Glossary

AMM

Automated Market Maker is a system that provides liquidity to the exchange it operates in through automated trading.

API

Application Programming Interface is a software intermediary that allows two applications to talk to each other.

CEX

Cryptocurrency exchange, or a digital currency exchange, is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

DAO

Decentralized Autonomous Organization is an entity operating through a computer program that provides automated governance rules to a community

DEX

Decentralized Exchange is a peer-to-peer marketplace where transactions occur directly between crypto traders

EMV

Europay, MasterCard, and Visa

GPL

General Public License is a series of widely used free software licenses that guarantee end users the four freedoms to run, study, share, and modify the software.

ICO

Initial Coin Offering or Initial Currency Offering is a type of funding using cryptocurrencies.

KPI

Key Performance Indicator is a quantifiable measure of performance over time for a specific objective.

SDK

Software Development Kit is a collection of software development tools in one installable package

TGE

Token Generation Event refers to the initial release of cryptocurrency tokens to the public as a fund raising method, operating through the issuance of digital assets exchangeable for cryptocurrencies or Tokens during the start-up phase of a project

V3