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Fiat-Collateralised Stablecoin A succinct definition of Fiat-Collateralised Stablecoin Fiat-Collateralised StablecoinLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIAT-COLLATERALISED STABLECOINCopy linkShare on TwitterShare on FacebookShare on LinkedinFiat-Collateralised StablecoinA fiat-collateralised stablecoin is a type of cryptocurrency backed by a reserve of fiat currency (such as the US dollar, euro, or other national currencies) or cash equivalents (e.g., US short-term …
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What Is a DAO and How Does It Work? An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business What Is a DAO and How Does It Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Sep 2022|BEGINNERS|5 MIN READWhat Is a DAO and How Does It Work?An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business Key Takeaways A DAO is an entity designed to be fully aut…
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What Is a DAO and How Does It Work? An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business What Is a DAO and How Does It Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Sep 2022|BEGINNERS|5 MIN READWhat Is a DAO and How Does It Work?An in-depth look at how decentralised autonomous organisations work and what they mean for the future of business Key Takeaways A DAO is an entity designed to be fully aut…
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Impermanent Loss (IL) A succinct definition of Impermanent Loss (IL) Impermanent Loss (IL)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYIMPERMANENT LOSS (IL)Copy linkShare on TwitterShare on FacebookShare on LinkedinImpermanent Loss (IL)Impermanent loss is one of the risks involved when engaging with yield farming in a decentralised finance (DeFi) protocol. It occurs when there is a change in the token price of the deposited assets: The larger the difference, the more risk to …
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Fungible A succinct definition of Fungible FungibleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFUNGIBLECopy linkShare on TwitterShare on FacebookShare on LinkedinFungibleWhen it comes to cryptocurrency, fungible refers to a cryptocurrency’s interchangeability; meaning, fungible assets are identical and of equal value. For example, ETH is a fungible token, as it can be exchanged on a one-to-one basis (i.e., 1 ETH with another ETH). On the other hand, non-fungible tokens (N…
Froth A succinct definition of Froth FrothLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFROTHCopy linkShare on TwitterShare on FacebookShare on LinkedinFroth‘Froth’ in both cryptocurrency and traditional financial (TradFi) markets often describes a period when asset prices rise rapidly and beyond their intrinsic value, driven more by hype and speculation than by fundamental factors.During frothy periods, there may be excessive trading volumes, increased media coverage, and…
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Oversold A succinct definition of Oversold OversoldLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYOVERSOLDCopy linkShare on TwitterShare on FacebookShare on LinkedinOversoldOversold describes a cryptocurrency with a price lower than its true value, usually occurring when individuals sell the cryptocurrency and the price does not experience a recovery; instead, it continues to decline for an extended period. At that point, there is no buying pressure, making a price reversal unl…
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Hash A succinct definition of Hash HashLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYHASHCopy linkShare on TwitterShare on FacebookShare on LinkedinHashIn the context of blockchain, a hash is the result of a cryptographic function that takes an input (or message) and produces a fixed-size string of characters, which is typically a hexadecimal number. The output, known as the hash value or hash digest, is unique to the specific input data. Even a small change in the input data …
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