Glossary

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 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 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

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 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

A soft fork is a backward-compatible protocol upgrade that modifies blockchain rules without splitting the network into two separate chains. Unlike hard forks, nodes that don’t upgrade can still participate in the network — though they may not recognize all new features. Soft forks are often used for gradual improvements