Crypto & Finance Glossary

The fee paid to process transactions on Ethereum and similar blockchains.

The maximum amount of gas you're willing to spend on a transaction.

Writing smart contracts that use as little computational resources as possible to save users money on transaction fees.

When a third party pays the transaction fees on behalf of a user.

The native token of a blockchain used to pay transaction fees.

When many people try to execute transactions at the same time, bidding up gas fees to get their transaction included first.

A mechanism where token holders vote on how protocol incentives (emissions) are distributed across different pools.

The total value of goods and services produced in a country over a period, usually a quarter or year.

The very first block in a blockchain, also called Block 0.

A platform that funds open-source projects through quadratic funding, where small donations from many people get amplified by a matching pool.

Good Morning.

A decentralized perpetual futures exchange that runs on Arbitrum and Avalanche.

A bullish technical pattern where the 50-day moving average crosses above the 200-day moving average.

The process of making decisions about a protocol's development and direction.

When someone acquires enough governance tokens to pass malicious proposals that benefit them at the expense of the protocol.

A token that gives holders voting rights in a protocol's decision-making.

The difference between the market price of Grayscale trust shares and the net asset value of the crypto they hold.

A small unit of ETH used to measure gas prices.