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Defi

DeFi is short for decentralized financeand is used to refer to a financial ecosystem built on blockchain technology.

Market

A cryptocurrency is a digital asset that employs cryptographic encrcyption to guarantee ownership and ensure the integrity of transactions.

Chains

Blockchain, it is a huge database that collects and stores information in a shared and decentralized way.

Stables

Stablecoins are tokens issued on the blockchain whose value is linked to an external asset, such as national currencies or precious minerals.

Pools

Liquidity pools are the formula that allow the exchange of cryptocurrencies on decentralized platforms, where intermediaries or professionals who adjust prices do not intervene.

CEX / DEX

A cryptocurrency exchange is the platform on which cryptocurrencies are exchanged for fiat money or other cryptocurrencies.

Airdrops

A cryptocurrency airdrop consist of distributing your native cryptocurrency to current or potential users for free.

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Types of Cryptocurrency

Although many cryptocurrencies share an infrastructure based on blockchain technology, there are significant differences between them. Broadly speaking, cryptocurrencies can be grouped into two categories: coins and tokens.

COINS AND ALTCOINS

A coin is any cryptocurrency that uses its own independent blockchain. For example, Bitcoin is considered a currency because it runs on its own infrastructure. Likewise, Ether operates through the Ethereum blockchain.

The term altcoin is used to refer to any currency other than Bitcoin. Many altcoins work in a similar way to Bitcoin. However, others, like Dogecoin, are quite different. For example, Doge offers an unlimited supply of coins, compared to Bitcoin's 21 million coin limit.

TOKENS

Like coins, tokens are also digital assets that can be bought and sold. However, tokens are a non-native asset, which means that they use the infrastructure of another blockchain. These include Tether, which is hosted on the Ethereum blockchain, and others like Chainlink, Uniswap, and Polygon.

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