STO
By Cryptomcmillan1 | Updated on May 24, 2020
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges. STOs are classified as securities by the juridstiction which they are issued in, and as such as more regulated compared to its counterpart, Initial Coin Offering (ICO) which were subject to various fraudulent schemes.
Related Terms
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
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