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Glossary
AMM: Automated Market Maker
DAO: Decentralized Autonomous Organization
DEX: Decentralized Exchange
EVM: Ethereum Virtual Machine
Full Node: Validates transactions and create new blocks
Light Node: Elect which Full Nodes will participate in the consensus mechanism
Governance Token: A type of cryptocurrency or token that represents a stake in a Decentralized Autonomous Organization (DAO)
Impermanent Loss: The loss that can occur in a liquidity pool as a result of changes in the price of the assets being traded.
PoA: Proof of Authority
PoS: Proof of Stake
PoW: Proof of Work
Yield Farming: A process that allows cryptocurrency holders to lock up their holdings, which in turn provides them with rewards.
Last modified 1mo ago