Central Bank Digital Currency

Yield Farming

A DeFi strategy where users provide liquidity to protocols in exchange for token rewards and interest.

Liquidity Pool

A collection of funds locked in a smart contract that provides liquidity for decentralised trading and lending.

Flash Loan

An uncollateralised loan in DeFi that must be borrowed and repaid within a single blockchain transaction.

Stablecoin

A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like a fiat currency.

Liquid Staking

A mechanism that allows users to stake cryptocurrency while receiving a liquid derivative token representing their staked position, maintaining capital flexibility during the lock-up period.

Restaking

The practice of using already-staked cryptocurrency to simultaneously secure additional protocols or services, extending the economic security of one network to others.

A computer connected to a blockchain network that maintains a copy of the ledger and participates in consensus.

Locking up cryptocurrency holdings to support blockchain network operations and earn rewards.

A distributed, immutable digital ledger that records transactions across a network of computers without a central authority.

A cryptographic method allowing one party to prove knowledge of information without revealing the information itself.

A blockchain network where participation is restricted to authorised entities, common in enterprise applications.

An application that runs on a decentralised peer-to-peer network rather than a single centralised server.

The ability of a distributed system to reach consensus despite some nodes acting maliciously or failing.

A service that provides smart contracts with verified external data from off-chain sources such as market prices, weather conditions, and real-world events.