, and you’ll get rewards for doing so.
Question 3: How does the $SUPRA token encourage long-term user loyalty?
It rewards loyalty with higher fees
It has no impact on long-term partnerships
It only rewards new users
It rewards loyalty with discounted access to network services
The $SUPRA token rewards long-term user loyalty with discounted access to network services. This means that the more $SUPRA tokens a builder holds over time, the more they can save on using various services on the network.
Supra Mission 20 Answers
Question 1: What does Supra’s HyperNova provide beyond just bridging assets in Web3?
Universal translation and communication between blockchains
Exclusive NFT collections
AI-powered asset management
Enhanced mining capabilities
See also: Orbaic Mining Quiz Answers
Supra’s HyperNova goes beyond just moving assets between different blockchains. It acts like a universal translator and allows different blockchains, like isolated planets, to talk to each other and share information.
This means it helps them communicate and work together, which is really important in Web3 (the internet’s next phase). It’s like helping planets from different solar systems understand each other’s languages and talk to each other.
Question 2: How does Supra’s HyperNova transform Web3?
By creating isolated blockchain communities
By limiting opportunities for cross-chain connections
By reducing the number of available dApps
By cryptographically connecting blockchains and their communities across Web3
Supra’s HyperNova transforms Web3 by creating strong connections between different blockchains and the communities that use them.
It does this using cryptography, a secret language used to keep information safe from people who shouldn’t see it. This connection allows people and projects on different blockchains to work together and share things, making Web3 more connected and collaborative.
It’s like building bridges between islands so everyone can visit and trade freely.
Question 3: How does Supra’s HyperNova benefit multi-chain gaming?
It can expand the player pool across different blockchains
It increases in-game currency values
It allows for faster local gameplay
It enhances graphics and sound quality
Supra’s HyperNova helps multi-chain gaming by allowing players from different blockchains (like different gaming communities) to join and play the same game. This means more people can join the game, making it more exciting and competitive.
Imagine if your favourite game could include players from all over, not just your neighbourhood. That means more friends to play with, making the game more awesome!
Supra Mission 19 Answers
Question 1: How does Supra HyperNova benefit DeFi traders in cross-chain scenarios?
By preserving the security guarantees of the source chain
By making all cross-chain transactions fee-less
By outsourcing security to a small bridge node network
By introducing a much slower layer of security
Supra HyperNova helps DeFi traders when they want to move their assets between different blockchains (cross-chain). It does this by keeping the security of the blockchain where the assets come from (the source chain) safe and secure.
It’s like a superhero protecting your money when you move it to a new place.
Question 2: How does Supra HyperNova impact the risk-reward equation for cross-chain DeFi traders?
It makes risk decisions less calculated
It increases risks associated with cross-chain transactions
It eliminates all risks entirely from DeFi trading
It levels the playing field by removing conventional bridge-related risks
Before HyperNova, when traders wanted to move their assets between different blockchains, they had to use bridges, which could be risky. HyperNova eliminates the need for these risky bridges, so all traders are on the same level playing field.
This means traders can focus on trading without worrying about extra risks from using bridges.
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Question 3: How does Supra HyperNova achieve cross-chain interoperability without compromising security?
By translating the source chain’s proof into a universally verifiable proof
By creating a new security bridge for each chain
By outsourcing security to a separate bridge network
By introducing a one time use layer of cryptographic complexity
Supra HyperNova helps different blockchains understand each other without giving up their security.
It does this by taking the proof (like evidence) from the blockchain where your assets are (the source chain) and turning it into a special proof that all the other blockchains can read and agree on. It’s like speaking a language everyone understands while keeping things safe.
So, Supra HyperNova makes different blockchains work together by translating their proofs into a language they all understand without losing security.
Supra Mission 18 Answer
Question: Where does HyperNova’s cross-chain bridgeless technology get its security from?
The cryptographic proofs of the origin chain’s consensus as well as Supra’s consensus
Only from Supra’s IntraLayer Security Guarantee
HyperNova isn’t secure
Only from the origin chain, such as Ethereum’s cryptographic proof
HyperNova’s cross-chain bridgeless technology stays secure by using two things:
The security of the original blockchain: This is like the security guards on the planet where you have your assets. They make sure your assets are safe.
Supra’s security: This is like having extra security guards from Supra who double-check everything to ensure it’s safe to move your assets.
Supra Mission 17 Answer
Question: What are bridges used for?
For maintaining verifiable records of assets
To make it easy to sign into apps
For moving within the same blockchain
To move between two unique blockchains
In the context of Web3, bridges are used to connect two blockchains.
These blockchains are like unique planets with their own rules and systems. So, you need a bridge when you want to move assets or data from one blockchain (planet) to another.
It’s like an interplanetary connector that allows you to cross between blockchains.
Supra Mission 16 Answer
Question: Which projects can be referred by SNAP Affiliates?
