Stablecoin
By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.
Related Terms
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Goblin Town
A term used to describe the market's persistent downtrend, synonymous with "bear market".
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
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