Dictionary
Blockchain: A digital ledger that records transactions across a specific network.
Token: Digital asset representing a unit of value or ownership within a blockchain.
Decentralized Finance (DeFi): Financial services and applications built on blockchain technology, aiming to democratize access to traditional financial services without intermediaries
Decentralized Exchanges (DEX): Platforms that facilitate peer-to-peer cryptocurrency trading without a central authority with control over your assets
Centralized Exchanges (CEX): Platforms with high liquidity that offer virtual order books for trading with a central authority overseeing transactions and full control over your assets
Smart Contract: Self-executing contracts with predefined conditions that run on blockchains without the need for intermediaries
Presale: A fundraising method in which new projects allow early access and discounted prices to incentivize early adoption and investment
Wallet: A digital tool that allows users to store, send and receive tokens.
Wallet Address: A unique identifier that represents a destination for token transactions.
Seed phrase: A cryptographic key that grants full unlimited access to your token holdings.
Staking: The process of locking up one's tokens to receive rewards in the form of additional tokens
Hardcap: The maximum amount of funds that a project aims to raise during a fundraising event
Softcap: The minimum amount of funds needed by a project in order to launch successfully
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