Bakkt
By Cryptomcmillan1 | Updated on May 24, 2020
Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.
Related Terms
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Fully Diluted Valuation
Fully Diluted Valuation (FDV) is the market capitalization if the max supply of a coin is in circulation. The common mathematical formula used to calculate FDV is Current Price x Max Supply. Note that it can take 3, 5, 10 or more years before the FDV can be reached, depending on how the emission schedule is designed.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Mining Rig
A dedicated hardware to mine
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.
