Batch Auction
By CoinGecko | Updated on Sep 01, 2021
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool. The token price is then determined based on the total amount raised at the end of the auction.
Related Terms
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
Composability
Composability refers to the ability to combine different components of a software stack.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
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