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Smart Contract

A smart contract is a self-executing program that automatically enforces the terms of an agreement between parties on a blockchain. These contracts are deployed on-chain and operate without intermediaries, executing code precisely as written once predefined conditions are met. Smart contracts enable the creation of decentralized applications (dApps) and are

Seed Phrase

A seed phrase (also known as a recovery phrase or mnemonic phrase) is a human-readable sequence of words that serves as the backup for a cryptocurrency wallet. It is generated during wallet creation and represents the private keys controlling the user’s funds. Anyone with access to the seed phrase

Security Token

A security token is a type of digital asset that represents ownership in a real-world asset or enterprise and is subject to securities regulations. These tokens can represent shares in a company, ownership of physical assets like real estate, bonds, or other financial instruments. Unlike utility tokens, which provide access

Slippage

Slippage refers to the difference between the expected price of a trade and the actual price at which it is executed. It occurs when there is a change in price between the time a trade is submitted and the time it is confirmed on-chain. Slippage is common in DeFi, especially

Staking

Staking is the process of locking up cryptocurrency to support the operations and security of a blockchain network or decentralized protocol, in exchange for rewards. It is most commonly used in proof-of-stake (PoS) blockchains, where stakers help validate transactions and secure the network by committing their tokens for a specific

Soulbound Token (SBT)

A Soulbound Token (SBT) is a type of non-transferable token that represents a permanent, verifiable record of identity, reputation, achievement, or relationship on the blockchain. Unlike traditional NFTs, Soulbound Tokens cannot be traded or transferred between wallets — they are bound to a specific address, often referred to as a “soul.

Snapshot

Snapshot is a popular off-chain voting platform used by DAOs and Web3 communities to facilitate governance proposals and voting without requiring on-chain gas fees. It captures a “snapshot” of users’ token balances at a specific block, which determines their voting power for a given proposal. Snapshot enables gasless, transparent, and