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Crypto Bunkie Airdrops Education Reviews About Say Hi Search Search Recent Posts Orbaic Mining Quiz AnswersHow to Join the SynFutures Testnet: The Ultimate SynFutures Testnet GuideHow to Join the CARV Protocol Airdrop and Earn SOUL DailyNYM Token Airdrop: How to Join the Nym Airdrop and Ace the Learn & Earn QuizSigma Network Mining: Earn Free Sigma Tokens in the Sigma Network Airdrop Recent Comments Crypto Bunkie on Wild Cash Quiz to Earn Answers Emmanuel ebiabo on Wild Cash Quiz to Earn Answers Archives February 2024 January 2024 November 2023 October 2023 September 2023 August 2023 June 2023 March 2023 Categories Airdrops Education General Reviews Education Supra Mission Answers September 15, 2023 Last Updated: February 14, 2024 31 minute read SHARE 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! Join Countdown to Blast Off to earn prizes like 100 $SUPRA and much more 🚀 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. Claim $HOT Daily in the Near Protocol Airdrop🪂 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. Join the Notcoin Airdrop to Mine Notcoin Daily. More info HERE 👈 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. Join the Tabi Airdrop 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 Mine $MLD on Maldorini Network 💰💰💰 Download the Maldorini Network app on Google Play or App Store and sign up with this invitation code: Bu26990257492Cr 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. Mine $AZC daily in the AZCoiner airdrop. Claim your 4 AZC welcome bonus with my referral code: cryptobunkie 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 Earn SOUL daily in the CARV Protocol airdrop. Get more details here 👈 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. Claim Free $XR Daily in the XRADERS Genesis Airdrop Before April 01, 2024 🪂 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 XPLUS Airdrop: Mine XCOIN daily in the XPLUS app. Claim $4.88 worth of XCOIN with this invitation code: cryptobunkie 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. Athene Network Airdrop: Download the Athene Network app to earn $ATH daily. Sign up with this invite code: 54b1cc2fdc 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 eesee Airdrop: Join the eesee testnet with this invite code: ESE-0MRQ-D2R7 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). See also: Hot Crypto Gems You Can Collect Everyday (Mostly for FREE) in Five Seconds 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. JoyID Airdrop: Create Your JoyID Wallet to Claim Free JPoints Daily 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. Securechain Airdrop: Sign up to claim 50 $SCAI and mine daily to earn more $SCAI 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 Metapop Airdrop: Sign up now to claim free $MPC daily and BTC weekly 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 EtherMail Airdrop: Create your web3 email account on EtherMail and get 250 EMC 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. See also: Everything You Need to Know About Avive Airdrop 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% GRVT Airdrop: Earn GRVT points as an early ambassador 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 De.Fi Airdrop: Claim your daily XP on De.Fi 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. CoinSavi Airdrop: Download the CoinSavi app and start mining SAVI tokens daily 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 Join the Biswift airdrop to claim free $BSF tokens daily. Use this invitation code: 2ISN72R1ELB8 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. Collect your daily donuts on the Dopamine wallet 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 Avive Network Airdrop: Sign up to claim VV coins daily and BTC weekly 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. Mine ICE tokens daily by joining the Ice Network 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! See also: How to Buy Expensive NFTs Cheap 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. Discover More SupraOracles Updates 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. See also: Hot Crypto Gems You Can Collect Everyday (Mostly for FREE) in Five Seconds Education How to Buy Expensive NFTs Cheap Posted Byby Crypto Bunkie August 19, 2023 2 minute read Education Best Legit Crypto Mining Apps for Android or iOS to Earn Free Crypto Posted Byby Crypto Bunkie October 4, 2023 7 minute read Education Wild Cash Quiz to Earn Answers Posted Byby Crypto Bunkie March 3, 2023 16 minute read Your Crypto Companion

