Key Terminology

• Tokenomics: the topic of understanding the supply and demand characteristics of cryptocurrency. These numbers help to enable transparency and monitoring of different aspects of the supply of a currency.

• Deflationary: the number of tokens in circulation decreases, making an individual token more valuable.

• Staking: is a way of earning passive income by using certain cryptocurrencies to help verify transactions on a blockchain network.

• Farming: is lending or staking your cryptocurrency coins or tokens to get rewards in the form of transaction fees or interest.