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Glossary

Reward Token

A reward token is a type of cryptocurrency distributed to users as an incentive for specific actions within a blockchain ecosystem. These actions may include staking, liquidity provision, participating in governance, completing tasks, or simply holding a token. Reward tokens are used to encourage user engagement, promote platform growth, and

Rollup

A rollup is a Layer 2 scaling solution that bundles or “rolls up” multiple transactions into a single batch, then submits that batch to a Layer 1 blockchain like Ethereum. This allows rollups to significantly reduce gas fees and increase transaction throughput, while still inheriting the security of the underlying

Return on Investment (ROI)

ROI (Return on Investment) is a performance metric used to evaluate the profitability of an investment. In crypto and Web3, ROI measures the gain or loss generated relative to the initial amount of capital invested. It’s commonly expressed as a percentage and is widely used to compare returns across

REKT

REKT is crypto slang for “wrecked”, used to describe someone who has suffered a significant financial loss, often due to poor trading decisions, high-risk investments, scams, or market crashes. It’s commonly used humorously or sarcastically but reflects the high-volatility and high-risk nature of the crypto space. Getting REKT can

Rug Pull

A rug pull is a type of scam in crypto where project creators suddenly withdraw liquidity or abandon the project, leaving investors with worthless tokens. It’s one of the most common exit scams in DeFi and NFT spaces, often involving tokens launched with hype, but no intention of long-term

Supply

Supply in crypto refers to the number of tokens or coins available within a project’s ecosystem. It plays a central role in a token’s economics, valuation, and inflation/deflation dynamics. Supply is typically divided into different categories, including circulating supply, total supply, and max supply, each representing different

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