Token standard (ERC-20, BEP-20)

A token standard refers to a set of rules and specifications that define how a particular type of token should behave and interact within a blockchain ecosystem. Two widely used token standards are ERC-20 and BEP-20. ERC-20 is the token standard for Ethereum, while BEP-20 is the token standard for the Binance Smart Chain. These […]

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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...