NFTslangs.com

NFTslangs.com

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NFT slangs starting with letter L

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.

LFG

Means ‘Let’s f***king go!’. It’s used in excitement about new project launches, huge NFT news and other massively positive updates.

Liquidity pool

Crowd-sourced pool of cryptocurrencies or tokens locked in a smart contract to facilitate trades between the assets on a decentralized exchange (DEX).

Layer 2

A secondary technology built on top of an existing blockchain. The purpose of layer 2 is to scale the blockchain with more solutions, improving its

Liquidity

Liquidity measures the ease of swapping from one token to another or converting a cryptocurrency to stable coins like USDT.

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