Must-Know_100_Web3_Terms_and_Concepts_for_Newbies

binancevip (35)in #bitget • 3 days ago

1-10

ATH — All-Time High: The highest price ever reached by an asset.
Aggregators — Platforms that pool liquidity from multiple decentralized exchanges to offer users optimal trading prices.
APY — Annual Percentage Yield: The effective annual return rate, accounting for compound interest.
Arbitrage — Buying tokens at a lower price on one platform and selling them at a higher price on another.
APR — Annual Percentage Rate: The nominal annual return rate, excluding compound interest.
AMM — Automated Market Makers: Algorithm-driven systems that facilitate automated token trading.
AML — Anti-Money Laundering: Measures to prevent the legitimization of illegally obtained funds.
AMA — Ask Me Anything: Interactive sessions where project teams engage with users.
BD — Business Development: 1. Managing partner relationships and communication; 2. PR efforts to attract target users.
Byzantine Generals Problem — A challenge where achieving network consensus becomes harder as more participants record transactions.

11-20

Impossible Trinity — The trade-off between decentralization, scalability, and security; no consensus mechanism achieves all three perfectly.
Super Mario — Projects with high team control, leading to extreme price volatility.
Genesis Block — The first block created in a blockchain.
Collateral — Assets pledged to secure a loan or debt.
CEX — Centralized Exchange: Platforms where users deposit assets for centralized management.
CEFI — Centralized Finance: Traditional financial systems like banks and exchanges.
veToken — Vote-Escrowed Token Model: Locking tokens to gain protocol rights, such as governance (e.g., CRV, BAL).
Governance (Token Model) — Tokens granting voting rights, with power based on token holdings or lock-up duration (e.g., Curve, Compound).
Token-Weighted Voting — Voting influence proportional to the number of tokens held.
Time-Weighted Voting — Greater rights for longer token lock-ups (e.g., UNI, COMP).

21-30

Doxx — Disclosure of identity; "undoxx" means anonymous.
DYOR — Do Your Own Research: A standard disclaimer for personal responsibility.
Floor Price — The minimum price for an NFT in a collection.
DAO — Decentralized Autonomous Organization: Blockchain-based entities run by smart contracts without central control.
DEX — Decentralized Exchange: Platforms where users retain full asset control via wallets or smart contracts.
DEFI — Decentralized Finance: Financial services on blockchain without intermediaries.
DAPP — Decentralized Application: Open-source apps running on decentralized networks.
EVM — Ethereum Virtual Machine: A decentralized server executing smart contracts automatically.
ERC-1155 — An Ethereum NFT standard for limited-quantity, reusable tokens.
ETF — Exchange-Traded Fund: An index-like investment, such as a Bitcoin ETF.

31-40

ERC-721 — An Ethereum NFT standard where each token is unique.
ERC-20 — A token standard for creating custom tokens on Ethereum.
FUD — Fear, Uncertainty, Doubt: Market sentiment causing panic.
Fair Launch — Equal token distribution opportunities for all participants.
GAS WAR — Increased transaction fees from on-chain competition for projects.
HODL — Holding assets long-term, often for years.
Dutch Auction — An auction where prices decrease over time.
IMO — In My Opinion: Personal viewpoint abbreviation.
ITO — Initial Twitter Offering: Token sales launched via Twitter.
IEO — Initial Exchange Offering: First-time sales of exchange tokens.

41-50

IPFS — InterPlanetary File System: A decentralized storage protocol.
IGO — Initial Game Offering: First sale of in-game assets.
INO — Initial NFT Offering: First public sale of NFTs.
IFO — Initial Fork Offering: First issuance of a forked coin from chains like Bitcoin.
IDO — Initial Digital Assets Offering: Invite-only sales with principal protection via tasks, rewarding engaged users.
ICO — Initial Coin Offering: First token sale event.
Interaction — Using a project before its token launch.
Machine Gun Pool — Automated mining strategies switching between coins for maximum profit.
KYC — Know Your Customer: Identity verification with details like name and ID.
Air Coin — Tokens lacking real value or backing.

51-60

Cross-Chain Bridge — Tools for transferring assets between blockchains.
Open a Ticket — Creating a dedicated support channel in Discord.
Single-Sided Liquidity Pool — Staking a single token to earn rewards, reducing price risk.
Limit Order — An order set at the current market price.
Circulating Market Cap — Tradable tokens multiplied by price at a given time.
Quantitative Trading — Using mathematical models for automated trading decisions.
Meme Coin — Tokens driven by hype and FOMO (fear of missing out).
Fed Dove — Policymakers favoring gentle economic approaches.
Pegging — Actions in transactions based on counterparty moves.
Fed Hawk — Entities advocating tough measures for national interests.

61-70

Fed Rate Hike — Interest rate increases, reducing market liquidity and borrowing.
MOD — Moderator: Community or platform overseer.
NFA — Not Financial Advice: A disclaimer against treating comments as advice.
OTC — Over The Counter: Direct, off-exchange trading.
PR — Public Relations: Team efforts in promotion and communication.
POS — Proof of Stake: Consensus rewarding token holders.
POW — Proof of Work: Consensus based on computational effort, like mining.
Paper Hand — Traders who sell assets prematurely.
PND — Pump and Dump: Schemes inflating prices before selling off.
Block Height — Total blocks in a blockchain chain.

71-80

Liquidation — Selling collateral when its value nears debt levels in DeFi.
Block Header — Contains metadata like previous hash and timestamp.
Block Body — Stores transaction details and other block data.
Full Node Wallet — A wallet syncing all blockchain data for full decentralization.
Cold Wallet — Offline storage for crypto assets.
Public Key — A shareable identifier, like a bank account number.
Private Key — A secret code for accessing assets; never share (often managed via mnemonics).
Mnemonic Phrase — Words used to recover private keys.
Hot Wallet — Internet-connected wallet for easy access.
Real Yield — DeFi returns from actual revenue, not token inflation.

81-90

RWA — Risk-Weighted Asset: Bank assets categorized by risk for calculations.
Rug Pull — Scams where developers abandon a project after fundraising.
Rebase — Adjusting token supply dynamically.
ROI — Return on Investment: Profit ratio from investments.
SFYL — Sorry For Your Loss: Sympathy for financial losses.
Double Spend — Attempting to use the same tokens for multiple transactions.
Timestamp — Proof of data existence at a specific time.
Slippage — Difference between expected and actual trade prices.
SocialFi — Social Finance: Integrating social elements with DeFi.
STO — Security Token Offering: Issuing tokenized securities.

91-100

TPS — Transactions Per Second: Blockchain throughput metric.
To The Moon — Rapid price surges for tokens.
Position — Initial trade entry point.
Candy — Free tokens distributed during ICOs.
Miss Out — Selling too early before price peaks.
Whale — Large holders of crypto or NFTs.
WL — Whitelist: Priority access lists for sales or events.
Impermanent Loss — Temporary loss from price shifts in liquidity pools.
Greed Index — Market sentiment scale (0-100), with 100 indicating peak greed.
Fear Index — Market sentiment scale (0-100), with 0 indicating peak fear.

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