Decentralized Finance and NFTs
1. DeFi
TVL (Total Value Locked)
The USD value of assets locked in a protocol or blockchain. Indicates activity and scale.
Staking
Locking tokens to secure a network or protocol and earn rewards/interest.
Lending/Borrowing Protocol
Users deposit assets to earn interest or collateralize to borrow other tokens (Aave, Compound).
Liquidity Mining
Providing liquidity to a protocol in return for token rewards.
Yield Aggregator
Automates moving funds across protocols to optimize returns (Yearn, Beefy).
AMM (Automated Market Maker)
Price setting and trade matching via algorithms (e.g., Uniswap’s constant product formula).
Impermanent Loss
Potential loss for liquidity providers when token prices diverge compared to simply holding them.
Bridge
Mechanism to move assets/data between chains or layers (lock/mint, burn/release).
Oracle
Feeds off-chain data (like prices) to on-chain smart contracts (Chainlink).
2. NFTs & On-chain Media
Mint (Minting)
Creating a new NFT on-chain.
Metadata
Descriptive info (attributes, image URI, etc.) associated with an NFT.
Scarcity
Limited supply or uniqueness that can affect perceived value.
Royalty
A fee sent to the original creator on secondary sales.
IPFS (InterPlanetary File System)
Decentralized file storage frequently used to host NFT content.
Disclaimer
This article is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrencies are subject to market risk and volatility. Please consult a qualified advisor before making any investment decisions.
© 2025 CoinByte. Some content in this article may have been adapted or generated with the assistance of AI tools.
Related articles
View more
Blockchain GlossaryWallets, Keys & Account ModelsSecure Access and Advanced Account CapabilitiesIn the decentralized world of crypto, your wallet and key management practices directly determine your security and flexibility. Understanding how different wallet models, account types, and advanced features work is crucial to balancing convenience, sa
Blockchain GlossaryData, Metrics & On-chain AnalysisKey Indicators to Gauge Market Health and SentimentUnderstanding crypto market health goes beyond just looking at price. Traders and investors can analyze key indicators to evaluate network activity, liquidity conditions, and overall market sentiment. These metrics empower traders to identify trends
Blockchain GlossarySecurity, Risk & ComplianceKey Blockchain Security and Compliance TermsThe crypto world offers exciting opportunities, but it also comes with risks that traders and investors need to understand. From managing your keys to avoiding common attacks, learning these foundational terms will help you navigate safely. Key ManagementKe