Glossary

The Solana blockchain utilizes Proof-of-History (PoH) to verify and timestamp transactions. PoH enhances scalability and security by streamlining transaction order without relying on energy-intensive computations like Proof-of-Work consensus.

Whitelisting describes the validation of users or wallets for token sales and NFT mints. The process ensures security and increases user engagement.

Real World Assets (RWAs) are tangible or intangible assets that exist in the physical world with intrinsic value that are tokenized on the blockchain.

Web3 is a decentralized form of the internet with more user control, powered by blockchain technology that aims to create a more transparent, secure, and censorship-resistant Internet ecosystem.

Bored Ape Kennel Club (BAKC) is a unique collection of 9,602 dog NFTs on the Ethereum blockchain, distributed to Bored Ape NFT owners as a reward for supporting the Yuga Labs ecosystem.

TVL is a DeFi metric used to evaluate a project’s popularity and health by measuring all assets locked in the protocol.

Staking cryptocurrencies involves locking up funds in staking pools to earn rewards, which stabilizes the system. Staking strategies involve restaking, leveraged and liquid staking to enhance potential returns.

A 51% attack can occur when an entity controls over half of the systems computational power, allowing transaction manipulation and double spending.

XBT is an alternative ticker symbol for Bitcoin (BTC), typically used in traditional finance for precious metals, conform with the ISO 4217 standard.

The NFT collection Autoglyphs is a pioneer for generative blockhain art, valued for their unique on-chain creation process.

Jupiter is the leading aggregator of Decentralized Exchanges (DEXes) on the Solana blockchain.

Meebits is an Ethereum NFT collection of 3D digital avatars originally developed by Larva Labs, later acquired by Larva Labs.

Soulbound Tokens (SBTs) are non-transferable assets that foster meaningful connections between assets and their owners.

In the world of blockchain, the expression ‘to mint’ describes the issuance of coins or other financial instruments (e.g. NFTs).

Crypto lending is offered by lending platforms and allows getting returns or liquidity on digital assets.