DEX

What does DEX means?

DEX is an acronym for “decentralized exchange.” It describes an autonomous peer-to-peer (P2P) platform where people can exchange tokens without depending on any mediator for fund exchange or transfer.

Random Slangs

ERC-721

ERC-721 is a set of standards that provides guides for creating non-fungible tokens (NFTs). This is in contrast to ERC-20, which is for creating fungible

Airdrop

New NFTs or cryptocurrencies that are automatically sent to your wallet for free. This is a common practice in the crypto space to attract and reward early project adopters.

Looks rare

Expresses scarcity or uniqueness; to mark an NFT as highly valuable. Rarity is one of the essential features that determine the worth of an NFT.

Governance tokens

These are specialized tokens created by developers to oversee the outcome of a decentralized protocol. It defines token ownership. People that hold governance tokens have

Volatility

It defines the rate of fluctuation (drop and rise in the worth) of an NFT project or crypto over time. Unlike fiat currencies, cryptocurrencies and