Warpcast's Dictionary
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crypto & its definitions - 1 word 1 definition at a time
The word of the day is exacerbate:
Word of the day : apothecary
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moxie star //หmawxฤ/-/stรคr/
1.
A moxie star is a prominent figure on Farcaster, celebrated for their significant achievements in blockchain projects and community
ex; 'one day i want to be a moxie star!'
moxie star //หmawxฤ/-/stรคr/
1.
A moxie star is a prominent figure on Farcaster, celebrated for their significant achievements in blockchain projects and community
ex; 'one day i want to be a moxie star!'
faristocracy (noun):
the elite users on farcaster known for their influence, high engagement, and trend setting leadership within the community.
the elite users on farcaster known for their influence, high engagement, and trend setting leadership within the community.
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memecoin /หmiหmoสkษษชn/
1.
A type of cryptocurrency inspired by internet memes and online culture, often created as a joke or for fun rather than with serious tech innovation or investment purposes. Memecoins can gain popularity and value rapidly due to social media trends and viral marketing, but they are typically considered highly speculative and risky investments.
"Dogecoin was a great memecoin until Elon shilled it"
memecoin /หmiหmoสkษษชn/
1.
A type of cryptocurrency inspired by internet memes and online culture, often created as a joke or for fun rather than with serious tech innovation or investment purposes. Memecoins can gain popularity and value rapidly due to social media trends and viral marketing, but they are typically considered highly speculative and risky investments.
"Dogecoin was a great memecoin until Elon shilled it"
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same difference /seษชm หdษชf.ษr.ษns/
1.
Phrasing
A phrase used to indicate that two things being compared are essentially the same or have the same result, even if they appear different.
"Whether we buy ham now or buy moxie, it's the same difference; we'll still arrive at giva wealth at the same hamn time."
same difference /seษชm หdษชf.ษr.ษns/
1.
Phrasing
A phrase used to indicate that two things being compared are essentially the same or have the same result, even if they appear different.
"Whether we buy ham now or buy moxie, it's the same difference; we'll still arrive at giva wealth at the same hamn time."
Spend some time to read this lp lesson:
How do LP tokens work?
Once crypto users decide to invest in LP tokens, they can choose the liquidity pool and start depositing crypto assets to receive LP tokens in return.
The LP tokens received are in proportion to the amount of liquidity provided, so if a user provides 10% of the liquidity to the pool, theyโll be issued 10% of the LP native tokens in that pool. The tokens will be added to the wallet used for liquidity and can be withdrawn along with interest earned at any time.
Providing liquidity to a centralized platform doesnโt generate LP tokens since the assets deposited are under the platformโs custody. On the other hand, DEXs and AMMs use LP tokens to remain noncustodial.
/warptionary /wikiwarp /300 @tn100x.eth
How do LP tokens work?
Once crypto users decide to invest in LP tokens, they can choose the liquidity pool and start depositing crypto assets to receive LP tokens in return.
The LP tokens received are in proportion to the amount of liquidity provided, so if a user provides 10% of the liquidity to the pool, theyโll be issued 10% of the LP native tokens in that pool. The tokens will be added to the wallet used for liquidity and can be withdrawn along with interest earned at any time.
Providing liquidity to a centralized platform doesnโt generate LP tokens since the assets deposited are under the platformโs custody. On the other hand, DEXs and AMMs use LP tokens to remain noncustodial.
