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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

Terms50 shown

AEROAerodrome's liquid native token, used to reward liquidity providers and lockable in exchange for veAERO.
ARC-20A fungible token created using the Atomicals protocol to represent ownership of assets on the Bitcoin network.
Agentic WalletA component in Binance Wallet's Agentic Hub that lets agents interact with tokens and decentralized finance protocols.
AllocationThe share of tokens or equity that a crypto project reserves for specific investors, team members, groups, or organizations.
AltcoinA general term for cryptocurrencies other than Bitcoin; in broader usage it often also includes digital assets that are technically tokens.
ApeCoin (APE)The governance and utility token of the Ape ecosystem, used to support governance decisions and transactions within related products.
B-TokenBinance's official name for a series of fully collateralized wrapped tokens. Each B-Token represents a transferable version of an original asset on another compatible blockchain.
BEP-1155A multi-token standard for BNB Smart Chain that can manage fungible tokens and NFTs within a single smart contract.
BEP-2The historical standard originally used by the BNB Beacon Chain to issue and manage tokens; the chain has since been retired through the Fusion process.
BEP-20The token standard on BNB Smart Chain that enables bStocks to be transferred and used in compatible wallets and on-chain applications.
BEP-721A standard defining the rules for creating and using non-fungible tokens (NFTs) on BNB Chain.
BNBBNB is the native cryptocurrency and utility token of BNB Chain, used for fees, staking, and interactions with on-chain applications.
BNB Beacon ChainOne predecessor of BNB Chain, primarily serving as a governance layer for staking and voting and using the BEP-2 token standard.
BNSOLA tradable liquid staking token representing SOL staked by users on Binance; it accrues staking rewards and can be redeemed for SOL at the exchange rate.
BRC-20An experimental standard for minting and transferring fungible tokens on the Bitcoin blockchain using the Ordinals protocol.
BRC-20 TokenAn experimental token standard that uses the Bitcoin Ordinals protocol to mint and transfer fungible tokens.
BagsAn informal term for the coins or tokens a person holds, often referring to a relatively large holding of a particular crypto asset.
BscScanA BNB Chain block explorer that can be used to verify BEP-20 token contract addresses.
DYORAbbreviation for “Do Your Own Research,” referring to independently verifying information such as the team, audits, token unlocks, and on-chain signals.
DeFi tokensAssets associated with decentralized finance applications, including lending platforms, decentralized exchanges, and yield protocols.
DelistingThe process by which a trading platform removes a cryptocurrency or token, withdraws its trading pairs, and stops supporting its trading.
Do Your Own Research (DYOR)The practice of personally researching a token or cryptocurrency instead of relying only on what others say.
ERCAn Ethereum Request for Comments proposal, mainly used to establish common application-layer standards such as token standards.
ERC-1155An Ethereum token standard that lets a single smart contract create and manage multiple fungible and non-fungible token types.
ERC-20A widely used token standard on the Ethereum network that specifies implementation rules for token contracts and supports ecosystem application integration.
ERC-721The Ethereum standard defining interfaces for non-fungible tokens with unique identifiers and on-chain ownership records.
Fan TokensBlockchain-based digital assets created by sports teams, clubs, or brands to strengthen fan engagement and provide specific benefits.
Fungible tokensTokens whose individual units have equivalent value and properties and can be exchanged with one another.
HoneypotIn crypto assets, a scam that entices users to deposit funds or buy a token but prevents them from selling or withdrawing.
Howey TestA method used in the United States to assess whether a token offering falls within the definition of a security.
ICOA token or digital asset distribution event in which participants typically use another coin or token to purchase the offered asset.
IssuanceIn crypto, the creation of new cryptocurrencies or tokens and their introduction into circulation according to a project's rules.
Leveraged TokensA type of cryptocurrency derivative that algorithmically adjusts leverage, giving traders a simplified way to obtain leveraged long or short exposure to a particular cryptocurrency.
Liquid Restaking Token (LRT)A transferable token representing a restaked position that lets holders continue using the value of their assets while earning rewards related to restaking.
Liquid stakingA form of staking that usually issues users a tradable receipt token after they stake assets.
Meme coinsTokens originating from internet memes or cultural elements whose prices often exhibit high volatility.
NFTA non-fungible token that represents a unique digital asset and can be used to establish ownership of that asset.
Non-Fungible Token (NFT)A type of crypto token that represents unique digital assets or real-world assets and is not interchangeable with one another.
Non-fungible tokensTokens whose individual units have unique properties and cannot be exchanged equally for other tokens.
Non-fungible tokens (NFTs)Unique digital tokens representing ownership of a specific item, such as digital art, a collectible, or a gaming asset.
OP_RETURN OpcodeAn opcode for attaching extra data to a Bitcoin transaction; the Runes protocol uses it to record token information.
ORC-20A Bitcoin-based token format similar to BRC-20, represented by JSON files inscribed on satoshis.
OTPA one-time password or verification code that can be used only for a specific authentication process and is usually generated by an authenticator or hardware token.
Over the Counter (OTC) tradingA method of buying and selling tokens outside an exchange’s public order book, helping avoid large orders directly affecting the available execution volume in the order book.
Platform tokensAssets used to support blockchain network operations, pay transaction fees, and execute smart contracts.
Proof of StakeA consensus mechanism in which validators lock up tokens to help secure the network and validate blocks.
Proof of Stake (PoS)A consensus mechanism that grants block validation rewards according to the number of tokens staked by a validator.
RWAThe representation of ownership in off-chain assets such as government bonds, real estate, or commodities as blockchain tokens.
Real-world asset (RWA) tokensTokenized representations of physical or financial assets such as real estate, commodities, or government bonds that can be issued and traded on-chain.
SPLA standard that specifies how tokens operate and interact on the Solana network, and supports interoperability with wallets and smart contracts.

Definition

OTP

A one-time password or verification code that can be used only for a specific authentication process and is usually generated by an authenticator or hardware token.

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