Crypto Glossary
De-Fi Glossary
A Crypto Glossary is like a magical tome for deciphering the secrets of the untamed cryptocurrency woodland and its twisting blockchain vines!
No longer will you wander, feeling lost amidst the dense thicket of acronyms and technical vernacular. This enchanted lexicon shall be your indispensable guide through the mystic digital territory.
Its ancient parchment pages contain the arcane writings needed to unveil the mysteries of "altcoins," "mining," and other mythical tongues. The glossary's illuminating definitions will pierce through obscuring fogs of jargon like rays of sunlight through the forest canopy.
Diamond Hands
Describes investors who have strong conviction in their investments (like $PUFF) and can withstand market volatility without selling their holdings.
Only Diamond Hands survive.
Show your Diamond Hands and hold through the dips!
Bagholder
Describes investors who are left holding onto depreciating assets that have significantly declined in value from their purchase price.
I'm a bagholder now, stuck with tokens that keep sinking.
Bagholder here, bought high, now just holding tight.
Ape
A term used to describe an investor who quickly enters into investments, often influenced by hype or current trends, without thorough analysis. While it can show market enthusiasm, it may lead to impulsive decisions and risks if not careful.
We ape first and regret later.
She regrets aping into the token.
Whale
A large investor or entity that holds a significant amount of a particular cryptocurrency or token.
Keep an eye out for whale movements; they can influence market trends with their large trades.
HODL
A community of long-term holders who steadfastly believe in the potential of their chosen cryptocurrency, forming a hive of dedicated investors.
HODLers unite!
HODL gang stays strong.
FOMO
FOMO stands for "Fear Of Missing Out." This describes the feeling of anxiety or unease that arises when one feels pressured to participate in an event or activity for fear of missing out on something exciting or beneficial.
Members of the Puff community experienced FOMO when they saw the limited-time offer for the special edition Puff potion.
Seeing others earn rewards, I couldn't resist joining the yield farm—total FOMO!
Rekt
An investor suffering significant losses or setbacks, often due to poor investment decisions or market volatility.
Investors got rekt when the Terra ecosystem collapsed, wiping out billions in LUNA and UST holdings.
Bullish
A positive sentiment on the price of a cryptocurrency or the overall market, indicating an expectation of upward price movement.
The community is bullish about the upcoming Puff the Dragon token release, expecting its value to surge.
Bearish
A negative sentiment about the price of a cryptocurrency or the overall market, suggesting an expectation of downward price movement.
After the recent market correction, many investors are bearish about the short-term prospects of meme coins like Dogecoin.
Moon
It's a term used to express the belief or hope that a cryptocurrency's price will skyrocket to astronomical levels, leading to significant profits for investors. When a cryptocurrency is said to be "mooning," it means its price is increasing, and if it has "mooned" it implies that it has already achieved remarkable growth.
Crypto influencers often cheer for their favorite token, hoping they'll moon and bring massive gains.
Scalp
A short-term trading strategy where an investor seeks to profit from small price movements in a cryptocurrency or token by making frequent trades.
I'm scalping the Puff token, buying low and selling high within short time frames to capitalize on small price fluctuations.
Investors often scalp popular tokens with high volume, swiftly buying and selling to capture tiny price changes and maximize profits.
Delist
The removal of a cryptocurrency or token from a trading platform or exchange.
The team decided to delist the token temporarily for technical upgrades, promising to relist it with improved features and security measures.
Shill
Promoting or endorsing a cryptocurrency or token for personal gain, often without disclosing potential conflicts of interest.
Avoid falling for shills promising unrealistic returns.
BTD
It stands for "Buy The Dip," which is a common strategy where investors purchase assets when their prices have dropped, expecting a future increase in value.
Smart investors know BTD during market downturns to maximize their returns.
Paper Hand
Describes an investor who sells their cryptocurrency holdings quickly and easily, often at the first sign of price decline or market volatility, instead of holding onto them for the long term.
