Crypto Terminology.A couple of times a week, you'll find helpful articles here with crypto terms. Later on, we'll dive deeper into more complex processes, but for now, let's start with the basics.
What is token burning?
Why do they do this?
๐ฐ Deflation: Burning reduces the total number of tokens in circulation, which can lead to deflation (a decrease in the overall supply of money in the economy). This, in turn, can increase the value of the remaining tokens.๐ช Demand Stimulation: When supply decreases and demand remains the same or increases, the price of an asset usually goes up. This attracts new investors.๐ฟ Project Image Improvement: Many projects use burning as a signal of long-term commitment and stability.
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#term #education #crypto #burn
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A 12-year long bad luck storyHave you had similar experiences? Share the pain in the comments!
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Crypto Terminology:
๐ป A market maker is a market participant who continuously places buy and sell orders for cryptocurrencies. Their main goal is to provide market liquidity, meaning they ensure that you can quickly buy or sell any cryptocurrency at a reasonable price.
Why are they needed?
๐ฐ Liquidity: Thanks to market makers, we can quickly execute trades without significant price fluctuations.
โ
Stability: They help smooth out sharp price swings, making the market more predictable.
๐ฅ Market Depth: Market makers ensure a large number of buy and sell orders, which positively impacts the entire market.
๐ซ On the downside, market makers can manipulate the market for their own personal gain or at the behest of a token founder, which negatively impacts the community. However, this is more the exception than the rule.
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#term #education #crypto #marketmaker
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Market MakerWhy are they needed?
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#term #education #crypto #marketmaker
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Eduton Eng
The Lost Dogs crew is spillin' the beans on what's next!๐ฎ Game: We're cookin' up a massive new game with a deep lore and sick mechanics. $WOOF will be your golden ticket to early access and will power the in-game economy.๐ฟ NFT: We're keepin' the hype train rolling with our collection, adding new utilities, and planning some fire collaborations.๐ฅ Burning: We're makin' burnin' $WOOF more fun and beneficial for the community.๐ป Partnerships: We're expandin' our network to hook up holders with more perks and benefits.โ๏ธ Content: We're droppin' new content, buildin' out the Lost Dogs universe, and diving deeper into the world of our furry friends.
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@Earn
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Forwarded from Lost Dogs Co Eng
๐ฅ ONLY 4 HOURS LEFT: CLAIM YOUR $WOOF NOW!
You have just 4 hours left to withdraw your $WOOF on Bitget without any fees. After that, only on-chain withdrawals will be available once the listing begins. Donโt miss your chance!
How to withdraw $WOOF:
1. Register on bitget.com
2. Log in to the game and enter your details. Here's a handy guide on how to find your UID and Deposit Address.
3. Wait for the airdrop directly to your account before the listing โ completely free of charge!
You have just 4 hours left to withdraw your $WOOF on Bitget without any fees. After that, only on-chain withdrawals will be available once the listing begins. Donโt miss your chance!
How to withdraw $WOOF:
1. Register on bitget.com
2. Log in to the game and enter your details. Here's a handy guide on how to find your UID and Deposit Address.
3. Wait for the airdrop directly to your account before the listing โ completely free of charge!
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Don't worry if you haven't withdrawn yet, tokens will be airdropped to your connected wallet during the listing.
WE ARE SO READY TO PUSH THE BUTTON!๐
Listing, $WOOF, tomorrow, 10:00 UTC
Bitget.com as the fastest growing CEX
STON.fi as the leading DEX on TON
Only the most dedicated and forward thinking ones
WOOLFG๐ถ
What price do you expect at listing? Share your thoughts in the comments!
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Something huge is launching today! ๐
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MAKE MEMECOINS GREAT AGAINThe price of the SOL token of the Solana blockchain has increased by 10% since the launch of the 'Trump memecoin.'
Did you buy this token? Maybe someone has already locked in profits? Share in the comments
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Terminology in Crypto:
โค๏ธ DeFi, or Decentralized Finance, is a new financial system built on blockchain. Unlike traditional banks, DeFi doesn't need intermediaries. All operations here happen automatically, thanks to smart contracts.
๐ Why is DeFi so popular?
โก๏ธ Key components of DeFi:
๐ Features of DeFi:
So, DeFi is a promising direction in the world of finance. However, like any new technology, it comes with risks. Before investing in any DeFi project, thoroughly research all aspects and don't forget about financial security rules.
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DeFi- Accessibility: Anyone with internet access can participate.
- Transparency: All transactions are recorded on the blockchain and are visible to everyone.
- Security: Smart contracts operate under strictly defined rules.
- DEX (Decentralized Exchanges): Allow you to trade cryptocurrencies without intermediaries.
- Smart contracts: Self-executing contracts, the backbone of DeFi.
- Staking: Earning rewards for holding cryptocurrency.
- Lending: Lending cryptocurrency for interest.
- Democratization of finance: Anyone can become a participant in the financial system.
- Financial independence: Less dependence on banks and other financial institutions.
- Volatility: Cryptocurrency prices can fluctuate significantly.
So, DeFi is a promising direction in the world of finance. However, like any new technology, it comes with risks. Before investing in any DeFi project, thoroughly research all aspects and don't forget about financial security rules.
How do you like the new article? If it was interesting - react, if something is unclear - write in the comments, let's figure it out!
#term #education #crypto #DeFi
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Today he plans to sign over 100 executive orders, including:
โ An order recognizing only two genders: male and female;
โ Declaration of drug cartels as terrorist organizations;
โ Sending troops to the southern border of the USA to stop illegal immigration;
โ Renaming the Mexican Gulf to the Gulf of America.
โ Today marks the beginning of the 'golden age' of America;
โ We will reclaim the Panama Canal;
โ We will send our astronauts to explore new planets, we will send them to Mars.
Do you think under Trump Bitcoin will rise to $1M?
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