Only gaming
Only L1s and L2s
Only DeFi
Any project on available networks
SNAP affiliates can refer and earn rewards for bringing in any project that wants to benefit from Supra’s services, regardless of its category or network.
Supra Mission 15 Answer
Question: How much discount does SNAP offer dApps for the first 6 months?
90% off
50% off
75% off
100% off
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Supra Mission 14 Answer
Question: What is the purpose of randomization in DORA?
It makes the protocol easier to manipulate
It secures the protocol from manipulation
It decides the number of clans in the tribe
It decreases the aggregators in the network
Supra uses randomization within DORA to protect the protocol from manipulation by hackers and bad actors. By randomly shuffling the nodes (or drones) into different groups (tribes and clans) regularly, even if a hacker manages to infiltrate the network, they won’t know which group they’ll end up in next.
This makes it extremely difficult for them to manipulate the data because the network structure keeps changing. It’s like changing the lock code on a safe all the time to keep thieves out.
So, randomization aims to keep the data secure and protect it from being tampered with by dishonest folks.
Supra Mission 13 Answer
Question: Which of the following is true about the impact of Supra VRF on Web3 gaming?
Enabling unfair advantages for select players
Ensuring fair and unpredictable outcomes
Limiting the creativity of game developers
Slowing the overall gaming experience
Supra VRF makes Web3 gaming better by ensuring the game is fair, and the results are unpredictable. This means no player can have an unfair advantage, and the game is like a level playing field for everyone.
It’s like having a referee in a soccer game who makes sure that nobody cheats and the game is exciting and fair for everyone playing. So, it’s all about ensuring the game is fair and unpredictable, which is great for gamers.
Supra Mission 12 Answer
Question: How does Supra VRF achieve a decentralized process?
By keeping all computations on one node
By utilizing a threshold signature generated by a randomized VRF committee
By keeping verification off-chain
By relying on centralized nodes
Supra randomized VRF committee consists of multiple nodes, each contributing to generating the random outcome. These nodes are a bunch of computers working together, not just one.
Imagine you’re trying to pick a random item from a list, and instead of relying on one person to do it, you have a group of people, each picking a part of the choice. This way, it’s more fair and secure. That’s how Supra’s randomness works.
You can also think of Supra’s VRF as a group of cowboys deciding on a random prize for your lootbox in a video game. Instead of just one cowboy, they have several.
Each cowboy does a part of the work, and when they all agree, you get your prize. This makes it fair and secure because no single cowboy can cheat.
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Supra Mission 11 Answer
Question: What are the three key characteristics of good randomness for Web3?
Unpredictable, unbiased, verifiable
Predictable, biased, non-verifiable
Unpredictable, biased, verifiable
Predictable, unbiased, non-verifiable
Good randomness for Web3 should be:
Unpredictable: The randomness should be impossible to predict or anticipate. In other words, you shouldn’t be able to guess the random outcome. It should be like trying to predict the outcome of a fair coin toss – you can’t reliably guess heads or tails.
Unbiased: Randomness should not favour any particular outcome. It should be fair and not influenced by any external factors or biases. Think of it as a lottery where every ticket has an equal chance of winning. No outcome should be more likely than another.
Verifiable: You should be able to check and confirm the randomness on-chain to see that the random outcome was generated as claimed. It’s like being able to watch the live drawing of a lottery to ensure that it’s conducted fairly.
So, good randomness in Web3 is like a fair and unpredictable lottery that you can verify was conducted without any bias or manipulation. It’s a critical component for various applications, from gaming to securing blockchain networks.
Supra Mission 10 Answer
Question: Who does cross-chain interoperability help?
Individual Web3 explorers and users
Blockchain networks and ecosystems
dApp builders and developers
All of the above
Cross-chain interoperability:
Makes using different digital systems and apps easier for Web3 users
Helps blockchain networks and ecosystems work together better and connect like different pieces of a puzzle
Makes it simpler for dApp builders and developers to create apps that can be used in many places
So, it’s good for everyone who uses or makes things in the Web3 space.
Supra Mission 9 Answer
Question: How do Supra’s price feeds make DeFi better?
On-chain finality in close to 2 seconds
Advanced cryptographic security
Price feed accuracy and stability
All of the above
Supra’s price feeds make DeFi (which is like a space journey in the world of digital money) better in three big ways:
They make transactions super fast, almost like snapping your fingers. Imagine you want to buy something, and it happens almost instantly.
They use extreme security measures. It’s like having a super-locked vault for your money so no one can steal it.
They give you the right information about cryptocurrency prices. It’s like having a super-smart map that always shows you the correct way. This helps people make good decisions.
So, Supra’s price feeds are like a space guide for DeFi, making it faster, safer, and smarter for everyone.
Supra Mission 8 Answer
Question: What is the purpose of agreement distance in DORA?
To ensure accuracy in the final result.
To increase network efficiency.
To reduce the number of nodes in the network.
To prevent cyber attacks.
