Web3 Glossary

To the moon——Price continues to skyrocket
LFG——Let’s F***ing Go, go go go
Whitelist——Whitelist
Pre-sale——Pre-sale
Bonus——Additional reward
BTC——Bitcoin
ETH——Ethereum
Crypto——Cryptocurrency
Meme——Meme coin
NFT——Non-fungible Token
FOMO——Fear of Missing Out
FUD——Fear, Uncertainty, Doubt
GM——Good morning
HODL——Hold long-term
Bull Market——Bull market
Bear Market——Bear market
DeFi——Decentralized Finance
Staking——Staking
Mining——Mining
Liquidity Pool (LP)——Liquidity pool
Yield Farming——Liquidity mining

ICO——Initial Coin Offering
IDO——Initial Digital Asset Offering
IEO——Initial Exchange Offering
DEX——Decentralized Exchange
CEX——Centralized Exchange
Fiat——Fiat currency
Wallet——Wallet
Private Key——Private key
Public Key——Public key
Smart Contract——Smart contract
Gas Fee——Gas fee
Rug Pull——Rug pull scam
DYOR——Do Your Own Research

APY——Annual Percentage Yield
TVL——Total Value Locked
KYC——Know Your Customer
DAO——Decentralized Autonomous Organization
Layer 1 (L1)——Layer 1 blockchain
Layer 2 (L2)——Layer 2 scaling solution
BSC——Binance Smart Chain
Cross chain——Cross-chain
Bridge——Cross-chain bridge
Oracle——Oracle

Airdrop——Airdrop
Soft Fork——Soft fork
Hard Fork——Hard fork

Block Reward——Block reward
Hash Rate——Hash rate
Satoshi (SATS)——Smallest unit of Bitcoin
Gwei——Ethereum transaction fee unit
Seed Phrase——Seed phrase
POS——Proof of Stake
POW——Proof of Work
GameFi——Blockchain gaming finance
SocialFi——Social finance

Binance——Binance
OKX——OKX
CZ——Founder of Binance
AMA——Ask Me Anything
DM——Direct Message
VC——Venture Capital
MC——Market Cap
KOL——Key Opinion Leader

Paper hand——Paper hand
Diamond hand——Diamond hand
Metamask——MetaMask wallet
U——Stablecoin
CMC——CoinMarketCap

Mn——Million
Bn——Billion
ATH——All-Time High
ATL——All-Time Low
Whale——Whale
Pump and Dump——Pump and dump
Shill——Shill
Rekt——Huge loss
BTD / BTFD——Buy the dip
AML——Anti-Money Laundering