Some of these terms are really confusing especially trying to navigate all of these terms as a newbie
Do they mean the same thing?
A thread🧵
You get into a project's presale, whitelist spots are being hustled for, and Boom! You see some folks talking about participating in private sales😀
The confusion then set it.
What are public and private sales?
Jan 28, 2023 • 13 tweets • 2 min read
Day 27 of 31 days crypto/Defi terminologies
IDO-Initial Dex Offering
What are IDOs?
How does it work, and how do investors benefit or profit from it?
A thread🧵
We have many offerings in the crypto/Defi space, the IDOs, the IEOs, the ICOs, and others, but this tweet would be limited to IDOs.
But then, there's something peculiar with these terms, which is the offering.
Jan 27, 2023 • 11 tweets • 3 min read
Day 26 of 31 days of crypto/Defi terminologies
Yield Aggregator
What are yield aggregators, and how do they operate?
A thread 🧵
Yield aggregators are also called auto compounders or yield optimizers, and they play a crucial role in the yield economy by combining different defi protocols
and strategies to maximize investors' profit.
Jan 23, 2023 • 11 tweets • 3 min read
Day 22 of 31 days of crypto/Defi terminologies
Tokenomics
A big part of a crypto project's success can be attributed to its tokenomics.
But what does the term "Tokenomics" mean?
A thread🧵
In layperson’s terms, Tokenomics, put separately, is token Economics, which is the Economics of Tokens.
This includes everything from a token’s supply and how it’s issued to things like what utility it has.
Jan 21, 2023 • 7 tweets • 2 min read
Day 20 of 31 days crypto/defi terminologies
Smart contract
A Defi protocol can only be said to be complete when there is a smart contract deployment.
What really are smart contracts?
A short thread🧵
Smart contracts are tools that can automatically execute transactions if certain conditions are met without requiring the help of an intermediary company or entity.
What the smart contract does is cut that central body of authority.
Jan 20, 2023 • 12 tweets • 3 min read
Day 19 of 31 days crypto/defi terminologies
Venture capitalist
Sometimes the term/title 'venture capitalist' is often misused by a lot of folks in the space
Who are venture capitalists?
A short thread🧵
Venture capitalists are known to be the prominent investors, the whales in the crypto/stock exchange market.
A venture capitalist (VC) is a private equity investor that provides capital to companies with high growth potential in exchange for an equity stake.
Jan 13, 2023 • 9 tweets • 2 min read
Day 12 of 31 days crypto/defi terminologies challenge
TVL- Total Value Locked
The Importance of TVL in the course of defi research cannot be overemphasized
A short thread🧵
Total Value Locked(TVL): is the overall value of crypto assets deposited in a decentralized finance (DeFi) protocol generally
TVL includes all the coins deposited in all of the functions that DeFi protocols offer, including:
- Staking
- Lending
- Liquidity pools
Jan 12, 2023 • 11 tweets • 2 min read
Day 11 of 31 days crypto/defi terminologies challenge
FDV- Fully Diluted Valuation
During research or going through some Defi analysis tools, the word ''Fully Diluted Valuation/ Marketcap'' is usually attached to the details of a token or coin.
You might wonder what this means and how it helps my research course.
A thread 🧵
Jan 9, 2023 • 12 tweets • 2 min read
Day 9 of 31 days crypto/defi terminologies challenge
-Onchain Analysis
-The vast majority of cryptocurrencies available on the market today use public blockchains to verify and record data.
-Because of this, the data is available “on-chain” for everyone to see, at any time and from anywhere in the world.
A short thread🧵
Jan 3, 2023 • 4 tweets • 1 min read
Day3
ICO
ICO stands for “initial coin offering,” and refers to a method of fundraising capital for early-stage cryptocurrency projects. In an ICO, a blockchain-based startup mints a certain quantity of its own native digital token and offers them to early investors, normally in
exchange for other cryptocurrencies or stables.
This kind of information for ICOs comes with research and can be accessed through certain research tools.
ICOs enable startups not only to raise funds without giving up equity but also to establish a community of incentivized users