Don't be a paper hand; hold onto your NFT through market fluctuations for greater rewards.
Weak Hands
Investors who are easily influenced by short-term market fluctuations and tend to sell their cryptocurrency holdings quickly during periods of uncertainty or price volatility.
Avoid being weak hands and instead focus on the long-term potential of the Puff the Dragon project.
Honey Pot
A DeFi project designed to attract investors with the intention of stealing their funds.
Investors got rekt after falling for a honey pot disguised as a promising DeFi project.
Lambo
Achieving substantial profits from cryptocurrency investments to the extent that one can afford to buy a Lamborghini.
His Lambo dreams came true after his crypto investments surged.
Moonboy/Moongirl
Refers to someone who's super excited about a cryptocurrency's price going way up, like to the moon!
The community is filled with Moonboys and Moongirls eagerly awaiting the next price surge.
Rugpull
A situation where creators of a cryptocurrency project abruptly withdraw liquidity or abandon the project, causing investors to lose their funds.
Investors were devastated when the project's creators executed a rugpull, disappearing with all the funds.
Flip
Quickly buying and selling a cryptocurrency for a profit, often within a short period.
She's a master at flipping cryptocurrencies for profit.
Flippening
A potential or hypothetical event where one cryptocurrency overtakes another in terms of market capitalization.
If Mantle's innovations and adoption surge ahead, experts speculate that a Flippening might transpire, where Ethereum overtakes Bitcoin in market capitalization.
Pump & dump
Refers to raising the price of a cryptocurrency with false information, then selling it quickly for profit.
Be cautious of pump-and-dump schemes promising quick profits.
DAO
DAO stands for Decentralized Autonomous Organization where every member has a say in the direction of the project or community without any central authority calling the shots. From voting on proposals to funding new initiatives, DAOs empower individuals to be active participants in shaping their shared destiny.
Our DAO just approved a new initiative to improve community engagement.
TVL
Stands for Total Value Locked, representing the total worth of assets locked in a decentralized finance (DeFi) protocol.
Puff's TVL crossed ATH, surpassing $100M.
Addy
It is a term for "address", typically referring to a cryptocurrency wallet address used for sending and receiving digital assets.
Make sure to double-check the addy before sending any transactions.
ATH/ATL
ATH stands for All-Time High, representing the highest price level ever reached by a cryptocurrency, while "ATL" stands for All-Time Low, indicating the lowest price level ever recorded.
Many investors are optimistic about Puff's potential to surpass its previous ATH.
CEX
Centralized Exchanges, refers to a traditional cryptocurrency exchange platform that operates with a central authority overseeing transactions.
Investors often use a CEX like Coinbase or Binance to buy and sell cryptocurrencies.
DEX
Stands for Decentralized Exchange, a type of cryptocurrency exchange that operates without a central authority. Instead, it relies on smart contracts and blockchain technology to facilitate direct peer-to-peer (P2P) user transactions.
Uniswap is a popular DEX where users can trade cryptocurrencies directly from their wallets without trusting a central authority.
FUD
This stands for Fear, Uncertainty, and Doubt. It refers to the spread of negative or misleading information intended to create fear or doubt about a particular cryptocurrency, project, or market.
FUD about a potential regulatory crackdown caused panic selling among investors, leading to a temporary price dip.
LFG
Stands for "Let's F***ing Go!" It's an expression to rally excitement or motivation within the Web3 community.
Bitcoin just hit a new all-time high! LFG, crypto fam, let's ride this wave to the moon!
Nocoiner
Someone who does not own any cryptocurrency. This term is often used in a playful or derogatory manner within the Web3 community.
Don't listen to him, he's just a nocoiner who doesn't understand the Web3 potential.
Airdrop
The distribution of free tokens to wallet addresses, usually as a marketing strategy or community-building effort.
I just received an airdrop of Puffs tokens by participating in their meme contest.
DYOR
DYOR stands for "Do Your Own Research", advising individuals to thoroughly investigate before making investment decisions.
