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Metaverse A succinct definition of Metaverse MetaverseLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMETAVERSECopy linkShare on TwitterShare on FacebookShare on LinkedinMetaverseFirst coined by Neal Stephenson in 1992, the term ‘metaverse’ refers to the idea of a virtual world that mimics the real world. The first half of this compound, ‘meta’, means ‘beyond’, and the latter, ‘verse’, is short for ‘universe’. Together, it’s the idea of a 3D internet, where…
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Yield A succinct definition of Yield YieldLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYYIELDCopy linkShare on TwitterShare on FacebookShare on LinkedinYieldIn cryptocurrency, ‘yield’ refers to the return or profit generated from holding digital assets. There are several ways to earn yield in the crypto space, including lending, staking, and providing liquidity, amongst others.Some cryptocurrencies offer interest on holdings, similar to traditional savings accounts. Users …
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Derivatives A succinct definition of Derivatives DerivativesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDERIVATIVESCopy linkShare on TwitterShare on FacebookShare on LinkedinDerivativesCryptocurrency derivatives are tradeable financial contracts whose value is derived from the price of an underlying digital asset, such as Bitcoin, Ethereum, or other cryptocurrencies. These contracts allow traders to speculate on the future price movements of cryptocurrencies without actually…
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Solana Program Library A succinct definition of Solana Program Library Solana Program LibraryLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOLANA PROGRAM LIBRARYCopy linkShare on TwitterShare on FacebookShare on LinkedinSolana Program LibraryThe Solana Program Library (SPL) is a collection of on-chain programmes (smart contracts) built specifically for the Solana blockchain. SPL provides standardised modules that simplify the creation and management of tokens, decentralised fi…
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User Interface (UI) A succinct definition of User Interface (UI) User Interface (UI)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYUSER INTERFACE (UI)Copy linkShare on TwitterShare on FacebookShare on LinkedinUser Interface (UI)The term ‘user interface’ (UI) is the point of interaction between the user and the system, and it plays a crucial role in providing a user-friendly experience. In the context of cryptocurrency and blockchain technology, UI typically refers to the gr…
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Apeing A succinct definition of Apeing ApeingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAPEINGCopy linkShare on TwitterShare on FacebookShare on LinkedinApeing‘Apeing’ refers to participating in a cryptocurrency project without performing due diligence or DYOR. This term became popular during the summer of 2020 (‘DeFi Summer’), when new and unannounced tokens were being launched at an extremely fast pace and many individuals felt they didn’t have time to do their …
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BEP-20 A succinct definition of BEP-20 BEP-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBEP-20Copy linkShare on TwitterShare on FacebookShare on LinkedinBEP-20BEP-20 is a token standard for the BNB Smart Chain. Similar to how ERC-20 acts as a fungible token standard for Ethereum, the same applies for BEP-20 on the BNB Smart Chain.BEP-20 originally comes from the ERC-20 standard and is fully compatible with it. Using similar code functions with slight modifications across th…
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Staking Pool A succinct definition of Staking Pool Staking PoolLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSTAKING POOLCopy linkShare on TwitterShare on FacebookShare on LinkedinStaking PoolIn Proof of Stake (PoS) and its variants like Delegated Proof of Stake (DPoS), staking is the process of locking up a certain amount of tokens or coins in a wallet to support the operations of a blockchain network. In return, participants are rewarded with additional tokens.A staking pool…
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Decentralised Autonomous Organisation (DAO) A succinct definition of Decentralised Autonomous Organisation (DAO) Decentralised Autonomous Organisation (DAO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDECENTRALISED AUTONOMOUS ORGANISATION (DAO)Copy linkShare on TwitterShare on FacebookShare on LinkedinDecentralised Autonomous Organisation (DAO)A decentralised autonomous organisation (DAO) is a community-led entity without any central leadership, such as a CEO or chairman. It …
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What Is Volatility in Crypto? What does volatility mean in crypto and what is the volatility index? Here are some of the top strategies to trade crypto while taking volatility into account. What Is Volatility in Crypto?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYTrading29 Mar 2024|BEGINNERS|7 MIN READWhat Is Volatility in Crypto?What does volatility mean in crypto and what is the volatility index? Here are some of the top strategies to trade crypto while taking volatility …
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