A Collection of 100 Common Airdrop Terms and Concepts Every Web3 Beginner Must Learn

Essential for navigating the crypto world! A-Z Quick Reference Manual of 100 High-Frequency Terms

ATH——All Time High
Aggregators——Liquidity aggregators: A new type of decentralized exchange platform that integrates liquidity pools from multiple exchanges and intelligently matches optimal transaction prices.
APY——Annual Percentage Yield: The total annual return including compound interest.
Arbitrage——Cross-platform arbitrage: A profit strategy that takes advantage of price differences between exchanges by buying low and selling high.
APR——Annual Percentage Rate: The basic return rate that does not account for compound interest.
AMM——Automated Market Makers: A decentralized trading system based on algorithms.
AML——Anti-Money Laundering: A risk control system to prevent the legitimization of illegal funds.
AMA——Ask Me Anything: A communication format for direct dialogue between the team and the community.
BD——Business Development: Market development work covering resource matching, cooperation negotiations, etc.
Byzantine Fault Tolerance——The core proposition of blockchain consensus mechanisms: How distributed nodes achieve trustworthy collaboration.

Impossible Triangle——The balancing problem of blockchain technology: Decentralization, scalability, and security cannot all be achieved simultaneously.
Super Mario Market——Severe price fluctuations caused by high control by market makers.
Genesis Block——The initial block of a blockchain network.
Collateral——Assets used as guarantees for lending/derivatives trading.
CEX——Centralized Exchange: An asset custody trading platform.
CeFi——Centralized Finance: A financial service system that relies on intermediary institutions.
veToken——Vote-Escrowed Token: An economic model that grants voting rights through token locking.
Governance Token——A certificate of protocol decision-making rights: Holders participate in community proposal voting.
Token Weighted Voting——A governance model where the number of tokens held determines voting influence.
Time Weighted Voting——A governance mechanism where the duration of token locking determines voting weight.

Doxx——Identity disclosure: The project team gives up anonymity (antonym: Undoxxed).
DYOR——Do Your Own Research: A disclaimer prompting users to conduct their own research.
Floor Price——The lowest listing price for an NFT series.
DAO——Decentralized Autonomous Organization: A governance system operating based on smart contracts.
DEX——Decentralized Exchange: A trading platform where users self-custody their assets.
DeFi——Decentralized Finance: Financial infrastructure based on blockchain.
DApp——Decentralized Application: An open-source program running on a blockchain network.
EVM——Ethereum Virtual Machine: The smart contract execution environment.
ERC-1155——Multi-token standard: Supports the batch creation of fungible/non-fungible tokens.
ETF——Exchange-Traded Fund: A financial product that tracks the performance of underlying assets.

欧易注册