/warptionary /wikiwarp /300 @tn100x.eth
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WEB 3: Glossary of Term: li / qui / di / ty
Liquidity is how quickly and easily an asset can be converted into cash or another asset. Decentralized exchanges like Uniswap have multiple liquidity pools where asset holders can deposit their assets where traders can buy and sell them in a decentralized way in exchange for rewards. Blocknative's mempool monitoring tools help traders track wallet activity, and track trading pairs and liquidity pools on Uniswap among other DEXs
/warptionary /wikiwarp /300 @tn100x.eth
WEB 3: Glossary of Term: li / qui / di / ty
Liquidity is how quickly and easily an asset can be converted into cash or another asset. Decentralized exchanges like Uniswap have multiple liquidity pools where asset holders can deposit their assets where traders can buy and sell them in a decentralized way in exchange for rewards. Blocknative's mempool monitoring tools help traders track wallet activity, and track trading pairs and liquidity pools on Uniswap among other DEXs
/warptionary /wikiwarp /300 @tn100x.eth
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letโs move forward to another key term of Crypto
Taxable Crypto Events
(ta / xa / ble / cryp / to / e / vents)
Some crypto taxes are categorized as capital gains and some as income taxes.
Capital Gains & Loss Events
โ Selling cryptocurrencies for fiat money, or government-issued money
โ Payment for goods or services, such as buying a car using Bitcoin income
โ The process of converting one cryptocurrency for another.
Income Tax Events
โ DeFi lending
โ Receiving airdropped crypto
โ Mining, Staking and liquidity pools
โ Crypto as a reward or bug bounty
โ Earning from transaction fees or block rewards for crypto mining
โ Token rewards from play-to-earn games like Axie Infinity
โ NFT artists minting income
/warptionary /wikiwarp /300
@tn100x.eth โ๏ธ
letโs move forward to another key term of Crypto
Taxable Crypto Events
(ta / xa / ble / cryp / to / e / vents)
Some crypto taxes are categorized as capital gains and some as income taxes.
Capital Gains & Loss Events
โ Selling cryptocurrencies for fiat money, or government-issued money
โ Payment for goods or services, such as buying a car using Bitcoin income
โ The process of converting one cryptocurrency for another.
Income Tax Events
โ DeFi lending
โ Receiving airdropped crypto
โ Mining, Staking and liquidity pools
โ Crypto as a reward or bug bounty
โ Earning from transaction fees or block rewards for crypto mining
โ Token rewards from play-to-earn games like Axie Infinity
โ NFT artists minting income
/warptionary /wikiwarp /300
@tn100x.eth โ๏ธ
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An Introduction to Farcaster
*Today Term to Unveil is Farcaster*
Centre Definition of Purple App:
Farcaster
(far / cas / ter)
Farcaster, a decentralized social media protocol, is currently making waves in the Web3 space by providing a platform to build decentralized social networks that are controlled by its users.
Farcaster, built on Ethereum, allows users to create public social profiles and communities to interact with others.
/warptionary /wikiwarp /300 @tn100x.eth
An Introduction to Farcaster
*Today Term to Unveil is Farcaster*
Centre Definition of Purple App:
Farcaster
(far / cas / ter)
Farcaster, a decentralized social media protocol, is currently making waves in the Web3 space by providing a platform to build decentralized social networks that are controlled by its users.
Farcaster, built on Ethereum, allows users to create public social profiles and communities to interact with others.
/warptionary /wikiwarp /300 @tn100x.eth
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Dig some up terms related to crypto and these are:
โขNon-fungible Token
โขMetaverse
Non-fungible Token (NFT)
(non/fun/gi/ble/to/ken)
A digital certificate of ownership that represents a digital or physical asset. An NFT has a unique code that allows it to be identified as something that can be digitally-owned. Think of NFTs as digital ownership of something like art work, sports memorabilia, photos, etc.
Metaverse
(me/ta/verse)
Online virtual worlds that stand alone or are interconnected. These virtual worlds provide users with an immersive experience by utilizing virtual or augmented reality technologies.
/warptionary /wikiwarp /300
@tn100x.eth
Dig some up terms related to crypto and these are:
โขNon-fungible Token
โขMetaverse
Non-fungible Token (NFT)
(non/fun/gi/ble/to/ken)
A digital certificate of ownership that represents a digital or physical asset. An NFT has a unique code that allows it to be identified as something that can be digitally-owned. Think of NFTs as digital ownership of something like art work, sports memorabilia, photos, etc.
