Anything of value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
The DLC attestor creates pre-signatures for potential contract outcomes using the users' keys, its own private key, and a nonce. Multiple pre-signatures may be generated for complex outcomes. When the DLC is closed, the attestor views the observed outcome and attests to the corresponding signature, allowing the winning party to execute the contract.
A type of algorithmic trading system used in decentralized finance (DeFi) to facilitate liquidity and trading in digital assets.
A decentralized digital currency and a form of electronic cash.
The idea that Bitcoin is the best decentralized and resilient asset which lends itself to being pristine collateral but should be able to integrate and talk with other systems such as banks
An entity that has an on-chain and off-chain presence which relays data bi-directionally so that both environments can use it.
An asset or property pledged by a borrower to a lender as security for a loan.
E.g., CAD/USD, where the base currency "CAD" represents how much of the quote currency "USD" is needed for you to get one unit of the base currency. For example, if you were looking at the CAD/USD currency pair, the Canadian dollar would be the base currency and the U.S. dollar would be the quote currency. If CAD/USD = 0.75, it means that 1 Canadian dollar is equal to $0.75.
Short for "decentralized finance."
A collection of smart contracts that comprise a single DeFi organization
The amount of money owed by an individual
A blockchain-based exchange that does not store user funds and personal data on servers but only serves as an infrastructure to match buyers who wish to buy and sell digital assets and sellers. With the help of a matching engine
A sum of money placed into a bank or other financial institution for safekeeping.
Facilitate conditional, complex payments on Bitcoin between two or more parties. By creating a Discreet Log Contract, two parties can form a monetary contract redistributing their funds to each other without revealing any details to the blockchain. Its appearance on the Bitcoin blockchain will be no different than an ordinary multi-signature output, so no external observer can learn its existence or details from the public ledger.
The native token of the Ethereum network. All transactions on Ethereum require gas fees to be paid in ETH.
The runtime environment for smart contracts in the Ethereum blockchain.
An interest rate is the amount charged by a lender to a borrower for the use of money
A token given to LPs as a receipt for their deposit of assets into a liquidity pool. Can be traded or used with DeFi smart contacts just like other tokens.
A record or account used to sort
An obligation to pay or repay a debt or to settle an outstanding claim
A fee rendered on the price of assets of the collateral when liquidators purchase it as part of the liquidation of a loan that has passed the liquidation threshold.
The ratio of loan value to collateral value that leads to a loan being eligible to be liquidated. For instance
A pool of assets used by a decentralized exchange (DEX) that uses the automated market maker (AMM) method of creating a venue for crypto asset trading. Pools are supplied tokens by liquidity providers.
A user who has deposited assets into a liquidity pool for use by a decentralized exchange (DEX) for automated market making (AMM). Liquidity providers are generally incentivized to deposit assets into the pool by receiving incentive rewards
[Crypto] Sometimes called the collateral factor, the maximum amount of assets that can be borrowed with specific collateral. It is expressed as a percentage (e.g., at LTV=75%, for every 1 ETH worth of collateral, borrowers will be able to borrow 0.75 ETH worth of the corresponding currency). Once a borrow occurs, the LTV evolves with market conditions. [finance] The ratio of a loan to the value of an asset purchased.
A way to describe a service or software that manages cryptocurrency assets while giving users full control over the private keys that cryptographically prove ownership of those assets.
Holding the asset being tokenized onto another blockchain within the primary user of the wrapped asset's wallet.
Programs stored on a blockchain that run when predetermined conditions are met.
An object-oriented programming language that was created to construct and design smart contracts on Blockchain platforms such as Ethereum. It compiles and runs on the Ethereum Virtual Machine (EVM).
The degree of uncertainty or risk associated with the value of an asset.
A cryptocurrency wallet is a device