deBridge DeFi Glossary | Understand The Words of Crypto
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Gas

Gas is the fee paid to process transactions on a blockchain. Higher network activity leads to higher gas costs.

Fear Of Missing Out (FOMO)

FOMO is the fear that you’re missing a profitable opportunity. It often leads to emotional or rushed decisions in crypto.

Zero-Knowledge Proofs

Zero-knowledge proofs verify the validity of transactions without disclosing any details about them. They enable privacy-preserving transactions and identity systems.

DApp

DApp is a decentralized app built on smart contracts. It runs on a blockchain instead of centralized servers.

DAO (Decentralized Autonomous Organization)

DAO is a community-run org governed by code and voting and controlled through smart contracts. Members vote on changes and proposals.

Central Bank Digital Currency (CBDC)

A CBDC is digital money issued by a country’s central bank. It aims to combine blockchain features with government-backed currency.

CeFi

CeFi refers to centralized financial services like exchanges or lenders. Users trust companies to manage funds on their behalf.

Alpha

Alpha refers to early information or an early preview of a new product. It is often shared privately before a public release.

All-Time High (ATH)

The all-time high is the highest price an asset has ever reached. Traders use it as a reference point for market strength.
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