An algorithmic stablecoin is designed to achieve price stability as well as balance the circulating supply of an asset by being pegged to a reserve asset such as the U.S. dollar, for example, gold or any foreign currency.
BridgeA blockchain bridge is a protocol that outlines minting and burning procedures so that the token supply can be constant between two different platforms. Bridges serve as a transition between the different blockchain protocols.
CDPA collateralized debt position (CDP) is the position created by locking collateral in MakerDAO’s smart contract to generate its decentralized stablecoin, DAI.This system was introduced to the decentralized finance world by the MakerDAO team and is how its decentralized stablecoin DAI is created.
CEXCentralized exchanges.
ChainCross ChainDerivativesDexesA DEX (decentralized exchange) is a peer-to-peer marketplace where users can trade cryptocurrencies in a non-custodial manner without the need for an intermediary to facilitate the transfer and custody of funds.
Exotic OptionsFarmGamingIndexesInsuranceDeFi insurance refers to both blockchain-based replacements of traditional insurance policies and insurance that covers blockchain-related activity. DeFi insurance, by the use of self-executing smart contracts, eliminates the needs for claims adjusters and even claims themselves.
LaunchpadLendingLeveraged FarmingLiquid StakingLiquid staking allows users to stake tokens and simultaneously use them in the DeFi ecosystem. This is made possible by wrapping the staked tokens and providing users with a wrapped token that is a claim on the underlying collateral. The wrapped tokens can be transferred and generate yield.
NFT LendingNFT lending is how borrowers collateralize their NFTs for crypto coin or fiat money loans.
NFT MarketplaceBuy and sell NFTs
OptionsA stock or crypto option is a contract that gives you the right but not the obligation to buy or sell an asset at a specific price.
OraclePaymentsPrediction MarketA prediction market is a market where people can trade contracts that pay based on the outcomes of unknown future events. The market prices generated from these contracts can be understood as a kind of collective prediction among market participants.
PrivacyReserve CurrencyRWAServicesStakingSyntheticsUncollateralized LendingYieldYield farming is a broad term — and in its simplest form, it involves trying to get the biggest return possible from cryptocurrency.
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