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Vault

What does Vault means?

A more secure digital storage for crypto assets. A vault is like a crypto wallet but has extra security features that let you delay a withdrawal contract by adding co-signatories. Hence, transactions made through a vault go through a delay and approval process and pends until all signatories approve it.

Random Slangs

Staking

It’s a process where people use their tokens to contribute to rewarding block validation for a fixed period; it applies to Proof of stake (PoS)

Exchange

In crypto, “exchange,” also known as a “crypto exchange,” describes a platform where people can trade cryptocurrencies. Therefore, you can swap from one crypto to

NFA

An acronym for “Not financial advice.” For instance, you might call an NFT community to action but warn them that it’s NFA. Examples A usage

Pump and dump

Pulling out of a project after pushing its price to the peak through deceit. In a “pump and dump,” someone or a group of people

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

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