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Glossary

Sharding

Sharding is a scalability technique used in blockchain networks to split the network into smaller, independent parts called shards. Each shard processes its own transactions and smart contracts in parallel, significantly increasing the blockchain’s overall throughput and efficiency. Instead of every node processing every transaction, nodes are assigned to

Transaction

A transaction in the context of blockchain is a recorded action that represents the transfer of data or value between two or more parties on a distributed ledger. Transactions are the fundamental units of operation in blockchain systems, enabling activities such as transferring tokens, invoking smart contracts, or updating states

Tokenomics

Tokenomics (short for token economics) refers to the economic design and structure behind a cryptocurrency or tokenized ecosystem. It defines how a token is created, distributed, managed, and used within a blockchain project, influencing everything from user incentives to governance participation and long-term sustainability. Tokenomics plays a critical role in

Token Vesting

Token vesting is a mechanism that gradually releases tokens to recipients over a predefined period rather than granting them all at once. It is commonly used in blockchain projects to manage the distribution of tokens to team members, advisors, investors, and contributors. Vesting ensures long-term alignment of incentives and helps

Token Generation Event (TGE)

A Token Generation Event (TGE) is the moment when a new cryptocurrency token is officially created and deployed on a blockchain. It marks the initial minting and release of tokens that will power a project’s ecosystem, enable fundraising, or provide utility within a decentralized application. The TGE is a

Total Supply

Total supply refers to the number of tokens or coins that have been created or minted by a project, minus any that have been burned or permanently removed from circulation. It represents the total amount of a cryptocurrency that currently exists — whether it is in circulation, locked, vested, or reserved

Total Value Locked (TVL)

TVL (Total Value Locked) refers to the total amount of crypto assets deposited into a DeFi protocol or blockchain network’s smart contracts. It represents the cumulative value of tokens locked for purposes such as liquidity provision, staking, lending, or yield farming. TVL is one of the key indicators of