Overview
A collection of funds locked in a smart contract that provides liquidity for decentralised trading and lending.
Cross-References(1)
More in Blockchain & DLT
Utility Token
FoundationsA blockchain-based token that provides access to a specific product, service, or platform functionality, rather than representing ownership or investment rights.
Delegated Proof of Stake
FoundationsA consensus mechanism where token holders vote for delegates who validate transactions on their behalf.
Distributed Ledger Technology
FoundationsA digital system for recording, sharing, and synchronising data across multiple sites without a central administrator.
Consensus Mechanism
FoundationsThe method by which a distributed network agrees on the current state of the ledger and validates transactions.
Byzantine Fault Tolerance
FoundationsThe ability of a distributed system to reach consensus despite some nodes acting maliciously or failing.
Validator
FoundationsA node in a proof-of-stake blockchain responsible for verifying transactions and proposing new blocks.
Proof of Stake
FoundationsA consensus mechanism where validators are selected based on the amount of cryptocurrency they hold and stake.
Rollup
Protocols & NetworksA Layer 2 scaling solution that executes transactions off-chain and posts compressed transaction data to the main chain.