Glossary
Here we are building a glossary to help you navigate and understand the world of crypto.
LFG
LFG is an acronym that stands for "Let's F*ing Go." It is a phrase commonly used in crypto communities to express excitement, rally support, or cheer on anticipated positive developments.
FUD
FUD stands for "Fear, Uncertainty, and Doubt." It is a term often used in the cryptocurrency market, as well as in other industries, to describe a strategy of disseminating negative, vague, or false information about a product, company, or concept.
Pax Gold (PAXG)
Pax Gold (PAXG) is a digital asset and crypto currency that is designed to be backed by physical gold. Each PAXG token is typically backed by one troy ounce of gold held in secure vaults. This blockchain-based token offers a convenient way for individuals to gain exposure to the price of gold without needing to physically own or store it.
Apeswap ($BANANA)
ApeSwap is a decentralized exchange for BEP-20 tokens on the BNB Chain. It provides a comprehensive toolkit for DeFi purposes, including token trading, liquidity provision, staking, lending and borrowing, IDO's, and margin trading.
Gains Network ($GNS)
Gains Network is a decentralized platform that aims to revolutionize the cryptocurrency trading landscape by providing a user-friendly, liquidity-efficient, and powerful leveraged trading platform.
Quickswap ($QUICK)
QuickSwap is a decentralized exchange (DEX) that operates on the Polygon network, offering users a platform for swapping various cryptocurrencies with fast transaction times and low fees.
Hedera ($HBAR)
Hedera Hashgraph’s mission is to allow individuals and businesses to create powerful decentralized applications. It is designed to be a fairer, more efficient system that eliminates some of the limitations of older blockchain-based platforms.
Pendle ($PENDLE)
Pendle Finance is a decentralized finance (DeFi) protocol that allows users to tokenize and trade future yield.
Lybra Finance ($LBR)
Lybra Finance is a decentralized protocol built on Liquid Staking Derivatives, designed to bring stability to the volatile world of cryptocurrency.
Tenet ($TENET)
Tenet is a user-centric blockchain platform built using the Cosmos SDK. It aims to provide a modular and flexible framework for developing powerful decentralized applications.
Polytrade ($TRADE)
Polytrade is a decentralized platform that aims to revolutionize the traditional trade finance industry.
Stacks ($STX)
Stacks is a decentralized network that aims to bring smart contracts and decentralized applications to Bitcoin.
Conflux ($CFX)
Conflux Network is a public blockchain system that can achieve high TPS (Transactions Per Second) without sacrificing decentralization or safety.
SingularityDAO ($SDAO)
SingularityDAO is the DeFi arm of the SingularityNET AI Ecosystem, designed to democratize access to the crypto economy.
Akash ($AKT)
Akash Network is a decentralized cloud computing marketplace that aims to disrupt the traditional cloud industry by providing a fast, efficient, and cost-effective solution for deploying applications.
Render ($RNDR)
Render Network aims to democratize GPU rendering through the power of blockchain technology.
Fetch.AI ($FET)
Fetch.AI aims to create a decentralized digital world where autonomous software agents perform tasks without human intervention.
SingularityNET ($AGIX)
SingularityNET is a decentralized, open-source protocol for a network of AI algorithms and models.
Ocean Protocol ($OCEAN)
Ocean Protocol is a decentralized data exchange protocol that aims to unlock data for AI.
AI assisted content
AI assisted content is transforming the digital landscape by enhancing creativity, streamlining workflows, and enabling the production of higher-quality content.
NGMI and WAGMI
NGMI stands for “Not Going to Make It.” On the other hand, WAGMI stands for “We’re All Going to Make It.”
GameFi
GameFi is a term that combines the worlds of gaming and decentralized finance (DeFi).
Maximal Extractable Value (MEV)
MEV refers to the maximum value a miner or validator can extract from manipulating transactions when producing a block on a blockchain network.
The Metaverse
The Metaverse is a universe of interconnected virtual communities where people can engage in real-time interactions and experiences.