Metaverse
(me/ta/verse)
Online virtual worlds that stand alone or are interconnected. These virtual worlds provide users with an immersive experience by utilizing virtual or augmented reality technologies.
/warptionary /wikiwarp /300
@tn100x.eth
Crypto Glossary of Term today is
BULL MARKET
(bull/mar/ket)
A bull market is the state of a financial market in which asset prices are rising or expected to rise.
The bull market cycle is rather simple in the bigger picture: When these metrics seem favourable, it leads traders to buy. As more traders demand these finite assets, the prices increase.
Bull Market Indicators:
Strong GDP
High employment rates
Strong demand for assets
Positive market sentiment
General interest in cryptocurrency in the mainstream media
/warptionary /wikiwarp /300
@tn100x.eth
BULL MARKET
(bull/mar/ket)
A bull market is the state of a financial market in which asset prices are rising or expected to rise.
The bull market cycle is rather simple in the bigger picture: When these metrics seem favourable, it leads traders to buy. As more traders demand these finite assets, the prices increase.
Bull Market Indicators:
Strong GDP
High employment rates
Strong demand for assets
Positive market sentiment
General interest in cryptocurrency in the mainstream media
/warptionary /wikiwarp /300
@tn100x.eth
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The key term for today to understand Crypto:
Validators
(va/li/da/tors)
are participants in a blockchain network who verify incoming transactions. Used in proof-of-stake platforms instead of miners, validators help maintain the integrity of a blockchain and keep it secure, receiving rewards for their work. Validators are chosen by the network to validate new blocks based on the amount of cryptocurrency they have staked in the network.
/warptionary /wikiwarp /300 @tn100x.eth
The key term for today to understand Crypto:
Validators
(va/li/da/tors)
are participants in a blockchain network who verify incoming transactions. Used in proof-of-stake platforms instead of miners, validators help maintain the integrity of a blockchain and keep it secure, receiving rewards for their work. Validators are chosen by the network to validate new blocks based on the amount of cryptocurrency they have staked in the network.
/warptionary /wikiwarp /300 @tn100x.eth
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Cryptopedia / Crypto Wikipedia
(W)
Whale
A term used to describe investors who hold large amounts of specific cryptocurrencies.
:crypto whale refers to a person or entity that holds a large amount of cryptocurrency, enough so that their transactions alone can affect the currency's markets
/warptionary /wikiwarp /300
@tn100x.eth
Cryptopedia / Crypto Wikipedia
(W)
Whale
A term used to describe investors who hold large amounts of specific cryptocurrencies.
:crypto whale refers to a person or entity that holds a large amount of cryptocurrency, enough so that their transactions alone can affect the currency's markets
/warptionary /wikiwarp /300
@tn100x.eth
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Market Cap
(mar/ket/cap)
A term used to describe the total value of a project, company or other entity. For crypto, market cap is calculated by taking the current price of a projectโs token and multiplying it by the total circulating supply.
For example: if a company has 1 million shares of outstanding stock and the stock currently trades at $50 per share, then its current market cap is $50 million
/warptionary /wikiwarp /300
@tn100x.eth followed the format you gave ๐ซก
Market Cap
(mar/ket/cap)
A term used to describe the total value of a project, company or other entity. For crypto, market cap is calculated by taking the current price of a projectโs token and multiplying it by the total circulating supply.
For example: if a company has 1 million shares of outstanding stock and the stock currently trades at $50 per share, then its current market cap is $50 million
/warptionary /wikiwarp /300
@tn100x.eth followed the format you gave ๐ซก
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bozo /boh - zoh/
1.
Alex Machinsky
Sam Bankman-Fried
Zagabond
Do Kwon
0xcodeee
etc...
"man there are some real bozos out here"
2.
A person who does crazy shit that sometimes turn out great in the most stupid way possible๐
"He trades shitcoins with low mcaps and somehow gets a 100x in some of em, he's a true BOZO"
bozo /boh - zoh/
1.
