Cryptocurrency abbreviations and their meaning
DECRED is a cryptocurrency that emphasizes community governance and aims to provide a decentralized and sustainable blockchain platform.
KAVA is a decentralized finance (DeFi) platform that offers lending, borrowing, and stablecoin services across different blockchain networks.
LEND was the old governance token of the Aave lending protocol before it transitioned to the AAVE token.
OPTIONS
A type of derivative contract that gives the owner the right—but not the obligation—to buy or sell an underlying cryptocurrency at a specified price on or before a specified date, depending on the form of the option.
ON-RAMP A solution that allows investors and traders to convert fiat currencies to cryptocurrencies. On-ramps are offered by most leading cryptocurrency exchange operators.
OPEN SOURCE CODE that is designed to be publicly accessible, meaning anyone can see, modify and distribute the code as they see fit.
MINT
The process of creating a non-fungible token (NFT) via a transaction on the blockchain. When NFT collections launch, the team will typically charge a mint price (e.g. 0.08 ETH) as a way to raise capital. Sometimes, NFT collections will launch via a free mint.