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logo menu Markets Buy Crypto Spot Futures Get $100 Gift Sign In Sign Up Downloads English | USD | Home / Learn / Crypto Basics BRC20 DEX: What is it and how does it work? Seth Rowden Spt 26, 2023 A BRC20 DEX is a decentralized exchange (DEX) that supports the BRC20 token standard. Let's take a closer look at this article for a better understanding. >>Claim Your Free $100 Gift! BRC20 DEX: What is it? A BRC20 DEX is a decentralized exchange (DEX) that supports the BRC20 token standard. BRC20 tokens are tokens that are built on the Bitcoin blockchain using the Stacks protocol. BRC20 DEXs allow users to trade BRC20 tokens in a decentralized manner. This means that users do not need to trust a third party to hold their tokens or to execute their trades. How does a BRC20 DEX work? BRC20 DEXs work by using smart contracts to execute trades. Smart contracts are self-executing contracts that are stored on the blockchain. When a user places a trade on a BRC20 DEX, a smart contract is executed to exchange the user's tokens for the tokens they are buying. BRC20 DEXs also use a variety of other smart contracts to provide features such as liquidity pools, limit orders, and stop-loss orders. Benefits of using a BRC20 DEX There are a number of benefits to using a BRC20 DEX, including: - Decentralization: BRC20 DEXs are decentralized, meaning that users do not need to trust a third party to hold their tokens or to execute their trades. - Security: BRC20 DEXs are built on the Bitcoin blockchain, which is one of the most secure blockchains in the world. - Transparency: All transactions on a BRC20 DEX are recorded on the blockchain, which makes them transparent and auditable. - Low fees: BRC20 DEXs typically have lower fees than centralized exchanges. Challenges of using a BRC20 DEX There are a few challenges to using a BRC20 DEX, including: - Complexity: BRC20 DEXs can be complex to use, especially for beginner users. - Liquidity: BRC20 DEXs are still relatively new, and they may not have as much liquidity as centralized exchanges. - Limited features: Some BRC20 DEXs may not offer all of the features that are available on centralized exchanges, such as margin trading and fiat currency onramps. Popular BRC20 DEXs Some of the most popular BRC20 DEXs include: - B20 by ALEX - BitcSwap - BitX BRC20 DEX Conclusion: BRC20 DEXs are a new and innovative way to trade BRC20 tokens. BRC20 DEXs offer a number of benefits, such as decentralization, security, transparency, and low fees. However, BRC20 DEXs can be complex to use, and they may not have as much liquidity or as many features as centralized exchanges. Future of BRC20 DEXs BRC20 DEXs are still a relatively new technology, but they have the potential to revolutionize the way that BRC20 tokens are traded. As BRC20 DEXs become more mature and easier to use, they are likely to be adopted by more and more users. BRC20 DEXs are also likely to benefit from the growth of the Bitcoin and Stacks ecosystems. As more and more people use Bitcoin and Stacks, there will be more demand for BRC20 DEXs. BRC20 DEX: What is it and how does it work? - I hope this article was informative. Related Articles What is the Ampleforth? How Does Rebase Work in Practice? Unlike traditional cryptocurrencies with fixed supply, Ampleforth's total supply automatically adjusts daily based on a predetermined target price. Romero Diaz Feb 1, 2024 Is Crypto the Best Way to Send Money? Pros and Cons of a Digital Revolution In conclusion, while cryptocurrency offers a glimpse into a future of faster and cheaper remittances, it is not a one-size-fits-all solution. Romero Diaz Feb 1, 2024 What is WYNN? How Does WYNN Operate in the Crypto Space? WYNN is not a cryptocurrency itself but rather a platform that bridges traditional finance with the burgeoning realm of digital assets. Romero Diaz Jan 30, 2024 Latest Articles Crypto Basics Tutorials Currencies Investing What is the Ampleforth? How Does Rebase Work in Practice? Unlike traditional cryptocurrencies with fixed supply, Ampleforth's total supply automatically adjusts daily based on a predetermined target price. Romero Diaz Feb 1, 2024 Is Crypto the Best Way to Send Money? Pros and Cons of a Digital Revolution In conclusion, while cryptocurrency offers a glimpse into a future of faster and cheaper remittances, it is not a one-size-fits-all solution. Romero Diaz Feb 1, 2024 What is Shido Coin? Why Should You Care? Shido Coin is not merely a singular cryptocurrency; it is the beating heart of a comprehensive DeFi (decentralized finance) ecosystem. Romero Diaz Feb 1, 2024 What is SATS? 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