Alex Machinsky
Sam Bankman-Fried
Zagabond
Do Kwon
0xcodeee
etc...
"man there are some real bozos out here"
2.
A person who does crazy shit that sometimes turn out great in the most stupid way possible๐
"He trades shitcoins with low mcaps and somehow gets a 100x in some of em, he's a true BOZO"
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bozo /boh - zoh/
A person who does crazy shit that sometimes turn out great in the most stupid way possible๐
"He trades shitcoins with low mcaps and somehow gets a 100x in some of em, he's a true BOZO"
bozo /boh - zoh/
A person who does crazy shit that sometimes turn out great in the most stupid way possible๐
"He trades shitcoins with low mcaps and somehow gets a 100x in some of em, he's a true BOZO"
/warptionary
bozo /boh - zoh/
1.
Alex Machinsky
Sam Bankman-Fried
Zagabond
Do Kwon
etc...
"man there are some real bozos out here"
bozo /boh - zoh/
1.
Alex Machinsky
Sam Bankman-Fried
Zagabond
Do Kwon
etc...
"man there are some real bozos out here"
Minting definition by Crytpmedia (Cryto WikiโขPedia)
Minting // is a process that is used to create new tokens for a blockchain network. Minting requires no resources and is used to increase the circulating supply. It is often carried out by validator nodes (in systems that contain these types of nodes). Cryptocurrencies that are minted often have no upper supply limit and tend to rely on the constant growth of the project's economic system in order to remain valuable.
: Crypto minting is similar to the minting of fiat money within the traditional finance and banking process, in that there is in theory no limit to the amount of money that can be printed, except that the printing must be controlled to prevent excessive inflation/devaluation.
/warptionary /wikiwarp /300 @tn100x.eth
note: this is a good way wherein newbie can learned something different today related to Crypto Mining
Minting // is a process that is used to create new tokens for a blockchain network. Minting requires no resources and is used to increase the circulating supply. It is often carried out by validator nodes (in systems that contain these types of nodes). Cryptocurrencies that are minted often have no upper supply limit and tend to rely on the constant growth of the project's economic system in order to remain valuable.
: Crypto minting is similar to the minting of fiat money within the traditional finance and banking process, in that there is in theory no limit to the amount of money that can be printed, except that the printing must be controlled to prevent excessive inflation/devaluation.
/warptionary /wikiwarp /300 @tn100x.eth
note: this is a good way wherein newbie can learned something different today related to Crypto Mining
Cryptopedia short term for Crypto Wikipedia
Algorithmic Trading
(also known as algo trading) is a modern method of market trading that utilizes computer software coded to follow a particularly defined set of mathematical instructions โ an algorithm โ to place one or many trades simultaneously. The formulas compute against price, timing, quantity, and other mathematical models to follow specific strategies.
/wikiwarp /warptionary /300 @tn100x.eth
Algorithmic Trading
(also known as algo trading) is a modern method of market trading that utilizes computer software coded to follow a particularly defined set of mathematical instructions โ an algorithm โ to place one or many trades simultaneously. The formulas compute against price, timing, quantity, and other mathematical models to follow specific strategies.
/wikiwarp /warptionary /300 @tn100x.eth
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Four Loko /fohr loh-koh/
noun
1.
Crack cocaine in liquid form. A highly caffeinated energy drink. Commonly associated with blacking out. Four loko was a must have for crazy people. Tasted like carbonated antifreeze mixed with rubbing alcohol.
"Let's buy some four loko and rob the liquor store."
Four Loko /fohr loh-koh/
noun
1.
Crack cocaine in liquid form. A highly caffeinated energy drink. Commonly associated with blacking out. Four loko was a must have for crazy people. Tasted like carbonated antifreeze mixed with rubbing alcohol.
"Let's buy some four loko and rob the liquor store."