Looking for today’s Syntax Verse Daily Quiz Answer for 15 January 2026? Your search ends here! Claim your rewards for today’s Syntax Verse Quiz with CoinGabbar and stay ahead in the game.
The Web3 ecosystem project Syntax Verse, a mining one, began in a peculiar and exceptional manner on March 17, 2025, to be accurate down to the minute. The minting ; not mining ; process is how users get token grants. The project just launched and the excitement it generated brought about nearly 50,000 sign-ups at once.
Original SyntaxVerse App that was only for mobile is now available for both Android and iOS so everyone can easily mint their coin and monitor its value. You can download the app from Google Play or App Store.
Quiz:
Answer:
For extra rewards, check out TON Station Daily Combo Today Play and Earn $Gems and explore more thrilling tasks!
Question 1: What is the main purpose of a yield farming pool in DeFi?
Answer: B) To earn rewards by providing liquidity.
Question 2: Which token pair is commonly added to a yield farming liquidity pool?
Answer: A) ETH & USDC.
Question 3: What type of reward do users typically earn from yield farming pools?
Answer: A) New tokens or fees.
Question 4: What is a major risk of yield farming pools?
Answer: D) Impermanent loss.Trivia Game App
Question 1: What does the ERC-721 standard primarily define?
Answer: C) Non-fungible tokens on Ethereum.
Question 2: Which characteristic best distinguishes ERC-721 tokens from ERC-20 tokens?
Answer: A) Each token has a unique identifier.
Question 3: What function is used in ERC-721 to check who owns a specific token?
Answer: B) ownerOf().
Question 4: Which use case is MOST commonly associated with ERC-721 tokens?
Answer: C) Digital collectibles and NFTs.
Question 5: Which statement about ERC-721 tokens is TRUE?
Answer: D) Each token represents a distinct asset.
Question 1: What is the primary characteristic that distinguishes a decentralized exchange (DEX) from a centralized exchange (CEX)?
Answer: C) DEXs allows peer-to-peer trading without intermediaries.DEX Trading Course
Question 2: Which of the following is a popular decentralized exchange on Ethereum?
Answer: D) Uniswap.
Question 3: What mechanism do many DEXs use instead of traditional order books?
Answer: B) Automated Market Makers (AMMs).
Question 4: In AMM-based DEXs, liquidity providers deposit tokens into what structure?
Answer: A) Liquidity pools.
Question 1: Which DeFi protocol is widely known for introducing the concept of overcollateralized crypto lending?
Answer: C) Aave.
Question 2: What is the main purpose of collateral in DeFi lending protocols?
Answer: A) Protecting lenders from borrower default.
Question 3: In many lending protocols, what happens if the collateral value falls below a required threshold?
Answer: C) Liquidation occurs.
Question 4: Which type of interest rate model is commonly used in DeFi lending protocols?
Answer: C) Variable and utilization-based.
Question 5: What does “TVL” stand for in the context of lending protocols?
Answer: B) Total Value Locked.
Question 1: What is the primary cause of impermanent loss in liquidity pools?
Answer: B) Price divergence between paired assets.
Question 2: Impermanent loss occurs most commonly in which type of DeFi system?
Answer: D) AMM-based liquidity pools.
Question 3: Which liquidity pair is least likely to experience high impermanent loss?
Answer: C) USDC-USDT.
Question 4: Impermanent loss becomes permanent when the liquidity provider does what?
Answer: D) Withdraws funds from the pool.
Question 1: What is the primary purpose of a liquidity mining pool?
Answer: C) To supply liquidity for trading on a decentralized exchange.
Question 2: What do liquidity providers typically receive in exchange for depositing tokens into a liquidity pool?
Answer: A) LP tokens.
Question 3: Which pair of assets would most likely be found in an AMM-style liquidity pool?
Answer: A) ETH & USDC.
Question 4: What is “impermanent loss” in liquidity mining?
Answer: D) A temporary reduction in potential earnings due to price divergence.
Question 1: What does blockchain interoperability primarily enable?
Answer: B) Different blockchains to exchange data and assets.
Question 2: Which technology is central to enabling communication between different blockchain networks?
Answer: A) Interledger protocols.
Question 3: Polkadot uses what component to connect multiple specialized blockchains?
Answer: C) Parachains.
Question 4: What does the Cosmos ecosystem use to achieve interoperability?
Answer: D) IBC (Inter-Blockchain Communication).
Question 1: Which statement best describes a hard fork?
Answer: A) A change that requires all nodes to upgrade to remain valid.
Question 2: Which statement best describes a soft fork?
Answer: D) A backward-compatible change.
Question 3: What typically happens if a hard fork is contentious and not everyone agrees?
Answer: A) A new, separate blockchain may form.
Question 4: Which of the following is required for a soft fork to succeed?
Answer: C) A majority of miners must enforce the new rules.
Question 5: Which fork type can introduce stricter rules while remaining compatible with older software?
Answer: B) Soft fork.
Question 1: What is the main purpose of a blockchain explorer?
Answer: B) To view blockchain data.
Question 2: Which of the following can you typically not find on a blockchain explorer?
Answer: D) Private keys.
Question 3: What does a transaction “hash” represent in a blockchain explorer?
Answer: C) A unique ID for the transaction.
Question 4: What does “block height” refer to in a blockchain explorer?
Answer: C) The position of a block in the chain.
Question 1: Which feature best differentiates DeFi from traditional finance?
Answer: D) Permissionless access
Question 2: In traditional finance, who typically controls user funds?
Answer: A) Third-party intermediaries
Question 3: What enables DeFi protocols to operate without centralized management?
Answer: C) Smart contracts
Question 4: Which of the following is a major advantage of DeFi over traditional finance?
Answer: C) Global accessibility
Question 5: What aspect of DeFi allows users to keep full control of their assets?
Answer: B) Self-custody wallets
Question 1: What does the term “FUD” stand for in the crypto market?
Answer: ) Fear, Uncertainty, and Doubt
Question 2: Which of the following is a common effect of FUD in the crypto market?
Answer: B) Panic selling by investors
Question 3: FUD is often spread intentionally to:
Answer: D) Manipulate market prices
Question 4: Which of the following news headlines is MOST likely an example of FUD?
Answer: B) “Major exchange hacked; millions at risk!”
Question 1: What is a honeypot in cryptocurrency?
Answer: A) A smart contract designed to trap users into losing funds.
Question 2: What makes a honeypot token appear attractive to buyers?
Answer: B) Rapid price increase and active marketing.
Question 3: In a typical honeypot scam, what can the victim usually not do?
Answer: D) Sell the token they just bought.
Question 4: Which blockchain platform is most commonly targeted with honeypot tokens?
Answer: D) Binance Smart Chain (BSC).
Deepak Choudhary is a solid two years of writing experience and crypto enthusiast. He writes about blockchain games, Telegram games, and tap-to-earn platform. Like his audience, he writes with clarity, simplicity, and lots of useful tips in his articles. He helps those unfamiliar with various aspects of crypto world in a very simple way. He also provides regular updates on the fast growing world of blockchain, with great articles covering current and expected trends and guides. His writings on crypto games as well as crypto earning apps on Telegram are quite useful and informative for people novice and experienced. His aim is to help more people explore and profit from Web3 ecosystem.