Think of it like this: Agreement distance helps DORA ensure that the data it uses is accurate. It’s like a filter that keeps only the most accurate data and throws out anything that’s way too different from the rest. This helps DORA provide the most trustworthy information. So, it’s all about making sure the data is right!
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Supra Mission 7 Answer
Question: What is the Tick-Start protocol of DORA?
A method to start a new round of agreement without waiting for earlier rounds to finish.
A way to measure the distance between data sources and the S-value.
A technique to shuffle the clan nodes to avoid collusion.
A strategy to validate the digital signatures of the clan nodes.
The Tick-Start protocol is like a timer that tells DORA when to start a new round of getting data. It doesn’t wait for the old round to finish; it just keeps going at a regular pace, like a clock.
This way, DORA quickly gets fresh data and keeps everything moving smoothly, like a well-timed spaceship. This helps keep the data fresh and up-to-date for the blockchain applications (dApps).
Supra Mission 6 Answer
Question: Which of the following is responsible for keeping DORA secure and consistently blazing fast?
Agreement Distance
Tick-Start DORA
Fallback Protocol
Randomization
All of the above
All the things listed work together to ensure DORA is safe and super quick.
Agreement distance checks data to ensure it’s not too crazy so we get good information.
Tick-Start DORA makes sure we always have fresh data.
Fallback protocol is like a backup plan that involves more people if something goes wrong so the data stays reliable.
Randomization keeps things mixed up to stop anyone from messing with the data.
Supra Mission 5 Answer
Question: Which NFTs in the metaverse need Supra’s speed, accuracy, and fast finality to change with real world events?
PFP NFTs
Static NFTs
Dynamic NFTs
None of the above
Dynamic NFTs are like special digital items that can change or improve based on what’s happening in the real world. Think of a sword in a game that gets stronger as you defeat more monsters or a baseball player’s card that updates when they hit home runs. These dynamic NFTs need Supra’s help to get updates quickly and accurately.
Other types of NFTs, like static ones that don’t change or PFP NFTs that are just for pictures, don’t need Supra’s help in the same way. So, Supra is important for the NFTs that can change with real-world events.
Supra Mission 4 Answer
Question: What is Supra’s security method that delivers better oracle decentralization, scalability, and performance?
Tribes and clans randomization method
Static node consensus method
Single node attestation method
Supra doesn’t need a consensus method
Supra keeps things safe and running smoothly by having different teams (called tribes and clans) of workers (nodes) that constantly change who they work with. It’s like having a group of workers where the members change so frequently that no one can plan anything tricky together.
See also: Orbaic Mining Quiz Answers
Supra Mission 3 Answer
Question: Can nodes reverse transaction finality before they’re written on Supra?
Nodes need a 51% majority to reverse Supra’s transactions
Reversing finalized transactions on Supra is easy
Blocks on Supra cannot be reversed after they are finalized
Nodes can reverse transactions without any majority
Once transactions are finalized and written on Supra’s blockchain, they are set in stone and cannot be reversed or changed. It’s like writing something in permanent ink; you can’t erase it once it’s done. This is an essential feature of Supra that ensures the security and integrity of the blockchain.
Supra Mission 2 Answer
Question: Which of the following is NOT true about Supra compared to other oracles?
It delivers better decentralization, security, speed, and data accuracy
It prevents oracle node collusion by ensuring randomness, others are prone to this
Supra has the fastest to full finality oracle service
Supra’s performance and security are at par with other oracles
Supra Mission 1 Answers
Question 1: What kind of data do oracles help smart contracts access on the blockchain?
Crypto data, such as prices of crypto coins, tokens, and NFTs
Financial data, such as stock prices and foreign currency exchanges
Real-world data, such as weather, news, sports scores, date, and time
All of the above
Oracles are like helpers that connect smart contracts on the blockchain to all sorts of information from the real world outside the blockchain. They make it possible for smart contracts to use this data to make decisions and do useful things.
Question 2: How much value was stolen from bridges in 2022 alone?
Around $2 million USD
Over $2 billion USD
Exactly $1 million USD
Under $1 billion USD
Come back on Wednesday, February 21, 2024, for Supra Mission 42 answers.
Is Supra Airdrop Legit?
Supra airdrop is legit, and you don’t need to spend money or buy crypto to join.
The airdrop is a Learn to Earn (L2E) campaign where you earn interesting Supra rewards by learning about the Supra blockchain and how it improves DeFi.
All you need to do is answer the SupraOracles mission quizzes to claim mission crates. So, you have nothing to lose. If you’re new to crypto, this airdrop is great for you as you’ll learn more about crypto as you participate in the campaign.
Ensure you follow the official Supra channels on social media and participate in their online community to get more updates and understand the project better.
Check out the Over Protocol airdrop and Marina Protocol airdrop if you’re interested in L2E airdrop campaigns. You get rewards for answering daily crypto quizzes.
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Join my Telegram channel for more crypto airdrop info and updates on SupraOracles. Feel free to ask questions in the Telegram group whenever you’re stuck or need help, and I’ll be happy to help.
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