Glossary

A valuation model applied to Bitcoin that compares existing supply to newly produced supply to estimate price.

An automated sell order triggered when a cryptocurrency’s price falls to a specified level, used to limit potential losses.

A liquid staking token issued by Lido Finance representing staked Ether, usable across DeFi while earning staking rewards.

An off-chain mechanism allowing participants to conduct multiple transactions privately, only submitting the final state to the blockchain.

The process of locking up cryptocurrency in a wallet or protocol to participate in network validation and earn rewards.

A type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset such as the US dollar.

The difference between the highest buy price and the lowest sell price for a cryptocurrency on an exchange.

A financial market where cryptocurrencies are bought and sold for immediate delivery at current market prices.

The primary programming language used to write smart contracts on the Ethereum blockchain.

A backward-compatible upgrade to a blockchain protocol where old nodes can still validate new blocks.