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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms10 shown

OthersideDeveloped by Yuga Labs's metaverse platform,BAYC and MAYC holders can use NFT as an identity marker.
asksThe selling price set by the asset holder to sell the asset.
whalesLarge holders with sufficient capital to place very large orders.
Decentralized autonomous organization (DAO)A governance structure in which token holders vote on matters such as protocol changes or treasury fund allocation.
OptionsGrants the holder the right to buy or sell an asset, but does not obligate the holder to exercise it.
Remove liquidityThe developer uses the liquidity pool (LP) tokens to withdraw the underlying assets from the pool, draining it and making it difficult for other holders to sell.
AirdropA method of distributing tokens directly to existing wallet holders or community members, rather than conducting a token sale.
Mutant SerumA token airdropped to select BAYC holders, which can be used to generate additional Mutant Apes from existing Bored Apes NFT.
Honeypot tokenA type of token with specific contract restrictions and risk characteristics, such as potentially making it difficult for holders to sell; token screening tools may attempt to identify related indicators.
Funding FeeIn the perpetual contract market, a fee that long and short position holders periodically pay to each other based on the funding rate.

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Definition

Airdrop

A method of distributing tokens directly to existing wallet holders or community members, rather than conducting a token sale.

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