Proof of Stake (PoS)

Proof of Stake is a consensus mechanism used in some blockchain networks as an alternative to Proof of Work. In PoS, participants known as validators are chosen to create new blocks based on their stake, which refers to the amount of cryptocurrency they hold and “lock” as collateral. Validators are selected through a deterministic process, […]

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Non-fungible token (NFT)

A non-fungible token (NFT) is a type of digital asset that represents ownership or proof of authenticity of a unique item or piece of content, such as artwork, collectibles, or virtual real estate. Unlike cryptocurrencies, which are fungible and can be exchanged on a...

Yield farming

Yield farming, also known as liquidity mining, is a practice in decentralized finance (DeFi) where users can earn rewards by providing liquidity to liquidity pools or participating in specific DeFi protocols. Users can lend, stake, or lock their cryptocurrencies in...

Liquidity mining

Liquidity mining is a process in decentralized finance (DeFi) where users can earn additional tokens by providing liquidity to decentralized exchanges or liquidity pools. By depositing their cryptocurrencies into these pools, users contribute to the liquidity of the...