Dictionary category: DeFi term

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    August 21, 2024
    A Liquidity Pool is a collection of two cryptocurrencies locked in a smart contract enabling users to buy on a…
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    August 21, 2024
    A Replay Attack is a breach on a network where the communication between the sender and receiver is intercepted. Hackers…
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    August 21, 2024
    Price Impact is the difference between the market price and how the trade impacts the overall liquidity in the pool.…
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    August 21, 2024
    A Collateralized Debt Position (CDP) is a smart contract-powered system that enables users to lock up collateral in return for…
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    August 21, 2024
    An Acid Test Ratio is a tool that gives an overview of a company’s ability to pay off any outstanding…
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    August 21, 2024
    Ethash is the Proof-of-Work (PoW) consensus mechanism used to mine the network token, Ethereum ($ETH). Ethash is used to adjust…
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    August 21, 2024
    A Flash Loan is when a certain amount of liquidity is borrowed and repaid in the same transaction/block without the…
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    August 21, 2024
    A Transaction ID (TXID) is a unique identification number, often represented as a long string of letters and numbers. TXIDs…
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    August 21, 2024
    Vesting is the act of restricting users from selling a token for a specific period of time. This is also…
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    August 21, 2024
    A Liquidity Provider is someone who deposits tokens into a liquidity pool. Liquidity Providers will earn a percentage of the…