Before investing in any project, always remember to DYOR to avoid potential risks.
Normie
Someone unfamiliar with the cryptocurrency or blockchain community, and may lack an understanding of these technologies. It's a casual term sometimes used to describe those outside the circle of enthusiasts or experts in the field.
During the crypto meetup, I noticed a few normies who seemed lost whenever the conversation shifted to DeFi or blockchain topics.
Degen
Short for degenerate, a degen is a person who invests large sums of money into risky and speculative tokens. As a major part of crypto culture, the word “degen” is often used playfully.
Memecoins are filled with degens, trying to make it.
I degened a little too hard into this new project yesterday.
Gwei
Short for gigawei, a unit of measurement within the Ethereum network. It serves as the smallest denomination of Ether (ETH), where 1 Gwei = 0.000000001 ETH or 1 billionth of an ETH.
Gwei is used to calculate transaction fees and computational costs on the Ethereum blockchain, similar to how cents are the smallest units in traditional currencies.
Today, the gwei is off the charts due to the launch of the new hyped token.
During periods of high network congestion, gwei can surge as users compete to have their transactions processed quickly.
ICO
Stands for Initial Coin Offering, a fundraising method cryptocurrency projects use to raise capital.
The new project is having an ICO next week to raise funds for its development.
Layer 1 / Layer2
Layer 1 and Layer 2 solutions are independent blockchains which serve different purposes but are connected to each other. Layer 1 is the base blockchain layer (Like Ethereum or Bitcoin), which is the most secure, and where the bulk of the transactions get settled. Layer 2 solutions, on the other hand, are protocols built on top of Layer1 blockchains to enhance scalability and functionality. They handle transactions off-chain, reducing congestion on the main network.
Layer 2 solutions like Mantle are set to see unprecedented growth this cycle.
Staking
This involves supporting a blockchain network's operations and verifying transactions by participating in a Proof of Stake (PoS) consensus mechanism. Participants lock up a specific amount of cryptocurrency, essentially as a deposit, to validate transactions. As a reward for their contribution, they earn additional cryptocurrency.
Thinking of staking my crypto to earn passive income by supporting the blockchain.
Shitcoin
It's often used to describe coins that lack genuine utility, have questionable fundamentals, or are involved in scams or pump-and-dump schemes.
Be careful where you invest; there are many shitcoins out there promising big returns but delivering nothing.
WAGMI
Stands for "We're All Gonna Make It," a popular phrase used in the crypto community to express optimism and confidence in the potential for profits or success in the market.
WAGMI, fellow hodlers! Let's ride this bull market.
Vesting
The gradual release of tokens or assets to an individual over a predetermined period, typically as part of a reward or compensation plan. It's commonly used to incentivize long-term commitment and prevent immediate dumping of tokens on the market.
The team's tokens are subject to a four-year vesting schedule, with 25% released each year.
Yield Farming
This typically involves borrowing funds or using leverage to increase potential profits from activities like lending out assets, staking, or providing liquidity to trading pools.
She's been yield farming across multiple platforms and compounding her gains.
Pre-rich
Individuals who believe they will become wealthy due to their investments or involvement in cryptocurrency projects, even though they may not currently have significant wealth.
His pre-rich dreams include a yacht party for when Dogecoin hits a dollar!
Crypto Natives
Early adopters of cryptocurrency and blockchain technology, possessing extensive knowledge and experience in the field.
Crypto natives can offer valuable insights and guidance to newcomers in the rapidly evolving world of Web3.
Crypto Noobs
Individuals who are new to the world of cryptocurrency and blockchain technology, often lack experience and knowledge in this field.
Crypto noobs may need guidance and support from Crypto natives to understand the complexities of cryptocurrencies.
Cryptobro
Individuals who are enthusiastic about crypto and actively engage in trading, investing, and discussing crypto-related topics.
Watch out for the Cryptobros in the chat channels; they're always sharing hot tips and talking about their latest gains.
