Glossary
Key terms and definitions used across CryptoScores
ATH
All Time High = the highest price ever reached by a cryptocurrency.
Burning
Burning = burning. The project burns some of the tokens to reduce their volume and create a scarcity effect that will support the price.
Buy back
Buy back = repurchase. The project uses part of its cash flow (e.g., part of the transaction fees) to buy back its own tokens in order to raise their price.
dApp
Digital Application = digital application. Software that runs on a blockchain, rather than on a centralized server, for the purposes of transparency, security, and reducing intermediaries. A dApp contains smart contracts to execute functions and rules.
DeFi
Decentralized Finance. These are financial features managed by smart contracts, with financial flows in one or more blockchains.
Marketcap
Market capitalization. This is the number of tokens currently in circulation, multiplied by the current price of the token.
Rust
A computer programming language used, among other things, for smart contracts in the Solana ecosystem. Inspired by C/C++, it is difficult to learn but renowned for its very high level of security.
Smart contract
A smart contract is a piece of computer code stored on a blockchain that executes automatically when certain conditions are met.
Solidity
A computer programming language for smart contracts in the Ethereum ecosystem, inspired by JavaScript and Python, simple and quick to learn.
Spot
Spot = Spot trading. This involves buying and selling an asset at market price, giving the buyer full ownership of that asset. This contrasts with derivatives trading, which allows speculation on future price fluctuations without owning the asset itself.
Stablecoins
A stablecoin is a cryptocurrency that is always worth $1 (or 1 euro, or 1 ounce of gold, etc.) and allows crypto-to-crypto transactions without going through fiat currency ($, euro). The largest stablecoins are USDT and USDC.
Tokenomics
The economic model of a token, studying its issuance, distribution, and utility.
TVL
Total Value Locked. This is the capital that is locked in Decentralized Finance, through the use of a smart contract feature, for example as collateral for a loan or as a liquidity contribution to receive interest.
VC
Venture Capital. Some companies invest very early in the life of a project. They obtain extremely low prices because they take higher risks than investors who come in later when the project has already proven itself.
Vesting
The right to a certain amount of tokens, usually purchased in advance, which will be distributed gradually. The distribution of vesting creates selling pressure.