Rug pull
In the cryptocurrency business, a rug pull occurs when a development team abruptly drops a project and sells or eliminates all of its liquidity.
In the cryptocurrency business, a rug pull occurs when a development team abruptly drops a project and sells or eliminates all of its liquidity.
Tokenomics is a general term for the characteristics that make a certain cryptocurrency valuable and fascinating to investors. This covers everything from a token’s quantity and issuance method to factors like its usefulness.
Yield farming is the process of using DeFi to maximize returns on crypto. On a DeFi platform, users may lend or borrow cryptocurrency and also get cryptocurrency in return for the services offered.
A mainnet is a blockchain infrastructure that has been fully constructed and allows users to send and receive bitcoin transactions or any other kind of digital data that is recorded on a distributed ledger.
BUIDL is an intentional disarrangement of letters in the term “build”, which is a word commonly used in developer spheres
HODL is a disarranged take on the word “hold”. It is a popular cryptocurrency and web3 term used for investors who hold on to their crypto regardless of prices increasing or decreasing.
WAGMI or “We’re All Going to Make It” is an acronym for a group of contributors in the web3 ecosystem being hopeful and optimistic about the returns on their efforts.
FUD, which stands for “fear, uncertainty, and doubt,” refers to an attitude of widespread pessimism about a certain asset or market as well as the manipulation of investor or consumer emotions to make them fall for FUD.
Web3 or web 3.0 is the next version of the internet. Briefly, it consists of token-based economics and blockchain technology.