Puff's Glossary
Puff the Dragon has picked up a few special words along his journey through the De-Fi dark forest. He wants his puff frens to understand him better and has listed down various terms from his vocabulary.
Fren-running
Describes a scenario where a friend executes a trade ahead of you, possibly after learning about your intended trade.
Caught my buddy fren-running again.
My friend fren-ran on the token I was eyeing, but it's okay, I'll find another opportunity.
Puff Pals
A term of endearment for fellow Puff community members who support and collaborate with each other within the ecosystem.
Puff Pals always have each other's backs.
Shoutout to my Puff Pals.
Puff Alpha
Insider information or exclusive insights about Puff the Dragon project, which will give you a significant advantage over the public.
Dropping some new Puff Alpha shortly.
Puff keepers just got some exclusive Puff Alpha.
Degen community
A subgroup within the Puff the Dragon project characterized by high-risk, speculative behaviour and eagerness to participate in unconventional investment opportunities.
When it comes to experimental tokens and projects, you'll find the Degen community leading the charge with their fearless approach to investing.
$mETH
$mETH refers to Mantle Staked Ether, an ERC-20 token representing Ethereum that is staked on the Mantle protocol.
By converting my Ethereum into $mETH and staking it on Mantle, I'm earning additional rewards.
I earned extra tokens by staking my Ethereum as $mETH on Mantle.
eWOM
eWOM stands for electronic word of mouth. It means sharing information, opinions, or recommendations about PUFF among users and across various online platforms.
Effective eWOM campaigns can help boost potential investors' awareness and adoption of the Puff token.
2
Represents "2getherness", conveying a sense of unity or collaboration within the community.
Our success is built upon the foundation of 2getherness, where every member contributes to our shared goals.
4
One of CZ's four principles which outlines "Ignore FUD, fake news, attacks, etc."
After facing trading violations, CZ decided to stick to his principle of '4' and focused on the positive aspects of the project.
CT
Stands for "Crypto Twitter," referring to the community of users on Twitter who are actively engaged in discussions related to cryptocurrency.
Have you seen the latest CT posts about Puff the Dragon? They are cooking a lot of excitement.
Sefu's FUD Mountains
Baseless fears spread by an individual or group, often causing uncertainty or doubt among investors. This term is loosely based of OxSifu, the pseudonymous Wonderland co-founder and treasury manager, who was responsible for the downfall of the project.
Watch out for Sefu's FUD Mountains; they're trying to shake up confidence in the project with unfounded claims.
DINOsaur-sized yields
Exceptionally high profits or returns earned from investments or activities within the cryptocurrency space.
Investors are chasing DINOsaur-sized yields in the latest DeFi project, hoping to capitalize on the growing crypto market.
REKTstruction
Derived from the words “rekt” and “destruction”, this term represents significant losses or setbacks experienced in cryptocurrency investments or activities.
The war news caused absolute REKTstruction, wiping out millions of trades due to liquidations.
Acing
This suggests that someone has made profitable and well-executed decisions, resulting in significant gains.
If you want to ace your investments, conducting thorough research and staying updated on market trends is essential.
Puffhalla
Derived from the fusion of "Puff" and "Valhalla". Puffhalla represents a community where members aspire to ascend to greatness and reap significant rewards.
After investing wisely, he felt like he had finally reached Puffhalla, enjoying the fruits of his crypto journey.
mETHereal
This term combines "mETH" with "ethereal," suggesting a sense of positivity and enthusiasm surrounding the token's use and potential benefits within the project. The prefix "mETH" refers to Mantle Staked Ether, focusing its connection to the Mantle Network and its role in Ethereum staking.
Overall, "mETHereal" captures the unique and positive qualities of the mETH token, highlighting its significance within the project and its potential to elevate the experience of participants in the Mantle ecosystem.
The community's response to the latest meme coin launch was pure mETHereal madness, with everyone joining in on the fun.
P-Acing
Achieving exceptional results or progress within the Puff community or any related ventures associated with the project.
He's been P-Acing lately with his NFT investments, earning significant profits in a short period.
