Learn these terms

Learn these terms
Learn these terms:

1. DeFi (Decentralized Finance) — DeFi (decentralized finance)
2. DEX (Decentralized Exchange) — decentralized exchange
3. AMM (Automated Market Maker) — automated market maker
4. Liquidity Pool — liquidity pool
5. Liquidity Provider (LP) — liquidity provider
6. Yield Farming — yield farming (profit cultivation)
7. Staking — staking
8. Lending — lending
9. Borrowing — borrowing
10. APR (Annual Percentage Rate) — APR (annual interest)
11. APY (Annual Percentage Yield) — APY (annual compound interest)
12. Slippage — slippage (price slippage)
13. Impermanent Loss (IL) — impermanent loss
14. TVL (Total Value Locked) — TVL (total value locked)
15. Governance Token — governance token
16. Bridge — bridge (a bridge between blockchains)
17. Wrapped Token — wrapped token (wrapped version)
18. Swap — swap (direct exchange of tokens)
19. Farm — farm
20. Protocol — protocol

Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.