Glossary

The process of initially seeding a DeFi protocol with capital to make it functional for early users.

A mathematical curve used in DeFi to determine the price of a token based on its supply, used in token launches and liquidity mechanisms.

The native cryptocurrency of the Binance ecosystem, used to pay trading fees on Binance exchange and to power the BNB Smart Chain.

The average time it takes for a new block to be added to the blockchain, varying by cryptocurrency.

The maximum amount of data that can be stored in a single blockchain block, measured in megabytes, affecting transaction throughput.

The cryptocurrency awarded to a miner who successfully mines a new block, consisting of newly created coins plus transaction fees.

The number of blocks between a given block and the genesis block, indicating where in the blockchain a particular block sits.

An online tool that allows users to search and browse information about blocks, transactions, and addresses on a blockchain.

A distributed ledger that records transactions in linked blocks secured by cryptography, forming an immutable chain shared across a decentralized network.

May 22nd, commemorating the first real-world Bitcoin transaction in 2010 when 10000 BTC was used to buy two pizzas.