Crystal mETH clear
Something which is extremely transparent, easy to understand, or evident.
The project's roadmap is crystal mETH clear, outlining every step and objective for the community to follow.
Don’t be a Morty
It means not to be naive or easily manipulated, similar to the character Morty from the animated show "Rick and Morty" who often finds himself in risky situations due to his gullibility.
He fell for the scam without questioning it, acting like a Morty instead of a smart investor.
Mantle
Mantle Network is an L2 solution for the Ethereum blockchain that improves its performance and scalability. It helps reduce congestion on Ethereum by moving some tasks off the main network, making transactions faster and cheaper.
L2 solutions like Mantle Network help Ethereum handle more users and transactions.
$MNT
An ERC-20 token in the Mantle ecosystem with dual functions: governance and utility. It allows holders to participate in decision-making processes and access features like paying gas fees and staking for node participation on Mantle Network.
Make sure to hold some MNT tokens; they're essential for covering transaction fees on the Mantle Network.
$mUSD
$mUSD is a stablecoin within the mETHLab ecosystem, pegged to the value of the US dollar.
I'm converting my $Puff tokens to $mUSD to stabilize my holdings during market fluctuations.
$PUFF
$Puff is a novel Memecoin that redefines the category.
I just bought some $PUFF tokens to join the Puff the Dragon community!
Dark Forest
The Dark Forest represents a mystical crypto realm where Puff steps on a transformative journey across six chapters. Each chapter presents unique challenges and rewards, symbolizing different aspects of the journey.
Entering the dark forest of crypto can be scary, but with proper research and guidance, investors can find hidden treasures.
Mystic potions
A special formula that grants power to Puff and enables users to obtain Puff tokens.
Make sure to get your hands on some mystic potions during the token sale to boost your Puff token holdings!
GN-z11
This term signifies exceeding expectations by referencing "Farthest known Galaxy! We passing the moon." Commonly used to celebrate reaching significant goals or achievements.
After months of hard work, we finally launched our product into the market, reaching GN-z11.
Potion Nazi
Someone who is possessive or strict about their share of potions in the Puff the Dragon project, often reacting strongly to any noticeable changes in potion availability or distribution.
I've become a Potion Nazi! Seeing others make potions makes me worry about my share getting smaller.
Community Multiplier
CM is a metric or number that reflects an individual's level of involvement or activity within Puffs' project.
It considers various actions like selling, holding, or buying tokens, while also factoring in whether someone has sold their entire allocation and then repurchased at a lower price, as well as whether one has been holding tokens since day one.
To boost your community multiplier, consider holding your tokens instead of selling them.
The community multiplier rewards long-term holders who have been involved in the project since day one.
Soulbound NFT
A type of NFT minted for Puff holders that is permanently bound to their wallet address. Once minted, this NFT cannot be transferred or sent to another address, ensuring that only the owner of the Puff wallet has access to it.
Even after transferring Puff tokens to a new wallet, the Soulbound NFT remains intact in the old wallet.
Vial
A digital asset or token obtained by mETH holders in Puff's journey used to claim $Puff tokens or participate in the project's activities.
Just like potions, vials are special items in Puff's adventure that help you get more $Puff tokens.
Puffdrop
The distribution of $PUFF tokens or rewards to project participants, similar to an airdrop. It involves allocating digital assets to users' wallets to incentivize participation or reward engagement within Puff the Dragon project.
I just received a surprise Puffdrop in my wallet from ‘Puff the Dragon project’. Time to see what other rewards await!
13 Saints
The esteemed 13 individuals who have significantly contributed to the development and advancement of crypto space.
Joining forces with the 13 Saints of web3, we're revolutionizing the future of DeFi.
Pufflection
The process where Puff the dragon reflects on his actions or decisions. It indicates a thoughtful and reflective approach to understanding and learning from past experiences within the crypto space.
Taking a moment for Pufflection helped me realize the long-term potential of the Puff the Dragon project.
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